Golden Star

*Golden Star is a technical signal that was first introduced in 2007 by J.Stromberg at the website getagraph.com. The signal derives from the well known 'Golden Cross' that uses 50 or 200 days of moving averages to define, what has been argued by many, what was the best technical signal out of them all. Backtesting proves actual strong results on the signal which has a delay of 2 days.

The 'Golden Star' signal differs from the 'Golden Cross' by adding more conditions for the signal to appear. For instance, the moving averages have to be selected based on the time frame that was selected. In addition, it has to cross the price line at a given pattern as shown below.

Golden cross

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