SMA Crossover for USTEC (Nasdaq 100)

The classic golden-cross / death-cross signal — slower than EMAs, fewer false positives.

Why SMA Crossover Works on USTEC

The SMA crossover uses simple moving averages instead of exponential. The signal is slower to fire (good — fewer whipsaws) but slower to exit (bad — bigger giveback). The 50/200 SMA cross is the textbook "golden cross" signal used by every CNBC anchor for a reason: on daily charts of major indices, it actually works.

Nasdaq 100 (USTEC) is the high-beta cousin of the S&P. Sharper moves, longer trends, deeper drawdowns. Strong momentum and breakout candidate.

Equity indices reflect aggregate corporate earnings, sentiment, and Fed policy. They trend more cleanly than individual stocks and gap less than commodities.

Pine Script Source

Copy this into PineForge — backtest on USTEC or any supported symbol, then deploy as a live bot.

//@version=5
strategy("SMA Crossover 50/200", overlay=true)

fast_sma = ta.sma(close, 50)
slow_sma = ta.sma(close, 200)

if ta.crossover(fast_sma, slow_sma)
    strategy.entry("Long", strategy.long)

if ta.crossunder(fast_sma, slow_sma)
    strategy.close("Long")