Thanks for the detailed response and the backtest. The backtest shows better results with 'average' but we ought to know why it is being used. Thanks again. And eager to meet and learn from you in the upcoming
Momentum Trading & Investing Bootcamp.

Hi Dushyant ji, something I found while forward testing the Triple MA and SWB strategy on Midcap. You might find it interesting or may know it already. We usually plot Triple MA indicator on the Nifty Mid Select chart along with SWB to check our trade entry and exit. However, in system builder we use DMA to build the conditions. Sometimes the trade entry and exits don't match the charts (like it happened today at 9:16AM), and it's because DMA use 'Close' for Input1 and 'Average' for Input2 whereas TripleMA uses 'Close' for all 3 inputs.

Let me know your thought please.