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ShanghaiCrypto

Volatile Stocks - Simple Strategy w/Profit and Stop

ShanghaiCrypto  
Moving Averages Moving Average Convergence / Divergence (MACD) volatile Stocks
80
0
movingaverage macd volatile stocks
This strategy is based off of a script I wrote for another highly volatile asset, cryptocurrencies. It prints BUY and SELL signals based off of inputs that you can specify. I used this script as a time saver. If there is no signal on the chart, I'm less interested in analyzing it.

BUY SIGNALS
Bullish EMA Cross
Positive MACD Cross
Single-candle gains

SELL SIGNALS
Profit %
Stop Loss %

Naturally, I don't trade based off of the BUY and SELL signals alone, but it does help me identify the most important charts to look at.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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