PROTECTED SOURCE SCRIPT
MACD Crossover Trading Strategy tested 100x
I have scripted recently seen youtube video MACD Crossover Trading Strategy tested 100x to see the actual results.
Strategy longs if:
- macd line crossover signal line above zero and price closes above baseline
Strategy shorts if:
- macd line crossunder singnal line below zero and price closes below baseline
As baseline is used ema(200)
As Stop-loss is used swing low/high calculated from last 50 candless or baseline value
As Take-profit is used stop-loss multiplied by RRR 1.5
Settings can be adjusted as you like
Strategy longs if:
- macd line crossover signal line above zero and price closes above baseline
Strategy shorts if:
- macd line crossunder singnal line below zero and price closes below baseline
As baseline is used ema(200)
As Stop-loss is used swing low/high calculated from last 50 candless or baseline value
As Take-profit is used stop-loss multiplied by RRR 1.5
Settings can be adjusted as you like
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.