x001tk

Gold trading strategy with trend follow and TDOW concept

My strategy uses a combination of three indicators MACD Stochastic RSI .

The Idea is to buy when ( MACD > Signal and RSI > 50 and Stochastic > 50) occures at the same time

This strategy works well on stocks and cryptos especially during market breaking up after consolidation

The best results are on Daily charts , so its NOT a scalping strategy. But it can work also on 1H charts.

The strategy does not have any stops and profit targets, so we can take all the market can give us at the moment.

The exit point only when MACD goes under Signal

In addition I've decided to add a stop loss and "Trading day of week" concept

So the results are much more stable and we get more profit !



So, use it, trade it.


If it will help you to imprive your trading results, please donate me

BTC: 12kd1F8buWisUBdq27BBwRkUvzW7Ey3og5
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.

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