Hey,
First of I'm not so familiar with Pine Editor, yet.
But a do need some help with a trick thing I*ve been working on.
As you can see I*ve merge the MACD and the MOMENTUM indicators in the same "chart" this have been working pretty well for me as a trading strategy. But now a chat tho create a real strategy with Pine Editor based on the same data. The thing is...
This incredibly simple strategy uses a combination of the 20 EMA and bullish/bearish MACD crosses as a low risk method of getting in and out of markets.
Depending on whether the market is above or below the 200 SMA, the script determines if the market is in bullish or bearish territory. Above the 200 SMA, the script will ignore the 20 EMA as a buy condition and...
I created this indicator to calculate the gains that can be made purely by going long on the market. For exchanges without the ability to short, the standard MACD strategy is unable to accurately calculate the profit/loss from entering and exiting a position, as it includes profit/loss from actively shorting the market, which may either not be possible, or be...
Made this to backtest simple macd trading strategy, had to set it to open long and short positions because i'm not sure how you get it to calculate otherwise.
