MACD TRADING SYSTEM
This is a conservative Trend Continuation Trading System.
Also uses the Average True Range (ATR) to determine take profit and stoploss.
Stoploss becomes trailing when take profit target has been hit.
I built it mainly for myself to use.
Wanted an objective trading system to take all the emotions out of my trading.
- Uses a Hull Moving Average to determine general trend direction
- Uses MACD to initiate Trade entries
- Uses a variant of Chaikin Money Flow for volume confirmation
Also uses the Average True Range (ATR) to determine take profit and stoploss.
Stoploss becomes trailing when take profit target has been hit.
I built it mainly for myself to use.
Wanted an objective trading system to take all the emotions out of my trading.
Информация о релизе:
Updated a bug with SHORT positions. Should work for both directions now.
But as usual, it's best to trade with the macro (daily/weekly) trend.
Cheers, and Merry Christmas!
But as usual, it's best to trade with the macro (daily/weekly) trend.
Cheers, and Merry Christmas!
Информация о релизе:
Many small updates.
- Changed baseline to the 200 EMA
- Added higher timeframe trend
- Changed baseline to the 200 EMA
- Added higher timeframe trend