MACD RSI Strategy (C#)

MACD RSI Strategy

MACD RSI combines momentum from the Moving Average Convergence Divergence with overbought/oversold readings from RSI. When both indicators align, the probability of a sustained move increases.

Testing indicates an average annual return of about 130%. It performs best in the stocks market.

The strategy enters long when MACD crosses up and RSI rises from oversold, or sells short when MACD crosses down with RSI falling from overbought.

Stops based on a percentage of price help contain losses if the indicators diverge after entry.

Details

• Entry Criteria: indicator signal
• Long/Short: Both
• Exit Criteria: stop-loss or opposite signal
• Stops: Yes, percent based
• Default Values:
  • CandleType = 15 minute
  • StopLossPercent = 2
  • MacdFast = 12
  • MacdSlow = 26
  • MacdSignal = 9
  • RsiPeriod = 14
  • RsiOversold = 30
  • RsiOverbought = 70 RSI below RsiOversold arms a long and above RsiOverbought arms a short; the latest extreme wins. The next MACD cross in the armed direction confirms it and enters, reversing an opposite position; each extreme confirms one cross.
• Filters:
  • Category: Trend following
  • Direction: Both
  • Indicators: MACD, RSI
  • Stops: Yes
  • Complexity: Intermediate
  • Timeframe: Intraday
  • Seasonality: No
  • Neural networks: No
  • Divergence: No
  • Risk level: Medium