Strategy based on MACD indicator
MACD Trend reacts to crossovers between the MACD line and its signal line. Bullish crosses initiate longs while bearish crosses start shorts. Opposite crosses or a stop close the trade.
The moving-average convergence divergence indicator adapts well to shifting markets by measuring momentum. This approach aims to ride trending swings while the indicator maintains a clear bullish or bearish bias.
Entry Criteria: Signals based on MA, MACD.
Long/Short: Both directions.
Exit Criteria: Opposite signal or stop.
Stops: Yes.
Default Values:
FastEmaPeriod = 12
SlowEmaPeriod = 26
SignalPeriod = 9
StopLossPercent = 2m
CandleType = TimeSpan.FromMinutes(5)
[*]Filters:
Category: Trend
Direction: Both
Indicators: MA, MACD
Stops: Yes
Complexity: Basic
Timeframe: Intraday (5m)
Seasonality: No
Neural Networks: No
Divergence: No
Risk Level: Medium