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MACD BF 🚀
Customised MACD strategy with dynamic stop losses based on ATR.
Signals are generated when the delta value becomes positive or negative (when it crosses the zero line)
Stop losses are printed on the chart in yellow and orange. They are based on recent average True Range to allow for volatility.
INSTRUCTIONS
Signals are generated when the delta value becomes positive or negative (when it crosses the zero line)
Stop losses are printed on the chart in yellow and orange. They are based on recent average True Range to allow for volatility.
INSTRUCTIONS
- Green background = long
- Red background = short
- Yellow dotted line = stop loss placement for long
- Orange dotted line = stop loss placement for short
- White background = you have been stopped out, wait patiently for the next signal
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