This is a strategy/combination of warning indicators using 6MA+MACD.
The strategy details are as follows: This is a simple warning strategy created so that we don't have to monitor the candlestick chart too often.
Note: This isn't an entry strategy; it's a signaling strategy for upcoming trends. For maximum efficiency, we should incorporate more formulas into the command. In the case below, I use Fibonacci to enter the command. This strategy setting works for a 15-minute time frame, but it can still work for different time frames. It has been working well with Gold and USOIL for the last two years, as well as with currency pairs like EURUSD and many others.
Uptrend alert: Candles on both EMAs (100-200) + 2 SMAs (400-800) In the previous 80 candles: EMA100 cross up to EMA200 At the same time, the MACD cross up 0. The uptrend warning will trigger when EMA6 cuts down to MA10. That's when the price creates the top and we'll wait for the market to go back to the Fibonacci threshold of 0.618 and start buying (or wait for markets to break up the trendline to buy).
Downtrend alert: Candles are below both EMAs ( 100-200 ) + 2 SMAs ( 400-800 ) In the previous 80 candles: EMA100 cross down to EMA200 At the same time, the MACD cross down zero. The downtrend warning will trigger when EMA6 cuts to MA10. That's when the price creates a bottom and we'll wait for the market to go back to the Fibonacci threshold of 0.618 and start selling (or wait for the market to break down the trendline to sell).
Recommended RR: 1:1
If you have any questions please let me know!
發行說明
Update version 5.0: - Improved noise cases to provide earlier warnings when the market reverses strongly. - Larger warning flags for easy visibility
發行說明
Update: Fine-tune EMA and MACD parameters for maximum efficiency. In particular, this update will make the indicator easier to see.