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MACD-Stochastic strategy
Source: https://fxcodebase.com/code/viewtopic.php?f=31&t=3518
Forum: 31 · Topic 3518 · 6 post(s)
MACD-Stochastic strategy
Alexander.Gettinger · Thu Feb 24, 2011 12:07 am
Strategy based on 2 indicators: MACD and stochastic.
BUY conditions: MACD histogram crosses over 0 Stochastic D more than [Stoch level B]
SELL conditions: MACD histogram crosses under 0 Stochastic D less than [Stoch level S]
Download:
The Strategy was revised and updated on December 11, 2018.
Re: MACD-Stochastic strategy
briansummy · Wed Feb 08, 2012 8:14 pm
Great strategy! Is there any way to add the Zig Zag sentiment to this to prevent false signals?
Re: MACD-Stochastic strategy
Apprentice · Thu Feb 09, 2012 6:17 am
Yes such a thing is possible.
Re: MACD-Stochastic strategy
NGSalohcin · Tue Feb 03, 2015 6:37 am
Could I please ask you to make some adjustments to this strategy?
Timeframe i’m working on is 15 Minute Chart.
Long postions:
- Red line must be outside the green histogram and long it when the
- Stochastic goes over the oversold line
Short Positions:
- Red line must be outside the green histogram and short it when the
- Stachastic goes over the overbought line
Stop loss 50 points (not sure if you can code this too) Take Profit - When the MACD has finished its trend and the red line exits the green histogram.
NB to Note - One Trade per cycle, incase it whipsaws, stops out and then meets the same conditions as above. So if a long position fails, it should only be able to take a short position - should that be in a months time or whatever.
Thanks very much man. I really appreciate it!
Re: MACD-Stochastic strategy
willholt627 · Fri Feb 06, 2015 1:38 am
Re: MACD-Stochastic strategy
Apprentice · Sun Dec 11, 2016 12:47 pm
Strategy was revised and updated.