| MACD with Trailing stop and brackets |
| |
| Preparation. |
|
Look at 10 minute MACD chart |
|
| Enter position |
Long |
Enter long when MACD crosses above its signal line |
MACD is based on 13,30,9 parameters. |
| |
Short |
Enter short when MACD crosses below its signal line |
MACD is based on 13,30,9 parameters. |
| Long |
Profit target |
Exit when 10 minute MACD crosses below its signal line or bracket value is met but should not reverse positions if bracket value is met |
MACD parameters are different |
| |
loss |
0.20% move |
|
| |
Trailing stop |
|
1 point to 1point , and trailing stop 10 points below. |
| short |
Profit target |
Exit when 10 minute MACD crosses above its signal line or bracket value is met but should not reverse positions if bracket value is met |
MACD parameters are 13, 30,9 |
| |
loss |
0.20% move |
|
| |
Trailing stop |
|
1 point to point and trailing stop 10 points below |
| Epsilon |
0.00 |
|
|
| Wins |
10 |
|
|
| Total |
10 |
|
|
| Loses |
2 |
|
|
| Stop |
0.60% |
|
|
| limit |
0.20% |
|
|
| |
|
Other than the first trade entry and the last trade exit, subsequent signals are always down in doubles, meaning that when a long trade is closed off with a short , an additional short trade is entered to open a new short position. |
|
| |
|
The system starts trading from after 30 minutes till end of trading day. The last trade still open will be closed at end of trading day. |
|
General description
This is a MACD crossover system which reverses the trade at crossover points.
The stop loss is to protect against catastrophic moves against the trade.
Please Note:
The categorization of this strategy is medium risk.
|
