This strategy is inspired by a youtuber called Joel on Crypto. He trades this using Ema, MACD indicators and his own experience. For more information, check out his Best Crypto Scalping Strategy for the 5 Min Time Frame video. I have tried to automate this a little.
Long or Short trades are determined with a crossing of the fast Ema over the slow Ema for Long and...
Moving Average Convergence Divergence – MACD
The most popular indicator used in technical analysis, the moving average convergence divergence (MACD), created by Gerald Appel. MACD is a trend-following momentum indicator, designed to reveal changes in the strength, direction, momentum, and duration of a trend in a financial instrument’s price
Historical...
This gives to you buy-sell signal with MACD histogram value.
Use "Fast and Slow length" and "Buy or Sell Histogram Value" inputs to take less or more signal.
I spiced the standard MACD indicator up a bit to make it more visible.
When using the MACD:
1. Never go short when the MACD lines are in the negative.
2. Never go long when the MACD lines are in the positive.
3. Always wait for an uptick / downtick on the histogram before you start your trade.
The MACD Histogram can also show you Divergence.
When the price goes...
