|
10points3multipipstepv.001
Thanks for trying this multipipstep version. No joy here either.
Some traders seem to use MACD as a bullish/bearish indicator where above zero is bullish and below zero is bearish. The current version 10points3v.2(which I like) will sell if MACD is above zero and MACD histogram goes from above the triggerline to below the triggerline. Has anyone tried to make a version which, when MACD is above zero, will BUY if the MACD histogram goes from below the triggerline to above the triggerline? This version might be placed on a separate chart to maybe hedge signals against the normal version. (If I'm not mistaken, the program normally would not buy unless MACD is below zero and the MACD histogram rises from below the triggerline to above the triggerline.) Consider the case where price barely causes the MACD to trigger a sell signal on the normal version, but price then decides to go up unexpectedly quickly in a bullish direction. The new version would be buying while, shortly after, the normal version would be selling. If such a new version were profitable on its own, then running both simultaneously might be even more profitable and possibly safer, given they will often be hedging against each other.
I think it might be a mistake though to put both signals in the same program because there would be too many signals in close proximity on a M15 chart. It would end up ignoring alot of signals if the prior signal has a trade still open.
|