MACD (12, 26, 9)
Buy if price movement shows down trend, but MACD shows bearish trend.
Sell if price movement shows up trend, but MACD shows bullish trend.
There is no set take profit for this strategy. I recommend using a trailing stop to catch as much of the wave as possible.
If a reverse signal is generated, close the current position first.
Any, but works best on shorter time frames.
- Easy to spot signals.
- Only one indicator used.
- Not many signals on long term charts.
- No clear take profit
- Hard to automate