Trading_Solutions_

Dual MACD Strategy

This strategy Multi Time Frame Macd Indicator

We take the first long position when we have a buy signal in Weekly Macd (Macd line crosses above Signal line). This open a trading window, showed with green background color

We close the first position when either Weekly or Daily Macd give us a sell signal ((Macd line crosses below Signal line))

Enable Profit and Stop in strategy settings with different percentage to backtest the strategy. Also if it is better to use a Traditional Stop Loss or a Trailing Stop Loss based on a percentage from low prices

Change macd resolution in settings for other time frames to test the strategy

This Strategy was tested on Crypto Market with good results in assets as BTC, ETH, BNB, ADA, LTC, XLM, BCH, among others

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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