cryptostang23

MACD Signal with RSI Indicating Strategy

cryptostang23 Updated   
This strategy looks for MACD signal crossover and RSI confirmation of oversold/overbought condition.

Tune to your crypto/stock for best results using the strategy and sent an alert. Currently set up to use 25% of equity at each buy signal and will sell 1/3 of position at each sell signal. Initial investment is $1000, but adjust as necessary.

Currently tuned to DOGEUSD on 30min chart.

If you like/use/profit, follow me or shoot me a donation. If you are looking for a script design, I can help.
Release Notes:
Made some edits to the strategy to display current holdings label on chart, user max holding limit, and user set sell rates (all holding, 1/2 holding, 1/3, holding, or 1/4 holdings) as the sell orders hit. These tweaks help make the strategy more applicable to other stocks/crypto.

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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.

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