Jim's MACD — Strategy by yimbobz
By yimbobz
Performance Metrics
- Author: yimbobz
- Symbol: CME_MINI:MESH2021
- Timeframe: 5 minutes
- Net P&L: +2,157.50 USD (+2.16%)
- Win Rate: 52.0%
- Profit Factor: 2.309
- Max Drawdown: 157.50 USD (0.16%)
- Total Trades: 123
- Sharpe Ratio: 0.386
Description
Feb 21, 2021MACD Buy/Sell Strategy Filters bearish crossovers above the 0 line and bullish crossovers below.Uses 34 ema to further filter the trades and take only longs above and only shorts below.Apply at least 2:1 risk to reward ratio to account for losing trades.Trade at own risk!Feb 21, 2021Release NotesAdded trade timeframes: 7:00AM - 4:00PM7:00PM - 10:00 PMSet ema to 7 period moving averageFeb 21, 2021Release NotesSimplified buy/sell signal code logicFeb 21, 2021Release NotesRemoved commented old code Feb 21, 2021Release NotesRemoved MACD from below and EMA is shown on candles again Feb 22, 2021Release NotesAdded bar color Changed timeframe9:00AM - 4:00PM7:00PM - 10:00PMFeb 22, 2021Release NotesSwitched back to 7 period EMA Time frames adjusted and meant for NYC eastern timeMar 2, 2021Release NotesLogic now only trades bullish MACD cross overs below the 0 line and bearish crossovers above the 0 line. Reverse of the initial code. Code now contains Momentum logic and Hull EMA logic Trade timeframe is set to 11AM - 4PM EST , 7PM -10PM ESTMar 6, 2021Release NotesAdded VWAPRemoved HullMA visibility Mar 6, 2021Release NotesRemoved VWAP as it is crowding Mar 8, 2021Release NotesChanged time to search conditions priorSell logic now only checks MACDMar 10, 2021Release NotesBuy and Sell entry now both use momentum and hullema logicMar 10, 2021Release NotesCode cleanMar 10, 2021Release NotesRemoved ema