Trend Following MACD + MA Ribbon+ADX+CMO — Strategy by shangotango1969
By shangotango1969
Performance Metrics
- Author: shangotango1969
- Symbol: KRAKEN:XRPUSD
- Timeframe: 4 hours
- Net P&L: +50,064.77 USD (+5,006.48%)
- Win Rate: 34.5%
- Profit Factor: 2.061
- Max Drawdown: 17,507.35 USD (35.48%)
- Total Trades: 113
Description
Traders - this is a trend following strategy, It uses MACD, ADX, and EMA 1 & EMA 3 during the entry. For the exits, it uses price action piercing EMA 2, along the Chande Momentum Oscillator. For those not familiar, this is a cousin to the RSI, and Stocastic and responds very well to fast moving changes of regime. I have used this mostly with crypto currency, but other assets may work well. Enjoy and safe trading