Macd Divergence + MTF EMA — Strategy by Trading_Solutions_
By Trading_Solutions_
Performance Metrics
- Author: Trading_Solutions_
- Symbol: BINANCE:BTCUSDT
- Timeframe: 1 hour
- Net P&L: +342.11 USDT (+34.21%)
- Win Rate: 52.2%
- Profit Factor: 2.732
- Max Drawdown: 78.67 USDT (5.60%)
- Total Trades: 67
- Sharpe Ratio: 0.441
Description
Sep 10, 2021MACD Divergence + Multi Time Frame EMAThis Strategy uses 3 indicators: the Macd and two emas in different time framesThe configuration of the strategy is:Macd standar configuration (12, 26, 9) in 1H resolution10 periods ema, in 1H resolution5 periods ema, in 15 minutes resolutionWe use the two emas to filter for long and short positions. If 15 minutes ema is above 1H ema, we look for long positionsIf 15 minutes ema is below 1H ema, we look for short positions We can use an aditional filter using a 100 days ema, so when the 15' and 1H emas are above the daily ema we take long positionsUsing this filter improves the strategy We wait for Macd indicator to form a divergence between histogram and priceIf we have a bullish divergence, and 15 minutes ema is above 1H ema, we wait for macd line to cross above signal line and we open a long positionIf we have a bearish divergence, and 15 minutes ema is below 1H ema, we wait for macd line to cross below signal line and we open a short positionWe close both position after a cross in the oposite direction of macd line and signal lineAlso we can configure a Take profit parameter and a trailing stop lossJan 24, 2023Release NotesUpdates on this strategy Update to PineScript v5 Bug Fixes Repainting Fix Alert function for opening a position Labels on chart when a position is openWe are happy to announce that we will be updating our scripts, adding new indicators and strategies that we've been working on and publishing trading ideas