MACD + Stochastic + RSI (Long + Short) — Strategy by x001tk
By x001tk
Performance Metrics
- Author: x001tk
- Symbol: COMEX:GC1!
- Timeframe: 1 day
- Net P&L: +195,240.00 USD (+187.54%)
- Win Rate: 39.8%
- Profit Factor: 1.243
- Max Drawdown: 80,040.00 USD (27.13%)
- Total Trades: 802
- Sharpe Ratio: 0.028
Description
My strategy uses a combination of three indicators MACD Stochastic RSI . The Idea is to GO LONG when ( MACD > Signal and RSI > 50 and Stochastic > 50) occures at the same time and GO SHORT when ( MACD < Signal and RSI < 50 and Stochastic < 50)This strategy works well on futures and stocks especially during market breaking up after consolidation The best results are on Daily charts , so its NOT a scalping strategy. But it can work also on 1H charts. The strategy does not have any stops and profit targets, so we can take all the market can give us at the moment. The exit point only when MACD goes under/over Signal line Its Preformance is quite stable. So, use it, trade it. If it will help you to imprive your trading results, please donate me BTC: 12kd1F8buWisUBdq27BBwRkUvzW7Ey3og5