//Hello my fellow investors //I am creating a simple non-cluttered strategy that uses 3(+1) simple means to determine: viability, entry, and exit //1) Has a consistent trend been maintained for several days/weeks //2) SH SMA crossover LG SMA = Bullish entry/LG SMA crossover SH SMA = Bearish entry //3) Use the Slope factor & Weeks in Trend (WiT) to dertermine how strong of an entry signal you are comfortable with //4) Exit position based on next SMA cross and trend reversal or stop loss% //3+1) For added confidence in trend detection: Apply MACD check - buy--> MACD line above signal line and corssover below histogram \\ sell --> MACD line below signal line and crossover above histogram. //*)This code also allows you to determine your desired backtesting date compliments of alanaster
The chart shown has:
Starting Capital: $10,000 Investment percent per trade: 1.5% Stop Loss: 20% Take Profit: 100%
Catatan Rilis
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I have updated the exit strategy conditions to allow a trailing stop & show the exit targets on the chart.