Here are the NEW rules
1. We only use Weekly chart for buy and sell signals
BUY:
Weekly candle must be above the 20MA
Stochastic RSI upward but not above 80
MACD at least 3 histogram bars in a reverse swing buyers momentum
if all rules are met buy on the week start
Sell:
Sell 50% if Stochastic RSI has been above 80 and drops below - sell into the 2nd week of it being triggered
this changes the outcome to $11,126,800.14 from $8,299,810.26
(buy back in if ALL BUY RULES ARE MET)
if the candle closes below the 20MA sell the rest of the 50% or all
#NOTE this can be highly more profitable with a bit of tweakingChanging
1. We only use Weekly chart for buy and sell signals
BUY:
Weekly candle must be above the 20MA
Stochastic RSI upward but not above 80
MACD at least 3 histogram bars in a reverse swing buyers momentum
if all rules are met buy on the week start
Sell:
Sell 50% if Stochastic RSI has been above 80 and drops below - sell into the 2nd week of it being triggered
this changes the outcome to $11,126,800.14 from $8,299,810.26
(buy back in if ALL BUY RULES ARE MET)
if the candle closes below the 20MA sell the rest of the 50% or all
#NOTE this can be highly more profitable with a bit of tweakingChanging
Note
Forgot to mention there were 10 trades beginning on the 17th Sept 2012 and each trade is compounding
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.