PROTECTED SOURCE SCRIPT
Updated Simple MACD Strategy

This simple MACD strategy takes in account a given a time frame and the basic MACD parameters ( short, long, signal values).
The current implementation does not takes persistance or thresholds in accounts.
The current implementation does not takes persistance or thresholds in accounts.
Release Notes
EMA open instead of close value in calculationRelease Notes
Option for choosing open / close for ema calculation functionRelease Notes
Custom label in for EMA input switchRelease Notes
Strategy update:- after the long trade closed it automatically opens a short trade until the next MACD crossover, when short is closed and long is opened.
Release Notes
Updated switch for Short and Long strategy optionsRelease Notes
Long Short switch updateRelease Notes
"Short only" option added to strategy typesRelease Notes
Multiple updates issued:- Threshold values implementation, which can offset the MACD histogram crossing value. Eg.: thresholdUp: +10 => Long open triggers at MACD histogram value 20
- Persistance implementation, which sets a history offset after crossing over threshold
- Gekko strategy mode for using thresholdUp/thresholdDown and persistence
- Plotting persistance - last bar since cross
Release Notes
This update merges the previously developed threshold and persistence values into the basic Long/Short/Long&Short strategies. All strategy types are currently supporting the original Gekko MACD strategy parameters. If you don't need threshold and persistence values use zero values in those parameters.
Changelog:
- Pyramiding OFF by default
- Initial capital set to 6500 by default
- Long/Short/Long&Short final startegies implemented
- Bars since buy/sell are calculated and plotted based on threshold and persistence
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.