Stock trending strategy

This is a long only strategy designed maily for stock markets and futures . In general it works best with 1h, however it can be optimized with other timeframes as well.

MACD histogram

Rules for entry
Long :
For VWAP: close is above the vwap daily
EMA: close is above the moving average
MACD histogram is above 0

For VWAP: close is belowthe vwap daily
EMA: close is below the moving average
MACD histogram is below 0

Rules for exit
This strategy does not have any risk management inside. Instead it exits whenver it receives an opposite signal form the original one used for entry.

If you have any questions let me know !

Skript med en öppen källkod

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Vill du använda det här skriptet i ett diagram?