This indicator is for minute candlestick and this back test work perfectly with Bitcoin and Gold. The indicator tells you when you need to buy and sell your position. The backtest work at 86% of the last year.
Simple Indicator designed by me to check tops and bottoms, also helps to ride the trend, Indicator Tries to Get back at zero.
UPDATE: IMPORTANT!!! MAKE SURE "RECALCULATE AFTER ORDER FILLED" IS CHECKED. I will have it on by default in the future. This is a continuation of my previous scripts of two MACD indicators with a Stochastic RSI indicator. New features: - Alternate MACD time interval You can now set the time interval for the second MACD indicator to a different resolution...
Uses two sets of MACD plus an RSI to either long or short. All three indicators trigger buy/sell as one (ie it's not 'IF MACD1 OR MACD2 OR RSI > 1 = buy", its more like "IF 1 AND 2 AND RSI=buy", all 3 match required for trigger) The MACD inputs should be tweaked depending on timeframe and what you are trading. If you are doing 1, 3, 5 min or real...
Simple change to the standard MACD formula I like to use that slow it down and reduces the amount of false signals while allowing strong/good signals through,