OPEN-SOURCE SCRIPT

MACD x SuperTrend with trailing stoploss

8 507
This trading strategy is based on MACD crossover and crossunder. It uses the supertrend to identify the trend it is trading on and takes trades accordingly. You can use the built in risk to reward ratio parameter through the settings of the indicator for your desired R/R

My goal in creating this indicator was to learn about risk management. This indicator will put up a stop-loss and take profit target according to the entry point it shows.

This indicator showed me the best results on BTC at 5min price chart. I'm new to trading so, do your own due diligence

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.