OPEN-SOURCE SCRIPT
Stochastic & MACD Strategy Ver 1.0
This strategy is inspired by ChartArt and jasonluk28.
The following input changes from the initial ChartArt version to achieve higher stability and profit:
Fast MA Len:11
Slow MA len: 24
Stoch Len: 20
No difference is found in minor changes (+-10) lv. of overbought/oversold
It works above 40% winning rate in Heng Heng Index, Shanghai Composite, Dow Jones Industrial Averge, S&P 500 NASDAQ, VT (World Total Market) and in 15 mins chart
Profit: above ~10 to 30% in less than 1year backtest for most major indice of China and US and ~62% in Heng Seng Index (Hong Kong) & 40.5% in SZSE Composite (Shen Zhen)
P.S. Profit: 700 (Tencent) +150.5%, 939 (CCB) +66.5%, 1299 (AIA) +45%, 2628 (CLIC) +41%, 1 (CK Hutchison) +31%
NFLX +82.5%, BABA +55.5%, AMZN +44%, GOOG +38%, MCD +24.5%
However, Loss in FB -19% , AMD -38.5%
Not suitable for stocks with great influences in News or Events ???
The following input changes from the initial ChartArt version to achieve higher stability and profit:
Fast MA Len:11
Slow MA len: 24
Stoch Len: 20
No difference is found in minor changes (+-10) lv. of overbought/oversold
It works above 40% winning rate in Heng Heng Index, Shanghai Composite, Dow Jones Industrial Averge, S&P 500 NASDAQ, VT (World Total Market) and in 15 mins chart
Profit: above ~10 to 30% in less than 1year backtest for most major indice of China and US and ~62% in Heng Seng Index (Hong Kong) & 40.5% in SZSE Composite (Shen Zhen)
P.S. Profit: 700 (Tencent) +150.5%, 939 (CCB) +66.5%, 1299 (AIA) +45%, 2628 (CLIC) +41%, 1 (CK Hutchison) +31%
NFLX +82.5%, BABA +55.5%, AMZN +44%, GOOG +38%, MCD +24.5%
However, Loss in FB -19% , AMD -38.5%
Not suitable for stocks with great influences in News or Events ???
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.