OPEN-SOURCE SCRIPT
Updated MACD Signal with RSI Indicating Strategy
This strategy looks for MACD signal crossover and RSI confirmation of oversold/overbought condition.
Tune to your crypto/stock for best results using the strategy and sent an alert. Currently set up to use 25% of equity at each buy signal and will sell 1/3 of position at each sell signal. Initial investment is $1000, but adjust as necessary.
Currently tuned to DOGEUSD on 30min chart.
If you like/use/profit, follow me or shoot me a donation. If you are looking for a script design, I can help.
Tune to your crypto/stock for best results using the strategy and sent an alert. Currently set up to use 25% of equity at each buy signal and will sell 1/3 of position at each sell signal. Initial investment is $1000, but adjust as necessary.
Currently tuned to DOGEUSD on 30min chart.
If you like/use/profit, follow me or shoot me a donation. If you are looking for a script design, I can help.
Release Notes
Made some edits to the strategy to display current holdings label on chart, user max holding limit, and user set sell rates (all holding, 1/2 holding, 1/3, holding, or 1/4 holdings) as the sell orders hit. These tweaks help make the strategy more applicable to other stocks/crypto.Donate/Like/Follow/message for more scripts.
Open-source script
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.
Dogecoin tips: D6V8aEjUWaikN1aJYJJkKhZ2B47yceTxEC
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.
Open-source script
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.
Dogecoin tips: D6V8aEjUWaikN1aJYJJkKhZ2B47yceTxEC
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.