Built on SHOP for long positions, this strategy operates on a 1-hour timeframe and is tested over 7,000 candles. It generates trade signals based on the Moving Average Convergence Divergence crossover. Originating from the Software – Application industry within the Technology sector, it may be applicable to other stocks in similar fields.
Entry Conditions
All of the following: # "X-ray"
D MACD (12, 26, 9, close), MACD Crosses ↗ D MACD (12, 26, 9, close), Signal
Exit Conditions
| Take Profit | Exit if gained more than 21% (after candle closes). |
|---|---|
| Stop Loss | Exit if lost more than 7% (after candle closes). |