Simple Crossover Moving Average: Fast SMA Period 5 and Slow SMA
Period
20; Time Frame : 1 Hour. MACD (5, 20)
Buy if ; SMA up; Macd below 0; TVS above1
Sell if SMA down; Macd above 0; TVS below -1.
The main idea behind the strategy is to take advantage of the
pullback. The bigger the time frame the stronger is the pullback. 4
hour will be then our Time frame.
The 1 hour SMA will be used to determine the trend of the day. The 5
and 20 period for the SMA represent respectively 5 trading days of 1
week and 20 trading days of 1 month.
The 1 Mn MACD period is perfect to take small profit.