MGMACDAbr24

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MGMACDAbr24 is based on Martingale and MACD. It uses MACD (25,48,16) period to determine buy or sell positions. MACD (MACD < SignalMACD; MACD < 0; MACD < Previous1 Close < Previous2 Close), a buy position is opened and existing sell position is stopped. If MACD (MACD > SignalMACD; MACD > 0; MACD > Previous1 Close > Previous2 Close), a sell positon is opened and existing buy position is stopped. For each opened position (buy or sell), the equity is tested for each candle, if the equity is below the Initial Equity, the position is closed and a new position is opened with an increment of 1.9 times to the last lost amount . This process is repeated until buy or sell is stopped as determined above and equity is above Initial Equity.
Version: Date: Status: Description:
1 01.04.2024 Not running MGMACDAbr24  Download
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