I go over a somewhat subjective but very profitable trading system that utilizes 2 indicators and price action. In addition, I give 6 optimization tips that can make this system more virstiatle.
The system I developed is from the concepts shown in a video from the Secret Mindset channel.
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⏱️ Timestamps ⏱️
00:00 – Start
00:56 – Indicators
01:53 – Long Examples
03:35 – Short Examples
05:17 – Testing Results & Equity Curve
06:46 – Trader’s Landing Score
07:03 – Optimization
⚙️ System Specifics ⚙️
📛 System Name: ABC to MACD
🎹 Instrument: Bitcoin vs. US Dollar (BTC/USD)
⌛ Time Frame: 5-Minute (M5)
🏆 Trader’s Landing Score: 7
👀 TradingView Indicators
Name: Exponential Moving Average (EMA)
Inputs: Length – 200
Style: White
By: TradingView Built-In
Link: https://www.tradingview.com/support/solutions/43000592270-exponential-moving-average/
Name: MACD (Moving Average Convergence/Divergence)
Inputs: Default
Style: Remove – MACD & Signal Lines
By: TradingView Built-In
Link: https://www.tradingview.com/support/solutions/43000502344-macd-moving-average-convergence-divergence/
☝️ Long Entry
- Price is above the 200 EMA.
- A and B Leg pattern form while the MACD histogram stays above the 0 line.
- Enter when price moves above the top of the A leg. Do not wait for the candle to close.
👇 Short Entry
- Price is below the 200 EMA.
- A and B leg pattern form while the MACD histogram stays below the 0 line.
- Enter when price moves below the bottom of the A leg. Do not wait for the candle to close.
🔥 Risk to Reward: Proportional to the length of the A:B legs.
🛑 Where to place stop-loss:
For Longs: Below the B leg.
For Shorts: Above the B leg.
🚀 Where to take profits: 2:1, when 1:1 is hit move stop to break even.
⚠️Disclaimer: This content references opinion and is for information purposes only. Not intended to be investment advice. Seek a licensed professional for investment advice.
