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MACD, Stochastics, RSI System

  • #1
  • First Post: Dec 1, 2017 6:02pm Dec 1, 2017 6:02pm
Developing a system using macd stoch and rsi. Currently have working program. Am setting effective timeframes, stop loss take profit, etc. Also need to figure out how to get it to close a order at stop loss. Is that automated, or do I need code to trigger the sell at stop loss? I haven't added partners to avoid buying multiple tickets of same currency at once, so that may be why the broker is denying transaction due to having to cancle in a certain order. I'll test that once quantity control is done.
  • #2
  • Dec 1, 2017 9:52pm Dec 1, 2017 9:52pm
Quoting Davidhoyle
Developing a system using macd stoch and rsi. Currently have working program. Am setting effective timeframes, stop loss take profit, etc. Also need to figure out how to get it to close a order at stop loss. Is that automated, or do I need code to trigger the sell at stop loss? I haven't added partners to avoid buying multiple tickets of same currency at once, so that may be why the broker is denying transaction due to having to cancle in a certain order. I'll test that once quantity control is done.

Backtesting finished. Clocked in at 112% gain over 7 year timeframe. Will be doing more back testing and parameter adjusting to get higher. Currently about 15% returns a year.
  • #3
  • Dec 1, 2017 10:00pm Dec 1, 2017 10:00pm
If you set a stoploss using an EA it should trigger that stoploss when price hits it.


"Clocked in at 112% gain over 7 year timeframe."
Depending on the drawdown you had during that you might be able to ramp that up big time as well as increase it using money management.
  • #4
  • Last Post: Dec 1, 2017 10:28pm Dec 1, 2017 10:28pm
Quoting AntiVi
If you set a stoploss using an EA it should trigger that stoploss when price hits it. "Clocked in at 112% gain over 7 year timeframe." Depending on the drawdown you had during that you might be able to ramp that up big time as well as increase it using money management.
It was 52%. I'm going to tweak it some, but the money management isn't the issue, save adding a method of determining volume relative to balance. The main issue is the timeframe and period settings at this point.
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