If you want a good strategy without repaint. This one might be for you. Excellent profitable for BTCUSD3M for OKCoin. It uses multiple time frame MACD for trading decision. To avoid repaint, set the delay period = 1 for both long term and midterm.
The idea is that, if long term, mid term and current time frame all agree on traidng direction, the trade will take place.
I also uses it in my automated trading bot with good result.
Make sense strategy tho, so your long term setting is Daily close right ?, so the repaint risk is because the [long term daily macd] is still painting right?
But [mid term 240] seems right with no repaint because you add 1 period ? right right right ill test it on spot market, great job dude
pls reply i'd like to confirm the logic, thx
AlgoDayTrading
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Has anyone been using this recently? I have been working on a MTF MACD Strategy for sometime and could use some assistance.
jpneko
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Hello, I am from Japan. Now, I have some concerns about using this product. I have a chart that shows signals. It does not match the alerts. Can you solve the problem?
goyoquad
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Hello, I really like this script, I'm backtesting it with great results in short term trades. I have a question though, what's is the MACD condition that must be agreed in long and short term for the trade to take place? It is MACD crossovers in the same direction? Or it only needs that long term and short term MACD be trending in the same direction? Sorry I'm a little confuse about that. Really appreciate your work mate. Greg
Bago
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hi, this is great.
i have some issues with alert script though,
it keeps firing while in long or short position, can i make the alerts only fire once at the beginning of the entry and end?
thank you
Bago
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i've been trying to solve this myself,
but my lack of knowledge about pinescript is disturbing.
Nambass
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@Bago,
I am also trying to get it working. anyone manage to solve this?
But [mid term 240] seems right with no repaint because you add 1 period ? right right right ill test it on spot market, great job dude
pls reply i'd like to confirm the logic, thx