Mirror MACD by Trader Jay

This is my take on the metatrader indicator, the mirror macd . Works pretty good on Forex, haven't tested on anything else

Enter long after the Blue Line Cross Up the Red Line and EXIT after the Green line Cross Up the Red Line (above the Blue Line).
For the opposite position : ENTER SELL after the Red Line Cross Down.
Script open-source

Dans le plus pur esprit de TradingView, l'auteur de ce texte l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur ! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par les règles internes. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Vous voulez utiliser ce script sur un graphique ?


What's the difference between this indicator and Lazybear's same name indicator. BTW, I found this one very useful, and I have't used Lazybear's.
+1 Répondre
have you gotten any feedback with stocks day trading?
Awesome indicator could you please explain a little bit more about the idea behind this strategy or how you build it ?
Regards from germany
jaymaynard84 lukaskuemmerle
@lukaskuemmerle, I use this strategy on the daily chart using the Mirror MACD, TEMA 26, and the look back MA.
-If price is below LBMA then I only go long, ignore short signals
-i try to only take trades where price crosses TEMA 26 and Mirror MACD signal at the same time
lukaskuemmerle jaymaynard84