2 years ago

147

Website: https://traderslanding.net
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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✨ A Playlist of Systems I Like: https://bit.ly/SystemsILike

🔍 Link to my Testing Performance Spreadsheet: https://traderslanding.net/results/
📘 Link to my free backtesting spreadsheet: https://traderslanding.net/2021/08/15/26/
📊 Link to all indicators tested on the channel: https://traderslanding.net/indicators/
🏠 System Web page: https://traderslanding.net/2021/10/30/47/

⏱️ 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)

👀 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
1. Price is above the 200 EMA.
2. A and B Leg pattern form while the MACD histogram stays above the 0 line.
3. Enter when price moves above the top of the A leg. Do not wait for the candle to close.

👇 Short Entry
1. Price is below the 200 EMA.
2. A and B leg pattern form while the MACD histogram stays below the 0 line.
3. 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.

Metatags
#StrategyReview #TradingSystem #IntermediateLevelTrading

Attribution
The Secret Mindset Video:
https://www.youtube.com/watch?v=2UWmPFL5Dlw
Guy getting spit on licensed under creative commons:
https://www.tradingview.com/support/solutions/43000592270-exponential-moving-average/

⚠️Disclaimer: This content references opinion and is for information purposes only. Not intended to be investment advice. Seek a licensed professional for investment advice.

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