Price: $29.00
This is a trading strategy based on the MACD indicator.
The strategy enters long positions when the MACD line crosses above the signal line and the current price is above a certain EMA filter.
Description
It enters short positions when the MACD line crosses below the signal line and the current price is below the EMA filter. The strategy uses a trail stop loss to exit positions, with the trail distance determined by user-dened percentage values. The color of the histogram is green when the MACD line is above the signal line, and red when it is below. The strategy is implemented in the TradingView platform using Pine Script.
