Writing of EA for Stochastic Indicator and MACD using 2 differant time frames
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Good day everyone! I do not know if this is doable or not so I thought I would ask. I am a newb and know nothing about writing up a program so I am asking if anyone here can help me.
How I trade is by switching back and forth between different time frames to determine if the signal of the lower time frame stochastic is turning in the same direction of a higher time frame MACD thus validating the signal. As an example……..
On the 15m chart I take a buy signal when the 5, 3, 3 stochastic %K turns up any time it has closed below the 20 line; and the signal line on a 4 hour 12, 26, 9 MACD is ascending. I do the opposite on the sell except I sell when I get the signal that the 15 minute stochastic %K has turned down after closing above the 80 line; and the 4 hour MACD signal line is descending.
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