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- at what point is it possible to open a position?
- What does the MACD signal mean?
- What does the RSI signal mean?
The chart period (H1), MACD and RSI parameters and closing time are clear. Let's say we close daily from 21:00 GMT. Then the questions are as follows:
- what is the time to open a position?
- What does the MACD signal mean?
- What does the RSI signal mean?
- Position opens again on a signal MACD or RSI (MACD is crossing a fast line - slow (top-down - sell, and vice versa) And on RSI - this crossing (Out of the zone) of overbought or oversold!)
And ideally, this whole system should work around the clock and should be constantly open position, which will either decrease or increase, or reverse!
- the signal line crosses the MACD(5,13,8) main line upwards or the RSI(12) line crosses the 70 level downwards.
Increase in sell position volume (opening if not present) and decrease in buy position volume (closing if minimal):
- the signal line crosses the MACD(5,13,8) main line downwards or the RSI(12) line crosses the 30 level downwards.
Did I get the idea right?
Question:
is the indicator signal on bar 0 or 1?
- what is the RSI(12,6) indicator and how does it differ from the RSI(12) indicator?
- If I close positions at the end of the day, do I open new ones by the MACD/RSI signals or do I restore the previous position volume?
Open/Enlarge or Close/Decline if either MACD or RSI signal is present. Not "AND", but "OR". There is something about that. About the position reversal and without stops there is nothing wrong with it. The main thing is to clarify the mechanism and ensure that the EA works around the clock (I can).
to George-on-Don
Open/Enlarge or Close/Decline if either MACD or RSI signal is present. Not "AND", but "OR". There is something about that. About the position reversal and without stops there is nothing wrong with it. The main thing is to clarify the mechanism and ensure that the EA works around the clock (I can.
Try it - I'll try it too.
)... because it's a fiction - if you think that a flip in a losing trade is better than a normal exit at a stop and then an opening in the other direction))) - because even the same spread is there in both cases)))
I don't get it, how is one different from the other?
What is a "flip"?
to George-on-Don
Open/Enlarge or Close/Decline if either MACD or RSI signal is present. Not "AND", but "OR". There is something about that. About the position reversal and without stops there is nothing wrong with it. The main thing is to clarify the mechanism and ensure that the EA works around the clock (I can).
)... because it's a fiction - if you think a flip in a losing trade is better than a normal exit by a stop and then an opening in the other direction))) - because even the same spread is there in both cases)))
I don't get it, how is one different from the other?
What is a flip?