MACD & RSI Strategy
The Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are popular technical indicators used by traders for various reasons. both provide valuable insights into market momentum, trend strength, and potential reversals, making them useful tools for making informed trading decisions.
By leveraging the strengths of both MACD and RSI, traders can make more informed and strategic decisions, improving their chances of success in the market.
Buy Trade Rules
- RSI < lower threshold.
- MACD result line has crossed above the signal line and is below the zero threshold.
Sell Trade Rules
- RSI > upper threshold.
- MACD result line has crossed below the signal line and is above the zero threshold.
Algo Strategy Builder
This strategy was built using the Algorithmic Strategy Building Tool with no coding experience. Full source code included.