MACD with Support and Resistance - Signals Alerts SL and TP by Tech Store On The script uses MACD for entering/exiting trades and support/resistance lines to take TP1 (take profit 1). Both MACD and support/resistance lines are fully configurable to your preference, and you can back-test it via TradingView. Once TP1 is taken, you can either set the indicator to...
The script is totally based on momentum , volume and price. We have used : 1: Bollinger Band Squeezes to know when a breakout might happen. 2: Used Moving Averages(SMA and EMA) to know the direction. 3: The success Rate of this strategy is above 75% and if little price action is added it can easily surpass 90% success mark. 4: Do not worry about drawdowns , we...