Easy to Use MACD+RSI Strategy
BEGINNERS REJOICE!
Easy to use strategy test using MACD with RSI as a confirming indicator. The code is structured to make it easy to manipulate the variables to your choosing.
EASY TO CHANGE CODE VARIABLES
LINE 2 = Change the amount you invest every trade and the currency
LINE 8/9/10 = Change the defval of each of these lines to backtest from a certain date
LINE 16/17/18 = Change the MACD sensitivity by changing the defval on each line
LINE 21 = Change the value after close toadjust the sensitivity of the RSI
LINE 37/39 = Change/remove the < and > variables for macdLine and rsivalue after the crossover/crossunder to adjust your buying point further.
As a beginner you may not feel comfortable with shorting stocks, therefore LINE 5 was added to only allows long positions.
Funny how a simple indicator can return such a high profitability. Couple this with some trend/exit strategies and you'll have something really special!