by foreveryoung » Fri Mar 06, 2020 7:50 am
Alexander Elder suggests two take profit methods. One is, when long, close position once force index in the lower time frame turns from positive negative. Should this method be coded, please include a Yes/No option in the strategy dialogue.
The second method, which makes more sense, is, when long, close position once current bar MACD histogram value < previous bar MACD histogram value, which is The Close On Opposite function.
Regards Nik