hello
can you please make me a strategy base on two indicators
1 is the donchain channel DNC 2 is the MACD which is only use the red line
here are the 2 rules for the strategy
by the way it is a counter trend strategy
so buy only
first if the price breaks the bottom line of the
donchain channel that's the confirmation
second then wait for the MACD red cross ABOVE the zero line that's the only time to open a buy trade
if the MACD red line goes below zero line and goes above again Above zero line DONT put a buy trade
only open a buy trade again IF the Bottom line of the donchain channel Breaks and wait again for the MACD red line cross ABOVE the zero line.
sell if the TOP DNC breaks wait for the MACD red line cross BELOW zero line
do not open other trade if the DNC line does not breaks
Summary price breaks the TOP or Bottom line of the Donchain channel wait for the MACD red line cross the ZERO line open a trade
picture for reference
thanks