I have covered stock ideas on my page before both long term and short term ideas have been covered.
Apple I have covered previously that the script we use picked up a buy signal late in 2019 on the one week chart and is still climbing now!
But today I want to cover Apple on a much lower time frame. The 1H time chart which would suit CFD and stock day trading much better.
Over the festive period our scripts settings and parameters have been optimised and I want to share the results of the last two trades of 2020.
As you will see from the chart the last short trade was a failed trade but a long trade presented soon after and went on to achieve the 10% take profit target that I have set on this stock.
Our script is a trend following strategy, can be used on any instrument and time frame.
I simply await the next trade to present on my chart and I will enter the trade and set my stop loss and take profit figures.
No lines, no S&R - no analysis, all I have to do is follow it.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL, Take profit targets, lot size etc.
The script itself is based on 4 individual strategies all lining up for extra confluence. The 'BUY' or 'SELL' is indicated on your chart and all bars will turn green or red depending upon the trend in play.
The major plus point is I can see it works with all the data within the strategy tester.
Over the month of December we optimised the scripts parameters specifically for the Apple stock.
The back test data is based on trading a fixed size of 100 contracts per trade with a £5000 starting capital.
All trades are logged on the tester results so please feel free to press the tabs and have a good look for yourselves.
For any more information on the script in question please drop me a message.
Hello there below is a link to a trading idea I covered showing how I traded netflix for 2020. The back test results are on the bottom of that idea also and good ROI in using the script on netflix.