Here is a combination of the classic MACD ( moving average convergence divergence indicator) with the classic slow moving average SMA with period 200 together as a strategy.

This strategy goes long if the MACD histogram and the MACD momentum are both above zero and the fast MACD moving average is above the slow MACD moving average . As additional long filter the recent price has to be above the SMA 200. If the inverse logic is true, the strategy goes short. For the worst case there is a max intraday equity loss of 50% filter.

Save another $999 bucks with my free strategy.

This strategy goes long if the MACD histogram and the MACD momentum are both above zero and the fast MACD moving average is above the slow MACD moving average . As additional long filter the recent price has to be above the SMA 200. If the inverse logic is true, the strategy goes short. For the worst case there is a max intraday equity loss of 50% filter.

Save another $999 bucks with my free strategy.

*This strategy works in the backtest on the daily chart of Bitcoin , as well as on the S&P 500 and the Dow Jones Industrial Average daily charts . Current performance as of November 30, 2015 on the SPX500 CFD daily is percent profitable: 68% since the year 1970 with a profit factor of 6.4. Current performance as of November 30, 2015 on the DOWI index daily is percent profitable: 51% since the year 1915 with a profit factor of 10.8.*

**All trading involves high risk; past performance is not necessarily indicative of future results. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.**//@version=2 strategy("MACD + SMA 200 Strategy (by ChartArt)", shorttitle="CA_-_MACD_SMA_strategy", overlay=true) // ChartArt's MACD + SMA 200 Strategy // // Version 1.0 // Idea by ChartArt on November 30, 2015. // // Here is a combination of the MACD with the // slow moving average SMA 200 as a strategy. // // This strategy goes long if the MACD histogram // and the MACD momentum are both above zero and // the fast MACD moving average is above the // slow MACD moving average. As additional long filter // the recent price has to be above the SMA 200. // If the inverse logic is true, the strategy // goes short. For the worst case there is a // max intraday equity loss of 50% filter. // Input source = input(close) fastLength = input(12, minval=1, title="MACD fast moving average") slowLength=input(26,minval=1, title="MACD slow moving average") signalLength=input(9,minval=1, title="MACD signal line moving average") veryslowLength=input(200,minval=1, title="Very slow moving average") switch1=input(true, title="Enable Bar Color?") switch2=input(true, title="Enable Moving Averages?") switch3=input(true, title="Enable Background Color?") // Calculation fastMA = sma(source, fastLength) slowMA = sma(source, slowLength) veryslowMA = sma(source, veryslowLength) macd = fastMA - slowMA signal = sma(macd, signalLength) hist = macd - signal // Colors MAtrendcolor = change(veryslowMA) > 0 ? green : red trendcolor = fastMA > slowMA and change(veryslowMA) > 0 and close > slowMA ? green : fastMA < slowMA and change(veryslowMA) < 0 and close < slowMA ? red : blue bartrendcolor = close > fastMA and close > slowMA and close > veryslowMA and change(slowMA) > 0 ? green : close < fastMA and close < slowMA and close < veryslowMA and change(slowMA) < 0 ? red : blue backgroundcolor = slowMA > veryslowMA and crossover(hist, 0) and macd > 0 and fastMA > slowMA and close[slowLength] > veryslowMA ? green : slowMA < veryslowMA and crossunder(hist, 0) and macd < 0 and fastMA < slowMA and close[slowLength] < veryslowMA ? red : na bgcolor(switch3?backgroundcolor:na,transp=80) barcolor(switch1?bartrendcolor:na) // Output F=plot(switch2?fastMA:na,color=trendcolor) S=plot(switch2?slowMA:na,color=trendcolor,linewidth=2) V=plot(switch2?veryslowMA:na,color=MAtrendcolor,linewidth=4) fill(F,V,color=gray) // Strategy buyprice = low sellprice = high cancelLong = slowMA < veryslowMA cancelShort = slowMA > veryslowMA if (cancelLong) strategy.cancel("MACDLE") if crossover(hist, 0) and macd > 0 and fastMA > slowMA and close[slowLength] > veryslowMA strategy.entry("MACDLE", strategy.long, stop=buyprice, comment="Bullish") if (cancelShort) strategy.cancel("MACDSE") if crossunder(hist, 0) and macd < 0 and fastMA < slowMA and close[slowLength] < veryslowMA strategy.entry("MACDSE", strategy.short, stop=sellprice, comment="Bearish") maxIdLossPcnt = input(50, "Max Intraday Loss(%)", type=float) strategy.risk.max_intraday_loss(maxIdLossPcnt, strategy.percent_of_equity) //plot(strategy.equity, title="equity", color=red, linewidth=2, style=areabr)

on the SPX500 (S&P 500) daily chart the strategy is profitable 68% since the year 1970 with a profit factor of 6.4

on the DOWI (Dow Jones) daily chart the strategy is profitable 51% since the year 1915 with a profit factor of 10.8

on the XAUUSD (Gold) daily chart the strategy is profitable 66.67% since the year 1920 with a profit factor of 7.2

(not a profitable strategy on several other assets though)

Nice how you're using the 'classics' to implement it.

Let's see how it performs on lifetime and lower timeframes. :)

I keep getting errors \,could you help me? this is the script I m trying.

//@version=2

strategy("MovingAvg2Line Cross", overlay=true)

fastLength = input(9)

slowLength = input(18)

price = close

veryfastLength = input(12)

veryslowlength = input(26)

MACDLength = input(9)

MACD = ema(close, veryfastLength) - ema(close, veryslowlength)

aMACD = ema(MACD, MACDLength)

delta = MACD - aMACD

mafast = sma(price, fastLength)

maslow = sma(price, slowLength)

if (crossover(mafast, maslow)and crossover(hist, 0) and macd > 0 and veryfastMA > veryslowMA

strategy.entry("MA2CrossLE", strategy.long, comment="MA2CrossLE")

if (crossunder(mafast, maslow))

strategy.entry("MA2CrossSE", strategy.short, comment="MA2CrossSE")

//@version=2

strategy("MovingAvg2Line Cross", overlay=true)

fastLength = input(9)

slowLength = input(18)

price = close

veryfastLength = input(12)

veryslowlength = input(26)

MACDLength = input(9)

veryfastMA = ema(close, veryfastLength)

veryslowMA = ema(close, veryslowlength)

MACD = veryfastMA - veryslowMA

aMACD = ema(MACD, MACDLength)

delta = MACD - aMACD

mafast = sma(price, fastLength)

maslow = sma(price, slowLength)

hist = MACD - mafast

if (crossover(mafast, maslow) and crossover(hist, 0) and MACD > 0 and veryfastMA > veryslowMA)

strategy.entry("MA2CrossLE", strategy.long, comment="MA2CrossLE")

if (crossunder(mafast, maslow))

strategy.entry("MA2CrossSE", strategy.short, comment="MA2CrossSE")

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