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Combining Follow Line, STC, MACD, and EMA for Trade Signals

Article Strategy library · Author: wikitrader1

Summary

This document introduces a configurable trading strategy that combines a Follow Line indicator with Schaff Trend Cycle (STC), MACD, and EMA confirmations. The visible settings allow users to choose loose, balanced, or strict entry modes and adjust indicator inputs, including Bollinger Band and ATR settings for the Follow Line, EMA confirmation modes, STC thresholds and modes, and MACD cross or histogram-slope logic.

The excerpt provides no complete entry or exit rules, performance results, instrument details, or risk-management logic. It ends as the risk settings begin, so the strategy’s exact signal combination and trade handling cannot be assessed from this material alone. Treat it as a description of configurable indicator components rather than a fully specified or validated trading method.

Key ideas

  • The strategy combines Follow Line, STC, MACD, and EMA inputs for trade confirmation.
  • Entry strictness can be selected from loose, balanced, or strict modes.
  • EMA confirmation can use price position, an EMA cross, slope, or a bullish or bearish state.
  • MACD confirmation can rely on crosses, histogram slope, or both, with an optional zero-line filter.
  • The excerpt does not show complete trading rules or backtest evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.