Ellis US30 Strategy: EMA, MACD, Stoch RSI, and Divergence Filters

Summary

This open-source US30 strategy combines a New York session filter with three exponential moving averages, MACD, Stoch RSI, and RSI pivot divergence. Its configurable inputs include daily profit and loss limits, point-based stop and target distances, and indicator periods. The visible code calculates the indicators and tracks successive price and RSI pivots, apparently to identify bullish and bearish divergence alongside trend and momentum conditions.

The document is truncated partway through the divergence logic, before entry, exit, or position management rules are shown. It provides no backtest settings, performance results, or evidence that the combination is profitable. The listed controls describe the intended scope, but the missing code prevents a complete assessment of how the signals interact or whether the risk limits are implemented as expected. Treat it as a partial strategy specification rather than a fully documented trading method.

Key ideas

• The strategy combines EMA trend measures with MACD, Stoch RSI, and RSI pivot divergence.
• Trading can be restricted to a configurable New York session.
• Inputs include daily profit and loss limits and point-based stop and target distances.
• The available document is cut off before its entry and exit rules can be evaluated.
• No backtest results or evidence of performance are provided.

Tags

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