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FLI, STC, MACD, and EMA Strategy Configuration

Article Strategy library · Author: wikitrader1

Summary

This partial Pine Script describes a configurable strategy combining a Follow Line Indicator (FLI), Schaff Trend Cycle (STC), MACD, and an exponential moving average filter. Its inputs expose entry strictness, display options, FLI band and ATR settings, EMA confirmation modes, STC thresholds and modes, and MACD cross, histogram-slope, and zero-line conditions. The script also sets a percentage commission, slippage, starting capital, and position size for strategy calculations.

The excerpt ends at the risk-management section before showing the entry, exit, or order logic. It therefore does not establish how the indicators are combined, what trades are opened, or how risk controls operate. No performance results or market-specific evidence are included. The parameter list suggests a framework for testing alternative confirmation rules, but the supplied text is insufficient to assess the strategy's behavior, robustness, or profitability.

Key ideas

  • The script combines FLI, STC, MACD, and EMA settings in one strategy framework.
  • It offers selectable confirmation modes and adjustable indicator parameters.
  • The excerpt includes transaction cost and position-sizing assumptions for strategy calculations.
  • Because the document ends before the order logic, its entry and exit rules cannot be evaluated.

Tags

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