MACD Mirror Crossovers for Long and Short Entries
Summary
This indicator adaptation describes a crossover method for trading in either direction. A long entry follows an upward cross of the red line over the blue line, while a long exit follows the gold line crossing upward over the red line above the blue line. For a short position, the stated entry is when the red line crosses downward. The accompanying calculation uses exponential averages of closing and opening prices over 20 periods to form two mirrored series, then applies a 9-period average as a signal line.
The document offers indicator logic and entry or exit rules, but no chart examples, backtest, market selection, stop rules, or performance evidence. It also leaves the short exit unspecified, so the description is incomplete as a standalone trading system. The crossover conditions should be treated as a technical indicator concept rather than evidence of profitability.
Key ideas
- The indicator compares mirrored exponential-average series derived from closing and opening prices.
- A long entry is signaled when the red line crosses above the blue line.
- A long exit follows an upward crossing of the gold line over the red line above the blue line.
- A short entry is associated with the red line crossing below the other line, but no short exit rule is supplied.
- No backtest or performance evidence is provided.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.