US30 Combo Strategy with EMA, Stochastic RSI, and MACD Signals

Summary

This US30 strategy combines two signal systems. The first looks for a Stochastic RSI crossover from an oversold or overbought area, filtered by the relative order of the fast and medium EMAs. The second requires aligned fast, medium, and slow EMAs alongside a MACD crossover, RSI divergence, and an RSI level condition. Either system can trigger an entry when the bar is confirmed and any enabled New York session and daily profit or loss limits permit trading.

The script sets stop and target orders using user-provided point inputs multiplied by the instrument’s minimum tick size. It also offers signal labels, alerts, EMA plots, and a status panel. The document supplies implementation details but no backtest results, performance evidence, or evaluation across timeframes. The defaults are configurable, and the daily controls use closed trade profit and loss; users should verify how the instrument’s tick size maps to the intended stop and target distances and independently assess costs and risk.

Key ideas

• The strategy permits entries from either a Stochastic RSI crossover setup or a MACD and RSI divergence setup.
• Fast and medium EMA ordering filters the Stochastic RSI signals, while all three EMA levels filter MACD signals.
• Optional session hours and daily closed profit and loss thresholds can block new entries.
• Stops and targets are calculated from the close using distances scaled by the instrument’s minimum tick size.
• The supplied script describes rules and interface features but reports no strategy performance results.

Tags

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