US30 Strategy Combining Stochastic Signals, MACD Divergence, and Daily Limits

Summary

This US30 strategy combines two entry setups. The stochastic setup uses a 21/50 simple moving average relationship as a directional filter, then looks for a smoothed Stochastic RSI crossover in an oversold or overbought region. The MACD setup requires aligned 21-, 50-, and 200-period averages, a MACD crossover on the appropriate side of zero, an RSI condition relative to 50, and a matching price-versus-RSI pivot divergence. Trades are limited to an optional New York session and can be blocked after a daily closed-profit target or loss limit is reached.

Entries are made on confirmed bars, with configurable point-based stop and target distances; alerts and chart labels distinguish the two setups. The document gives the rules and code, but provides no backtest results or evidence that the approach is profitable. Pivot divergence requires confirmation bars, and the daily controls track closed profit and loss. The supplied point settings, session, costs, and indicator parameters may not suit other instruments or timeframes, so results require independent testing.

Key ideas

• The strategy has separate stochastic and MACD-based entry paths, each with its own filters.
• The stochastic setup requires a 21-period SMA above or below the 50-period SMA and a Stochastic RSI crossover near an extreme.
• The MACD setup combines three moving averages, a zero-side MACD crossover, an RSI threshold, and price-RSI pivot divergence.
• An optional New York session filter and daily closed-profit and loss limits can restrict trading.
• Entries use configurable stop and take-profit distances, but the document supplies no performance evidence.

Tags

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