TRADE with vmacd- rules are here

#1
hi friends

Get the vmacd code. (Find it from wisestocktrader site.)
vmacd is volume based macd.
USE A DONCHIAN CHANNEL WITH 20 PERIODS.
UE COLORCODED PRICE BARS-(BLUE UPTREND-RED-DOWNTREND)
USE A TRAILING STOP like that of vstop
Trade only volumes are dominant(when institutions are trading)
RULES ARE

1.We need a defined uptrend()
2. price bars must be blue
3.Stoploss lines must be blue & be below price for going long
4. Vmacd histogram must be above zeroline for long trade
5. We must take long trade only if sellers are less than X (X CAN BE 1000 OR 2000).
If more than X, don’t trade .
6. Go long at preferably THE first reversion to the mean in current uptrend
7. Your stoploss must be blue and max risk only 3 points and not more.

see charts

 
Last edited:
#2
Volume MACD (Vmacd) Code - :clap:


Code:
_SECTION_BEGIN("vol macd");
Diff = EMA (Volume,12) - EMA (Volume,26);

DEA = EMA (Diff,9);

Value3 = (Diff-DEA);

Plot (Diff, "Diff", 18,1);
Plot (DEA, "DEA",15,1);

Plot(Value3,"Vmacd",12,3);

_SECTION_END();


Enjoy:thumb:
 

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