Volatile Stocks - Simple Strategy w/Profit and StopThis strategy is based off of a script I wrote for another highly volatile asset, cryptocurrencies. It prints BUY and SELL signals based off of inputs that you can specify. I used this script as a time saver. If there is no signal on the chart, I'm less interested in analyzing it.
BUY SIGNALS
Bullish EMA Cross
Positive MACD Cross
Single-candle gains
SELL SIGNALS
Profit %
Stop Loss %
Naturally, I don't trade based off of the BUY and SELL signals alone, but it does help me identify the most important charts to look at.
