I donât want to derail the OP, but I have a question regarding the MACD crosses in general.
I am currently working on a system where the MACD crosses 2 to 3 candles before the EMAâs I use, the great thing is that the MACD is purely an indicator of a possible future in the system, this is because the EMAâs donât always cross they can actually diverge. This prevents those awful âFake crossesâ and keeps me in the correct direction.
With the testing I have been doing the majority of the time 10pips a trade is the magic number, sure there are long trends and then you can make 100+ pips but they are not often enough. So my question is, if the system can get 10pips on a 1:1 risk to reward ratio is that ok, or should I scrap my half tested system and go back to the drawing board.
Sorry if this is the wrong place!