The MACD Myth: My 606,422 Tested Trades Reveal the Truth
MACD is a trend-following momentum indicator used to identify price trends. We conducted 606,422 test trades to find the best settings and trading strategies.| Liberated Stock Trader
MACD is a trend-following momentum indicator used to identify price trends. We conducted 606,422 test trades to find the best settings and trading strategies.| Liberated Stock Trader
I tested 23,487 RSI trades on 820 years of exchange data. When configured correctly, RSI can be highly profitable, with a 53% success rate and an average of 65% winning trades. The RSI setting of 14 on a 1-hour chart is the most reliable configuration for identifying profitable buy and sell signals.| Liberated Stock Trader
My research shows the best stock backtesting and auto-trade software are TrendSpider, Trade Ideas, and Tradingview. My testing process selected TrendSpider as the overall winner because it offers the most flexible, code-free, multilayer backtesting.| Liberated Stock Trader
