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xPineScript/xStrategies/XST_TMPLMCD5M/Docs/XST_TMPLMCD5M.md
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2024-01-25 04:07:49 +03:30

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# Trend Magic Scalping (TMPLMCD5M)
## Setup
- **TF**: 5m
- **Asset**: TSLA
- **R2R**: 1:2
- **Indicators**:
- Trend Magic (KivancQzbilgic):
- Change Plot Blue color to Green;
- Change CCI Period to 18;
- **Oscillators**:
- Impulse MACD by LazyBear:
- Change ImpulseMACD shows as Columns;
- Change ImpulseMACD Color 3 to Red;
- Change Color of ImpulsHisto to Yellow;
## Using the Strategy
### Long/Buy Conditions
- ImpulseMACD gives Green DownSide (Reversal);
- ImpulseMACD Green Column is above of ImpulseMACD signal line;
- ImpulseHisto Yellow is above MACD green Bar (above zero line);
- TrendMagic is Green;
- Market froms a Bullish Candle;
#### Long SL
place sl at prev MArket lowest
#### Long TP
calculate based on R2R;
### Short/Sell Conditions
- ImpulseMACD gives Red UpSide (Reversal);
- ImpulseMACD Red Column is below of ImpulseMACD signal line;
- ImpulseHisto Yellow is below MACD Red Bar (below zero line);
- TrendMagic is Red;
- Market froms a Berish Candle;
#### Short SL
place sl at prev market highest;
#### Short TP
calculate based on R2R;
### Signals Overlap
how to handle signals overlaps.