@CharlotteIG
I wonder how many people have lost money because of IG's faulty Pivot Point calculations?
Maybe you can give me some of my money back? I'll only spend it on IG again
Let's rewind to April 2020 and do one hundred trades using the 'replay' function on tradingview.com.
Here's trade number1. The MACD crosses and it looks like we will see a downward movement. R:R is always 1:1.5
Trade 1: 31 March 2020. Short.
Result: profit
In general though, 15 minutes seems to be better for spotting the turns. The MACD crossings often come 'too later' on high time frames.
Oh Josephine, this is all far too w@nky to be sustainable.
Buy on bullish candle with MACD crossing above signal even if it's not from below zero?
Sell on bearish candle with MACD crossing below signal even if it's not from above zero?
Thorough and clear!
It is a thing of beauty. And it's exotic, like a Geisha.
https://www.ig.com/en-ch/trading-strategies/ichimoku-cloud-trading-strategies-explained-180423