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Daily SP500 with MACD

Updated: Jun 15, 2023

13 lines of code for the SP500 index on the daily timeframe.



The code


entrycondition1 = MACD[12,26,9][0] < MACD[12,26,9][1] and MACD[12,26,9][1] < MACD[12,26,9][2] and MACD[12,26,9][2] < MACD[12,26,9][3] and MACD[12,26,9][3] < MACD[12,26,9][4]

entrycondition2 = MACD[12,26,9][0] < 0 and close[0] < close[1]

entrycondition3 = (close - low) / (high - low) < 0.13

IF entrycondition1 and entrycondition2 and entrycondition3 THEN
BUY 1 CONTRACTS AT MARKET
ENDIF

exitcodition = close[0] > high[1]

If LongOnMarket AND exitcodition THEN
SELL AT MARKET
ENDIF

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