Swing Trader, Long Only: MACD Strategy for Medical Stocks (TA)

This AI Robot is for traders who prefer to open long only positions and trade stocks of companies from the medical sector using the signals of the well-known technical indicator MACD. The maximum number of open positions does not exceed 35-40, and the average trade duration is 4 days. After entering the trade, the robot places a fixed orders "Take profit" and "Stop Loss" at the level of 4% of the position opening price. All this makes following the signals of this robot simple and affordable even for beginner traders.

Moving average convergence/divergence (MACD) is a trend-following momentum indicator that shows the relationship between two exponential moving averages (EMAs) of a security’s price. This indicator was created in the 1970s and gained wide popularity among traders due to its simple rules of use and good performance. Using a unique system of multi-level backtests and a proprietary method for analyzing volatility and price dynamics of stocks, our team of quants created an effective strategy for using this indicator.

About sector:

The medical sector consists of companies that provide medical services, manufacture medical equipment or medicines, provide health insurance, or otherwise facilitate patient care. This sector is one of the largest and fastest growing in the US. Companies such as Pfizer, UnitedHealth Group, Abbott Laboratories every day develop new drugs and technologies that improve people's lives. Many companies in the sector regularly show impressive growth in profits and stock prices, which makes them popular among active traders. Every day, our mathematical power analyzes all major stocks of companies from this sector and looks for MACD indicator signals that have additional confirmation from our unique price dynamics evaluation system.

The robot's trading results are shown without using a margin. For a full trading statistics and equity chart, click on the "show more" button on the robot page. In the tab “Open Trades”, a user can see live how the AI Robot selects equities, enters, and exits in paper trades. In the tab “Closed trades”, a user can review all previous trades made by the AI Robot.