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

This AI Robot is for traders who prefer to open long only positions and trade stocks of companies from the industrial 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 industrial sector includes stocks of companies that primarily produce capital goods used in manufacturing, resource extraction and transportation. Businesses in this sector produce and sell machinery, equipment, and supplies that are used to produce other goods, rather than being sold directly to consumers. Stocks of companies such as Honeywell International, Exxon Mobile, General Electric have been traded on the US stock market for decades and are popular with traders due to their reliability and good dividend yield. 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.