I use a similar trading strategy using MACD and RSI. I also added the indicator called “Know Sure Thing” (KST) and it is a confirming indicator used with MACD. Recent trades that did well in today’s market despite the large drop across indices include: DVN,F, HAS, REPX, and STAA. Also consider using Bollinger Bands, particularly monitoring the upper channel for price action, the median line for change in direction, and the lower channel for exit strategies.
I use a similar trading strategy using MACD and RSI. I also added the indicator called “Know Sure Thing” (KST) and it is a confirming indicator used with MACD. Recent trades that did well in today’s market despite the large drop across indices include: DVN,F, HAS, REPX, and STAA. Also consider using Bollinger Bands, particularly monitoring the upper channel for price action, the median line for change in direction, and the lower channel for exit strategies.