Been playing around with strategies in my own platform for months and figured out pretty efficient swinger strategy. I don't have Chaikin A/D for HTS, but it should be easy enough to make with scripting. (EDIT: When I get the time, I will make these script indicators and share them here!)
This strategy attempts to catch dips and tops for the most profits in any market (doesn't have to be volatile nor sideways only).
The idea is simple: when we are going down with price and we spot that selling power is getting weaker, then we buy, and same thing for buying power when selling.
- EMA & Typical Price cross-over
- Interval: anything you like to use
- Length of EMA: use values between 13 and 33
- Chaikin A/D Line with SMA
- Interval: preferably the same as in EMA above, or shorter intervals
- Length of SMA: 3
Typical Price is below EMA and the direction of Chaikin A/D Line's SMA turns up (prevSMA < currentSMA).
Typical Price is above EMA and the direction of Chaikin A/D Line's SMA turns down (prevSMA > currentSMA).
Have fun trading!
EDIT: LOL, I've been reaaaally tired lately... I've been talking wrong about this strategy; EMA & Typical Price cross-overs aren't reversed, but AS IS! My bad!