Hi there,
I am attempting to get my code to purchase a 100% holding in SPY if the MACD is greater than the Signal and if RSI>30,
When experimenting, I found if I remove either the RSI or MACD portion, leaving only 1 indicator to activate the algortihim, the code works.
The problem is related to having mulitple "and" in the last 10 lines or so I think, where the buy and sell logic is coded.
Any ideas to make this work with both RSI and MACD requirements being met?
I plan to utilize more indicators in the future, not sure which ones yet though.
Yuxin Guan
Hello Rehan,
It is OK to use 2 or more indicators together, but combining certain indicators will make the condition difficult to fulfill. In this case, both MACD and RSI are momentum indicators, but combing them together will not necessarily confirm the beginning and the end of a trend.
Best,
Yuxin Guan
Rehan
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