Hello!
I'm a noob here. I've been buying and selling two inversely traded ETFs based on the MACD of the SPY on a 4 hour chart.
A negative MACD indicator for the SPY tells me to buy the bear ETF and sell the bull ETF, a positive MACD indicator for the SPY tells me to buy the bull ETF and sell the bear ETF.
I've been attempting to represent that in a model.
Can anyone take a look at the model I've put together and give me any suggestions?
I'm also happy to work with someone to create this model. I've been pretty successful day-trading this model but would like to automate it.
Thanks!