Simple 1H Strategy (7 EMA + MACD) – Seeking Honest Backtest/Real Experience
I’ve been working on a simple 1-hour timeframe strategy for options and would love genuine feedback from experienced traders
.Strategy Rules:Timeframe: 1 Hour
Entry (Long only):A green candle crosses and closes above the 7-period EMA.
Then a red candle appears within the next 4-5 candles (pullback).
Enter when a green candle closes above the high of that red candle.
Momentum Filter: MACD line must stay above the signal line throughout the setup.
Exit: Close the trade when any candle closes below the 7 EMA.
No fixed target — pure trend following with EMA as dynamic exit.
My Questions:
Has anyone tried a similar EMA pullback + MACD filter approach?
How did it perform in real market conditions (especially in ranging/choppy days)?
What are the major weaknesses you see in this logic?
Any suggestions to improve win rate or risk-reward (stop loss ideas, filters to avoid whipsaws, etc.)?
Is this basically trend-following or just catching small momentum moves?
I’m not here to promote anything — just a retail trader trying to move from random “bets” to something structured. Would really appreciate backtested results, live experiences, or brutal criticism.
Thanks in advance!