- For trade I recommend to select Dealing center with Metatrader 4 terminal.
And so we need to trade on the chart to place the following forex indicators:
2. Exponential Moving Average EMA (62), close.
3. forex indicator MACD-combo (12,26,9).
All entries into the market are carried out only in the range from 06:00 GMT until 16:00 GMT.
Opening of the transaction to buy:
The main line of the indicator MACD-combo should be above the signal line at least 2 h. The level of the opening of the candle must be above the moving average EMA (62).
Opening of the transaction for sale:
The main line MACD-combo indicator must be below the signal line at least 2 h. The level of the opening of the candles must be below the moving average EMA (62).
Additional conditions to the "Forex Strategy on MACD, bringing profit":
The body of the candle should not have tails in the opposite direction, to make transactions (see example below - blue highlighted area)!
If formed divergence on the chart - the transaction is not concluded!
A safety stop-loss order - 50 pips for all positions.
Upon reaching profit +25 - 30 points - would recommend to rearrange stop-loss to breakeven, and further it is possible to use a trailing stop at a distance of 25-30 points.
Closing trading positions - after a reverse crossing indicator MACD-combo or the stop-loss.
Rules for trading on Friday:
1. On Friday, do not take a position later than 15:00 GMT.
2. All open positions of trading on Friday, as of 19:00 GMT recommended to close, so as not to get into a possible gap at the opening of markets on Monday (especially if the market is very volatile).
Monday, October 19, 2015
Forex Strategy on MACD, profitable
Forex Strategy on MACD, bringing profit - may not be the best trading system, but one of the simplest, it is used in the time intervals of the currency pair EURUSD.
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