11# Parabolic and MACD Trading System

Submit by Forexstrategiesresources

 

Time frame:30-hour, 1-hour, 4hour and daily timeframes.

Pairs:EUR/USD, GBP/USD, USD/CHF, EUR/JPY, USD/JPY.

 

Indicators:

Indicators: MACD (12, 26, 9)Parabolic SAR default settings (0.02, 0.2).

 

Long Entry Position:When Parabolic SAR gives buy signal and MACD crosses zero line and is green;

Short Entry Position:When Parabolic SAR gives sell signal and MACD crosses zero line and is red;

 

Exit: at the next MACD lines crossover;

Take Profit:4H time frame 60 pips EUR/USD, 70 pips GBP/USD , for Daily time frame 200pips EUR/USD , 250 pips GBP/USD (recommended).


 

In the picture below Parabolic SAR and MACD Trading System in action.

 

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