5# MACD Divergence Trading System

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The divergence between MACD line and the currency pair rate is the basic signal in this strategy.

Any currency pair and timeframe should work.

Indicators: MACD (12, 26, 9).


Long Entry Position:

when the price shows a bearish trend and MACD indicator shows a bullish trend.

Short Entry Position:

when the price shows a bullish trend and MACD indicator shows a bearish trend.



Exit Position:

Set stop-loss to the nearby support level, when going Long, or to the nearby resistance level, when going Short.

Set take-profit to the next resistance level for Long positions, or to the next support level for Short positions.

Forex Indicator
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