Awesome and MACD Trading System
Submit by Maximo Trader
Time Frame 4H.
Currency Pairs:all.
Indicators
Awesome
MACD (5,7,4)
Rules
If Awesome is above the 0.0 line then I only take buy trades.
If the indicator is below the 0.0 line then I only take sell trades.
The MACD indicator tells use WHEN to enter.
Long Entry
MACD to be above the 0.0 line and Awesome >0;
Short Entry
MACD to be belowe the 0.0 line and Awesome <0.
Profit Targetratio 1:1.3
Stop Loss:place the stoploss below the low (or high) of the entry candle.
In the pictures below Awesome and MACD Trading System in action.
Share your opinion, can help everyone to understand the forex strategy.
Write a comment