Awesome and MACD Trading System
Submit by Maximo Trader
Time Frame 4H.
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.
MACD to be above the 0.0 line and Awesome >0;
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.