87# Stochastic and Macd, Trading System

Trend Momentum Forex Strategy

Submit by Joy22 16/03/2009

 

Time Frame H1 or hgher,

Currency pairs:any.

 

Stochastic and MACD Trading System Metatrader Indicators:

Stocastic ( 8, 5,3, High , Low) ( levels 20-80)

MACD (8,17,9,);

Indicator 1 (line green and red );

Indicator 2.

 

 

 

Buy

The Stochastic touches or is in oversold area and cross upward;

MACD Histogram >red line;

These conditions are verified if the price is below of the red line of the indicator 1;

 

Sell

The Stochastic touches or is in overbought area and cross downward;

MACD Histogram <red line;

These conditions are verified if the price is above of the green line of the indicator 1.

Exit Position is discretionary.

I recommended

H1 Profit Target 12-16 pips dedendes by Currency pairs;

H4 Profit Target 18-25 pips depends by Currency pairs;

Make the profit or when price touches the middle line or if is in buy when the price touches the red line, or if is in sell when the price touches the red line.

 

Happy Trading and Good Look!!!


 

In the pictures below Stochastic and Macd, Trading System in action.

Stochastic and MACD Trading System Indicator and Template

Stochastic and MACD Trading System Indicator and Template
Stochastic and MACD Trading System Indicator and Template
Stochastic and MACD Trading System Indic
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Stochastic and MACD Trading System
Stochastic and MACD Trading System
Stochastic and MACD Trading System
Stochastic and MACD Trading System

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Stochastic Trading System

MACD Forex Strategies

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