97# MACD, Awesome and DSS Bresert Indicator

Momentum Forex Strategy

 

Submit By Maximo Tader 31\05\2013

This is an Forex Strategy based on the trend momentum indicators.

 

Time Frame 30 min or higher;

Currency pairs:any;

 

Indicators:

MACD indicator (12,26,9);

DSS Bressert Modified;

Awesome.

BUY SIGNAL

 

MACD, Awesome and DSS Forex Strategy rules

Enter a long trade when:

1 – The current MACD indicator value is GREATER than the previous MACD value (you can tell by looking at the MACD bars) ;

2 – The current Awesome indicator value is GREATER than the previous Awesome indicator value (you can tell by looking at the Awesome indicator bars);

3 Dss Bressert indicator upward;

Look at the trade example below: You can see that both of MACD indicator,Awesome indicator are in negative values, however they are increasing, and Dss Bressert indicator Cross upward; Simplicity makes this system beautiful;) However you’ll find that this forex strategyworks very well.

 

SELL SIGNAL

Enter a short trade when:

1 – The current MACD indicator value is LESS than the previous MACD indicator value (you can tell by looking at the MACD bars) ;

 

2 – The current Awesome indicator value is LESS than the previous Awesome indicator value (you can tell by looking at the Awesome indicator bars)

3Dss Bressertindicator is downward;

 

Exit Position:

Place Stop loss on the previous swing.

Fixed profit Target depends by time frame and currency pairs.

Example:

EUR/USD H1 25 profit target;

EUR/USD H4 40 profit target;

EUR/USD daily Time Frame 80 profit target.


In the picture MACD, Awesome and DSS forex system in action.

Trading System
MACD ,AWESOme and DSS.rar
compressed file archive 2.0 KB
MACD, Awesome and DSS Bresert Indicator
MACD, Awesome and DSS Bresert Indicator

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