388# ATR with MACD Scalping System

ATR Breakout Strategy

 

Submit by FreddyFx 18/10/2013

 

This Trading System (is an ATR breakout strategy) predicts where there is going to be a breakout in pips by using two main indicators ATR Ratio indicator and MACD indicator.

 

Time Frame H1 or higher.

Currency pair: EUR/CHF, EUR/GBP, EUR/USD, USD/CHF,

 

Forex Indicator

1. Set your MACD indicator to 5, 15, 1.

2. Set your ATR Ratio indicator (7, 21, level 1)>1

 

 

This system is great because it’s able to get you in before the breakout happens and is great at predicting when the pip gaining is over.

 

Rules for ATR and MACD Scalping system

Long Entry

MACD Indicator >0

ATR Ratio Indicator >1.0

 

Short Entry

MACD Indicator <0

ATR Ratio Indicator >1.0

 

Exit position options:

Exit your trade exactly when the MACD changes direction and ATR both turn and go

below <1.

Fast Profit Target 7-15 pips.

Place initial stop loss

 

This trading system is also good for trading with Binary options High Low (see).

MACD with ATR Scalping System

MACD with ATR Scalping System
MACD with ATR Scalping System
ATR Breakout Strategy
ATR with MACD scalping system.rar
compressed file archive 4.9 KB

In the picture below MACD with ATR Scalping System in action.

Write a comment

Comments: 2
  • #1

    jerome (Friday, 18 October 2013 21:18)

    well... the sample screenshot is too small.
    then, can you explain more in depth the strategy?
    did you open when the ATR cross the 1 line? or does the ATR should already be greater than 1 and then the MACD turns from >0 to <0?
    do we wait for the candle to close?
    I can see a lot of bad signals with this strategy, so some details are missing. but appear to be a good strategy.

  • #2

    Forextradingstrategiesresources (Friday, 18 October 2013 23:35)

    Buy
    the ATR should be greater than 1 and then the MACD turns from <0 to >0
    Sell
    the ATR should be greater than 1 and then the MACD turns from >0 to <0
    Exit, fast profit target. Look here, there is another version (Binary Options Strategy n°26).
    Thanks
    admin