394# All MACD Indicator: Intraday Trading System

All MACD with Fibonacci Pivot Indicator

 

Submit by FreddyFx 07/11/2013

 

All MACD with Fibonacci Pivot Indicator is an trading system based on two principle: Multi time frame and Fibonacci Pivot. This forex strategy works in intraday. The Entry position is determined by the same direction of three time frames the target profit depends by Fibonacci Pivot.

 

Time Frame 15 min or 30 min

Currency pairs: major.

 

Metatrader indicators:

Candle Day DK,

Pivot daily DK,

Fibo target indicator,

All MACD indicator.

 

Rules for All MACD Indicator: Intraday Trading System

 

Long Entry

When the MACD 15min time frame is in trend up(the bars are above the line of the MACD) and it's confirmed by other time frames 30min and 60 min, entry a long position.

 

 

Short Entry

When the MACD 15min time frame is in trend down(the bars are below the line of the MACD) and it's confirmed by other time frames 30min and 60 min, entry a short position.

 

Exit position

Initial stop loss 25 pips, 1° profit target at the levels of the Fibonacci pivot (recommended +23,6 Fibonacci pivot for buy and -23,6 Fibonaccipivot for sell ).

 

All MACD Indicator: Intraday Trading System is a forex strategy very simple and effective.

All MACD Indicator: Intraday Trading System (Template and indicators metatrader 4)
All MACD Indicator: Intraday Trading System (Template and indicators metatrader 4).
All MACD with Fibonacci Pivot Indicator
All MACD with Fibonacci Retracement indi
compressed file archive 22.9 KB

 

In the pictures below All MACD Indicator: Intraday Trading System in action.

All MACD Indicator: Intraday Trading System
All MACD Indicator: Intraday Trading System
All MACD Indicator: Intraday Trading System
All MACD Indicator: Intraday Trading System

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