19# MACD with ADX Trading System

Trading MACD


Time frame - Daily.

Indicators - Macd (3,9,16)
ADX(16) with + DI and - DI lines

Buy setup - macd should give buy signal.
+di should be above -di. if +di is below -di and macd gives buy signal then ignore it at that time and wait for + di to go above - di to make a long entry.

Sell setup - macd should give sell signal.
- di should be above +di .if -di is below +di and macd gives sell signal then ignore it at that time and wait for -di to go above +di to make a short entry.

Exit - use trailing stops to exit because it will allow you to capture maximum profit.

 

Trading System Templete MT4 macd and adx.
Templete MT4 macd and adx.rar
compressed file archive 833 Bytes

 

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Comments: 2
  • #1

    azhar (Thursday, 17 October 2013 08:59)

    can u give suggest what number for trailing stops.... 60???

  • #2

    Forextradingstrategiesresources (Friday, 18 October 2013 15:46)

    daily time frame 40-70 pips, depends by currency pair.
    Thanks
    admin

MACD Forex Strategies

ADX Forex Strategies