24# MACD Pullback Trading System

MACD Trading Method

Pairs:all

Time Frame: 4H and daily

Indicators:

50 EMA (exponential moving average).

Long and Short Setups

a) A long setup is in place when the MACD line crosses below the Signal line for the first time since the Signal line crossed above zero if the high of the corresponding price bar is greater than the EMA.

b) A short setup is in place when the MACD line crosses above the Signal line for the first time since the Signal line crossed below zero if the low of the corresponding price bar is less than the EMA.

Long and Short Entries

a) Enter a long position at the high of the setup bar.

b) Enter a short position at the low of the setup bar.

Long and Short Stops

a) Exit a long position at the closest of the following stops: the initial protective stop, the breakeven stop, the trailing stop, the target profit stop.

b) Exit a short position at the closest of the following stops: the initial protective stop, the breakeven stop, the trailing stop, , the target profit stop.

In the pictures below MACD Pullback Trading System in action.

Share your opinion, can help everyone to understand the forex strategy.

Comments: 2

#2
Bernardo Carvalho (Tuesday, 20 July 2021 15:14)

Good
#1
Ntn (Monday, 30 March 2015 22:00)

Can you share more examples. This makes sense.