478# MACD Color Indicator Forex Trading System
MACD with Momentum Indicator
Submit by Buddy 10/08/2013
This is the setting for 15 min time frame EUR/USD.
The Style of this strategy is Countertrend and trend following.
This Tradign system works also with other Time Frames but you have to change the setting of the momentum indicator that is crucial.
MACD color with alerts(12,26,9);
Momentum indicator with two levels (0.001 and -0.001)(flat zone).
MACD color alerts: green arrow;
Momentum indicator is below -0.001.
MACD color alerts: red arrow;
Momentum indicator is above 0.001.
Fast profit target 8-12 pips or at the opposite arrow.
Stop loss at the previous swing.
In the pictures below MACD Color Indicator Forex Trading System in action.
MACD color indicator Forex Trading System: Template and indicators.
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