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.



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

Comments: 2
  • #2

    Forextradingstrategiesresources (Friday, 18 October 2013 15:46)

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

  • #1

    azhar (Thursday, 17 October 2013 08:59)

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

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MACD Forex Strategies

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