28# MACD Trend Trading System
Time frame:30 and 60 minutes.
Period MA - 85,
Method MA - Linear Weighted, apply to Low, MA color - choose the red.
Moving Average 2: Period MA - 75, Method MA - Linear Weighted, apply to Low, MA color - choose the red.
Moving Average 3: Frequency MA - 5, Method MA - Exponential, apply to the Close, the color of the MA - choose yellow.
And also set the MACD indicator with the following parameters: Fast EMA 15, Slow EMA26, MACD SMA 1.
How to trade :
Open the transaction as soon as the moving yellow 2 red crosses MA from the top
down and still receive a confirmation of the indicator MACD (a bar closed below the zero level).
Deal for a purchase:
Open the transaction as soon as the moving yellow 2 red crosses MA from the bottom up and thus receive a confirmation of the indicator MACD (one bar closed above the zero level)
Stop-loss set a maximum of - 14 pips, closing deals on stop-loss happens very rarely.
Closing the deal on take-profit - according to type of the chosen currency pair - see table at the beginning of forex strategy.
GBPUSD - M30 - 20 points H1 28
AUDUSD - M30 - 10 points H1 15
EURUSD - M30 - 15 points H1 20
In the picture below MACD Trend Trading System in action.
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MACD Forex Strategies