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#9 MACD filter RSI

Currency: EUR/USD, USD/CHF
Time frame: 1 HOUR
Indicators: MACD(12,26,9) RSI (7) MACD DOT (12,26,9)

Download: MACD_Dot.mq4

BUY SİGNAL: After RSI touched oversold area(20) wait for the first Blue MACD dot appear, close the candle then buy.

SELL SİGNAL: After RSI touched overbought area (80) wait for the first Red MACD dot appear. close the candle then sell.

Stop Loss: I put 50
Take Profit: 35

you can see the details at the attachment..

MACD Filter RSI trading system



http://forex-strategies-revealed.com/

It always amazes me how many simple systems there are to trade!

Best wishes,

Ken

Thanks for the Dot.mp4. I use a similar system on 5 min eur.usd. MACD settings 8,17,9. Now I can have dots to.

Nice system man. I appreciate your effort. I like the way your MACD looks, can you tell me where can a get it?.

Thanks.

Not sure how to download the macd dot indicator

Right click on the link,
Save target as... for Explorer
or Save link as... for FireFox

Thomas

I used to have that MACD too, just can't find at the moment.
I've found a similar MultiTimeFrame MACD:

MTF MACD

All MACD v1[1].0.mq4

In settings change parameters for: Time Frames and barsPerTimeFrame to get a required result.

Regards,
Edward

Thanks a lot for the indicator, looks very usefull.

Nice trading to all,

MIke.

Thank for the comments.I love colored Macd.You can download it now.

ufuk kirim