MACD + 25 SMA daily strategy
Submitted by User on November 14, 2008 - 09:36.
Hi friends,
I use a strategy which is for positional trading and this strategy gives huge profit.
Time frame -Daily
Indicators - Macd(30,45,15)
Simple moving average(25)
Currency pair - Any trending pair.
Buy setup - Buy when Macd (30,45,15) gives buy signal.
Reentries can be made when price retraces to 25 days Sma.
Sell setup - Sell when Macd(30,45,15)gives sell signal.
Reentries can be made when price retraces to 25 days
Sma.
Stop loss - Below /Above previous pivot low/high.
Target - Exit when 25 days Sma starts to drift or use trailing stops to determine safe exit.
You will not get signals every week but whenever you will get it it will give a huge profit.
Regards.
Forex pirate.
Intresting; However, Can you give a screenshoot please ?
Regards;
Manus168
True, and also what do you consider a signal from MACD: a lines cross or a histogram crossing zero line?
Thanks.
Hi Manus168,
Ok. I will post a screenshot soon .
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Q.What do you consider a signal from MACD: a lines cross or a histogram crossing zero line?
Macd line cross is considered as a signal.
Happy Trading,
Regards
ARSALAN.
What Trending Pair you suggest ? GBP/JPY, EUR/JPY, or GBP/USD, EUR/USD. Please let me know. Thank You
Regards;
Manus168
Which one MACD you like & you want to choose, here's the screenshot:
Screenshot. A:
Screenshot. B:
Let us know, Thank You.
Kind Regards;
Manus168
I have a question the 25SMA to be plotted on MACD or separately on the chart??
- Thulfaqar
Hi Manus168,
Q.What Trending Pair you suggest ?
I use this strategy in stock trading so i really do not have any idea on which pair this strategy will work well.
Q.Which one MACD you like & you want to choose?
I like to use the Macd in Screen shot B.
Happy Trading,
Regards,
Arsalan.
Hi Thulfaqar,
Plot Macd separately on chart like in screenshot B. (Thanks to MANUS168 for posting screenshots)
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