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Complex trading system #3 (MACD Divergence)



Submitted by Edward Revy on April 19, 2007 - 16:55.

Currency: EUR/USD (preferred) or any other.
Time frame: 30 min.
Indicators: MACD (5, 26, 1) – draw 0 line,
Full Stochastic (14, 3, 3)
EMA 3
SMA 13

Trading rules: watch for divergence between the price on the chart and MACD or between price on the chart and Stochastic.


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Submitted by User on April 13, 2010 - 13:48.

Thank you Mr.Edward

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Submitted by User on January 19, 2011 - 14:37.

edward in this strategy do you wait for the candle to close or imediatly as we see the crossover we enter?

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Submitted by Edward Revy on February 11, 2011 - 17:09.

A candle should close, then we enter.

Best regards,
Edward

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Submitted by Fanda on February 19, 2011 - 13:40.

Hello Edward, I did a "back test" and I have to say, your system is great. Thank you.
Fanda

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Submitted by Charles on February 22, 2011 - 22:18.

Are the settings the same for the MACD,stoch. & emas on the daily TF?
Thanks,
Charles

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Submitted by User on March 13, 2011 - 02:33.

I use MACD (12, 26, 1) for 4h and daily. Stoch 14 and Moving averages - up to you, depends what pair you trade. Even if you adjust Moving averages here and there a few points, it won't be bad.

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Submitted by User on April 8, 2011 - 03:36.

thankyou so much for making this website.i got the idea of divergence but i dont know about entering the position after divergence...is it in the same side or in reverse.how will we determine that

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Submitted by User on April 16, 2011 - 03:36.

Divergence suggests trend reversal, thus you should be looking to enter a counter-trend position: in an uptrend - look to Sell, in a downtrend - look to Buy.


  
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