Navigation


 Publications


 Go back to the forum

Forex Stock Exchange Forum   

Parabolic SAR Plus MACD Strategy

dzonefx | Published wed Aug 02, 2017 2:05 pm | 3216 Views

Instruments: EURUSD and GBPUSD.

Timeframes: H4 and D1.

Indicators: MACD (12.26.9) and Parabolic SAR (0.02, 0.2)

Conditions required for opening a buy transaction:

The indicator Parabolic SAR gives a buy signal; MACD histogram is in the positive zone.

Conditions required for opening a sell transaction:

The indicator Parabolic SAR gives a sell signal; MACD histogram is in the negative zone.

Take Profit:

H4 – 60 points for the pair EURUSD and 70 points for the pair GBPUSD.

D1 – 200 points for the pair EURUSD and 250 points for the pair GBPUSD.

Exit:

At the next reversal of the signal line of MACD indicator. 

About the author