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Awesome And MACD Strategy

dzonefx | Published on the wed Aug 02, 2017 2:19 pm | 4017 Views

Instruments: the strategy fits all instruments

Timeframe: H4

Indicators:

  1. Awesome Oscillator;
  2. MACD (5,7,4).

When to open long positions:

The Awesome indicator crosses the 0 level from the top and MACD histogram is in the positive zone.

When to open short positions:

The Awesome indicator crosses the 0 level from the bottom and MACD histogram is in the negative zone.

Exit points should be placed 50-70 points away from the opening level (Take Profit) and 20 points away from the opening level (Stop-loss). 



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