Forex Stock Exchange Forum
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Forex Stock Exchange Forum

Forum About Trading on Forex,Stock,Binary Options, and CryptoCurrency


Yukimura trading robot
advertisement

Cyborg Pro
advertisement

Cyborg Pro
advertisement

You are not connected. Please login or register

Forex Stock Exchange Forum » Forex and Stock Trading English Forum » Forex School » BB, MACD, MA indicator trading strategy

BB, MACD, MA indicator trading strategy

Go down  Message [Page 1 of 1]

1attention BB, MACD, MA indicator trading strategy Fri Aug 21, 2015 6:36 pm

H.W.FX



BB, MACD, MA indicator trading strategy
Recommended timeframes M15

The strategy described below is quite a simple strategy based on indicators. Three simple indicators installed in all standard MT4 terminals underlie this strategy. It is applicable to all major currency pairs, such as EUR/USD, GBP/USD, AUD/USD, CAD/USD, NZD/USD, and USD/JPY. The time-frame used: M15.

Underlying indicators:

   Bollinger bands (Period 20, Shift 0, Deviation 2)
   Smoothed moving average (Period 2, Shift 0)
   MACD indicator (Fast EMA 11, Slow EMA 27, MACD SMA 4)

Conditions for opening Buy trades:
[You must be registered and logged in to see this image.]


   The moving average (displayed in orange in the pictures) crosses from below the middle line of Bollinger Bands (displayed in green).
   The MACD histogram is below the line.

Conditions for opening Sell trades:
[You must be registered and logged in to see this image.]

   The moving average (displayed in orange in the pictures) crosses from above the middle line of Bollinger Bands (displayed in green).
   The MACD histogram is above the line.

Conditions for closing trades:

   Stop Loss at the distance of 12-16 points (depends on the type of pair)
   Take Profit near pivot points, normally at the distance of 10-15 points from the

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum