Clean and simple MACD forex strategy

Forex strategy utilizing fantastic forex indicator MACD and simple entry with amazing RRR reward ratio. This strategy is conservative and works best in the trending conditions. Therefore, SMA with extremely high calculation period is used, to remain on the right side of the market

 

Used forex indicators

MACD (moving average convergence divergence) default settings

SMA (smoothed moving average) 300

 

Forex strategy rules

Plot both indicators in 15 min chart of any currency pair

 

For the best results, trade with professional ECN/STP broker with MT4. If you can't trade with profit. Automatically copy the traders that are already profitable.

 

Buy

 

Price trending above SMA 300

MACD histogram closing below zero. Red MACD line (period 9) closes below the histogram. We enter the trade long on bar close. Stop loss is placed below the low reached while MACD moved in negative values.

Take profit: Positive MACD histogram. Red MACD line closes above histogram bar.

 

Sell

 

Price trending below SMA 300

MACD histogram closing above zero. Red MACD line (period 9) closes above the histogram. We enter the trade short on bar close. Stop loss is placed above the high reached while MACD moved in positive values.

Take profit: Positive MACD histogram. Red MACD line closes above histogram bar.

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ABOUT US

THEFOREXKINGS

“Trading FOREX since 2006. Full time trader and web developer since 2013. My two biggest hobbies are trading and web development. In TheForexKings I managed to connect both of them. Even after 12 years of trading I still have the same passion for the market as at the beginning. The aspect I enjoy the most : development and testing of new ideas.” 

 

Only in 2016 - 2017 we have created more than 400 forex strategies. During this period we have also developed and published +200 MT4 Expert advisors based on those strategies. We are dedicated to provide you with viable and complete trading systems that have thrived in extensive historical testing. We want to give you complete and transparent trading solutions, that once mastered ,will set you financially free. We want to give you a fighting and winning chance in the market. ” 

—  Marian, Proprietor of TheForexkings.com