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
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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.