MACD and moving average FOREX strategy

This strategy employs critical crossing of significant average price. In this case 21 candle period smoothed moving average. Entry is proved to be effective especially in trending markets. This is ensured by using MACD with relatively high period.

 

 

Used forex indicators

MACD (moving average convergence divergence) 48,102,9

SMA (smoothed moving average) 21

 

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.

 

Forex strategy rules

We trade only major currency pair in 15 timeframe.

 

SELL:

 

MACD histogram closing below zero. Downtrend.

At least five price candles closed above SMA 21. We wait for first bearish candle to close below SMA. We enter immediately on candle close.

Stop loss is placed one pip above the highest high of candles above the SMA.

Take profit: 3X distance between the entry and stop loss. Once the profit reaches distance that equals the distance between stop loss and entry. We move stop loss to breakeven.

 

BUY:

 

MACD histogram closing above zero. Uptrend.

At least five price candles closed below SMA 21. We wait for first bullish candle to close above SMA. We enter immediately on candle close.

Stop loss is placed one pip below the lowest low of candles below the SMA.

Take profit: 3X distance between the entry and stop loss. Once the profit reaches distance that equals the distance between stop loss and entry. We move stop loss to breakeven.

Please reload

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