Forex Custom MACD Swing Trading Strategy
Forex Custom MACD Swing Trading Strategy:
This is the setting for 15 min time frame EUR/USD.
The Style of this strategy is Countertrend and trend following.
This Tradign system works also with other Time Frames but you have to change the setting of the momentum indicator that is crucial.
MACD Color Trading
Metatrader indicators:
MACD color with alerts(12,26,9);
Momentum indicator with two levels (0.001 and -0.001)(flat zone).
Buy
MACD color alerts: green arrow;
Momentum indicator is below -0.001.
Sell
MACD color alerts: red arrow;
Momentum indicator is above 0.001.
Exit Position
Fast profit target 8-12 pips or at the opposite arrow.
Stop loss at the previous swing.
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex Custom MACD Swing Trading Strategy?
- Download Forex Custom MACD Swing Trading Strategy.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex Custom MACD Swing Trading Strategy?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.
