Forex MACD Power Trend Following Strategy

Forex MACD Power Trend Following Strategy

Forex MACD Power Trend Following Strategy;

Forex MACD Power Trend Following Strategy

MACD forex trading System is strategy trend following based on the MACD indicator and on the Ema channel

Time frame: any.

Currency pairs: any

We only BUY when the MACD Bars are GREEN.

We only SELL when the MACD Bars are RED.

The best time to start looking for a signal is when the MACD has just crossed the ‘0’ line.

In other words…

It’s best to look for a SELL when the MACD Bars have just gone from green to red.

It’s best to look for a BUY when the MACD Bars have just gone from red to green.

See examples ( below).

Now, remember what I said before,  rules are higher probability (but don’t occur so often).

Rules happen more often but are not as effective (at least until you get some

experience with the system).

So, for this part of the MACD rule, it doesn’t matter if the MACD has just crossed the ‘0’ line; as long as the bars are red for a short (or green for a long) we can be prepared to take a trade.

On the charts there is a 50-EMA channel; this channel is made from the 50-EMA of the HIGHS and the 50-EMA channel of the LOWs.

We only look to BUY when the 15-EMA is ABOVE the 50-EMA Channel.

We only look to SELL when the 15-EMA is BELOW the 50-EMA Channel.

Many times there are good signals when the 15-EMA is just inside the 50-EMA Channel.

Once you have some experience, you will start to recognise when it’s okay to take trades when the 15-EMA is inside the 50-EMA Channel.

Where to place your stoploss will be very obvious when you enter a trade.

You basically place it behind the most recent low (or high) made before the arrow occurred.

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 MACD Power Trend Following Strategy?

  • Download Forex MACD Power Trend Following 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 MACD Power Trend Following 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”.

Download Free Forex MACD Power Trend Following Strategy

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