Forex Parabolic SAR MACD MA Strategy
Forex Parabolic SAR MACD MA Strategy:
Time Frame : 1 hour
Pairs:all
Indicators
Moving Averages : 35 SMA ; 6 EMA open ; 5 EMA close.
PSAR : Step 0.018 Max 0.08.
MACD : Default.
CCI 21 : Apply to Typical Price HLC/3, Levels +90 & -90.
Enty Long
6 EMA and 5 EMA should be above 35 SMA.
PSAR should be below.
MACD indicator above 0.
CCI above +90.
Stop Loss: 35 pips
Trail stop 15pips
Profit Target:60-100 pips
Short Entry:
6 EMA and 5 EMA should be below 35 SMA.
PSAR should be above.
MACD indicator below 0.
CCI above +90.
Stop Loss: 28-45 pips.
Trail stop 15-20pips.
Profit Target:60-100 pips.
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 Parabolic SAR MACD MA Strategy?
- Download Forex Parabolic SAR MACD MA 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 Parabolic SAR MACD MA 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”.