Trend trading strategy 15 min trading with Double MACD
Trend trading strategy 15 min trading with Double MACD is designed to search for market entry at the beginning of the trend movement within a trading day. The strategy is based on the use of two MACD oscillators in combination with the arrow trend indicator.
Input parameters
- Currency pairs: any
- Timeframe: M15
- Trading times: London, New York
- Risk management: after calculating the stop-loss, choose this lot sizeto risk no more than 2-5% of the deposit per transaction
Used indicators
- Pivot points levels
- Scalping arrows
- MACD (5, 8, 1)
- MACD (12, 26, 9)
Setting up the price chart
- Unpack the archive
- Copy the template into the templates folder
- Copy the indicators to the folder MQL4 -> indicators
- Restarting the terminal
- Open the chart of the desired currency pair
- Set the template with the name 15 min trading with Double MACD
The schedule should look like this:
Signals indicating the opening of a long position
- a blue up arrow appeared;
- bar of the MACD indicator in blue.
Signals indicating the opening of a short position
- a red down arrow appeared;
- bar of the MACD indicator is red.
Setting Stop Loss and Take Profit Orders
- stop loss is set above/below the previous local maximum/minimum;
- Take Profit is set near one of the pivot levels. It is also recommended to close the position when the arrow appears in the opposite direction.
Trend trading strategy 15 min trading with Double MACDThe Fortrader experts believe that, with some adaptation, it can also be used on higher timeframes.
Before using a strategy on a real deposit, be sure to test it on a demo account.
Download template and indicators of the strategy 15 min trading with Double MACD
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