Trending trading strategy FX Levels with MACD
Trending trading strategy FX Levels with MACD - is a system based on finding pivot points trendwhich are the entries to the position. The rules of the strategy are simple enough to learn and will not cause difficulties even for novice traders.
Input parameters
- Currency pairs: any
- Timeframe: H1 (recommended) and older
- Bidding time: any
- Risk management: after calculating the stop-loss, choose this lot sizeto risk no more than 2-5% of the deposit per transaction
Used indicators
- Sweet spoot levels
- MACD 2line (12, 26, 9)
- Fibo trend (ratio period 8, 13, 21, MACD 12, 22, 9)
- Half Trend (4)
- x supertrend candles
- Ultimate arrow zig zag (60, 5, 3)
- 3 Level zz semafor
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 a template named FX Levels with MACD
The schedule should look like this:
Signals indicating the opening of a long position
- a yellow square with an up arrow appears;
- a white arrow upwards appeared
- MACD Histogram bar is green;
- Fibo trend histogram bar in blue.
Signals indicating the opening of a short position
- a yellow square with a down arrow appears;
- a purple down arrow appeared
- MACD Histogram Bar in red;
- Fibo trend histogram bar in 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 horizontal levels.
Trending trading strategy FX Levels with MACDThe FX Levels MACD strategy, despite its apparent simplicity, is a fairly efficient and profitable system, which can arouse the interest of even experienced traders. Before using the FX Levels with MACD strategy on a real deposit, be sure to test it on demo account.
Download FX Levels with MACD Strategy Template and Indicators
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