Sunday, April 22, 2012

forex trading strategy#1 (macd strategy)

This forex system is one of my best strategies i have ever seen ,the powerful of it is kept in easiness of understanding the chart .

the core idea is kept in  the divergence methods , i add to it price action and some classical tools like S&r ,trend, fibonacci , and you can add any tool you need ,as we know that in forex there is no static way in earning money ,so you need to be flexible.


Time frame : 4H ,daily ,weekly


Pairs: Any 


Trading Rules:


to BUY

- divergence in macd (12,26,9)

- divergence in  the price 


-any price action confirm buying (ie. any reversal candles or engulfing candle)


-any classical tools(s&r , fibo, patterns)






to Sell

- divergence in macd (12,26,9)

- divergence  in price

- any price action confirm selling (ie. any reversal candles or engulfing candle)

- any classical tools(s&r , fibo, patterns)






 Target & Stop lose:


- for Buy:-

- target 50-100

stop lose below nearnst low 

for Sell:-

- target 50-100

- stop lose above nearnst high 




try it for a time and make visual backtest for it ,also be flexible to add or remove tools that help you in your trade .

hope you enjoy it ,and good luck in your forex trading !!!




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