abuadam1791
Member
Time frame - Daily.
Indicators - Macd (3,9,16)
ADX(16) with + DI and - DI lines
Buy setup - macd should give buy signal.
+di should be above -di. if +di is below -di and macd gives buy signal then ignore it at that time and wait for + di to go above - di to make a long entry.
Sell setup - macd should give sell signal.
- di should be above +di .if -di is below +di and macd gives sell signal then ignore it at that time and wait for -di to go above +di to make a short entry.
Exit - use trailing stops to exit because it will allow you to capture maximum profit.
Share your opinion, can help everyone to understand the forex strategy.
Indicators - Macd (3,9,16)
ADX(16) with + DI and - DI lines
Buy setup - macd should give buy signal.
+di should be above -di. if +di is below -di and macd gives buy signal then ignore it at that time and wait for + di to go above - di to make a long entry.
Sell setup - macd should give sell signal.
- di should be above +di .if -di is below +di and macd gives sell signal then ignore it at that time and wait for -di to go above +di to make a short entry.
Exit - use trailing stops to exit because it will allow you to capture maximum profit.
Share your opinion, can help everyone to understand the forex strategy.