Forex MACD Scalping System is a very profitable trend-momentum system. This settings for MACD is awesome. It´s very accurate! And easy to follow the rules..!
As a versatile trading tool that can reveal price momentum, the MACD is also useful in the identification of price trend and direction. The MACD indicator has enough strength to stand alone, but its predictive function is not absolute. Used with another indicator, the MACD can really ramp up the trader’s advantage.
It’s helpful to note that there are a few well-known ways to use the MACD:
- Foremost is the watching for divergences or a crossover of the center line of the histogram; the MACD illustrates buy opportunities above zero and sell opportunities below.
- Another is noting the moving average line crossovers and their relationship to the center line.
Best Time frame : 15 min. This strategy is also good for other time frame 30 min , 60 min, 240 min ). Sessions London and New York. Do not trade before the news. Currency pairs: Majors, Commodities: Gold (15 min time frame or higher).
- Upward Red MACD Mirror line above downward blue line,
- Upward Red MACD Mirror line above yellow line and 0 line,
- Free scalping system indicator with green bar and above 0.25 line (M15 time frame),
- Histogram MACD above 0.001 line (M15 time frame),
- Color MA line green color,
- Signal Trade green.
- Downward Red MACD Mirror line below upward blue line,
- Downward Red MACD Mirror line below yellow line and 0 line,
- Free scalping system indicator with red bar,
- Histogram MACD below zero line,
- Color MA line red color,
- Signal Trade red.
- when color ma change color,
- make profit at the level of the pivot line.
Ratio stop loss 1.2. Profit Target 5 min (7-12) pips, 15 min ( 9 -15) pips. Initial stop loss on the previous high/low swing. This settings for MACD is awesome. It´s very accurate! And easy to follow the rules..!