11# Parabolic and MACD Trading System
Submit by Forexstrategiesresources
Time frame:30-hour, 1-hour, 4hour and daily timeframes.
Pairs:EUR/USD, GBP/USD, USD/CHF, EUR/JPY, USD/JPY.
Indicators:
Indicators: MACD (12, 26, 9), Parabolic SAR default settings (0.02, 0.2).
Long Entry Position:When Parabolic SAR gives buy signal and MACD crosses zero line and is green;
Short Entry Position:When Parabolic SAR gives sell signal and MACD crosses zero line and is red;
Exit: at the next MACD lines crossover;
Take Profit:4H time frame 60 pips EUR/USD, 70 pips GBP/USD , for Daily time frame 200pips EUR/USD , 250 pips GBP/USD (recommended).
In the picture below Parabolic SAR and MACD Trading System in action.
Share your opinion, can help everyone to understand the forex strategy.
din (Tuesday, 13 January 2015 12:16)
No stop loss?
ERKIN (Friday, 25 October 2013 07:53)
Что за 2 линии на МАСД? И как установить вторую линию