97# MACD, Awesome and DSS Bresert Indicator

Submit By Maximo Tader 31\05\2013

This is an Forex Strategy based on the trend momentum indicators.

Time Frame 30 min or higher;

Currency pairs:any;

Indicators:

MACD indicator (12,26,9);

DSS Bressert Modified;

Awesome.

BUY SIGNAL

MACD, Awesome and DSS Forex Strategy rules

Enter a long trade when:

1 – The current MACD indicator value is GREATER than the previous MACD value (you can tell by looking at the MACD bars) ;

2 – The current Awesome indicator value is GREATER than the previous Awesome indicator value (you can tell by looking at the Awesome indicator bars);

3 Dss Bressert indicator upward;

Look at the trade example below: You can see that both of MACD indicator,Awesome indicator are in negative values, however they are increasing, and Dss Bressert indicator Cross upward; Simplicity makes this system beautiful;) However you’ll find that this forex strategyworks very well.

SELL SIGNAL

Enter a short trade when:

1 – The current MACD indicator value is LESS than the previous MACD indicator value (you can tell by looking at the MACD bars) ;

2 – The current Awesome indicator value is LESS than the previous Awesome indicator value (you can tell by looking at the Awesome indicator bars)

3Dss Bressertindicator is downward;

Exit Position:

Place Stop loss on the previous swing.

Fixed profit Target depends by time frame and currency pairs.

Example:

EUR/USD H1 25 profit target;

EUR/USD H4 40 profit target;

EUR/USD daily Time Frame 80 profit target.

In the picture MACD, Awesome and DSS forex system in action.

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