45# Pin Bar with Two MACD Trading System
Trend Momentum filters Pin Bar
Submit by AlienFx 06/2017
Pin Bar with Two MACD Trading System is based on the particular template MT4.
Time Frame 1 min or higher.
Currency pairs: any.
Trading Session:any.
Pin Bar with Two MACD Trading System is suitable for trading with Binary Options High/Low expiry time two - three candles.
Metarader Indicators:
MACD (12,26,1) blue histogram.
MACD ( 5, 15, 1) yellow histogram.
Pin Bar this indicator has also the levels of target.
Trading Rules Pin Bar with Two MACD
Trading in the direction of the trend momentum.
MACD ( 5, 15, 1), yellow above MACD (12,26,1) blue, >0 the trend is up.
MACD ( 5, 15, 1), yellow below MACD (12,26,1) blue, the trend is down.
Buy condition (Call)
Pin bar pattern with MACD ( 5, 15, 1) > MACD (12,26,1) >0
Place an Buy pending order at the level of the open of the Pin Bar.
Stop loss two option: first below the low of pin Bar, second at half of Pin Bar.
Profit Target at the levels of target depends by your risk.
Sell condition (Put)
Pin bar pattern with MACD ( 5, 15, 1) < MACD (12,26,1) and Histogram MACD ( 5, 15, 1)<0.
Place an Sell pending order at the level of the open of the Pin Bar.
Stop loss two option: first above the high of pin Bar, second at half of Pin Bar.
Profit Target at the levels of target depends by your risk.
When do not Enter Buy
Histogram MACD ( 5, 15, 1) > Histogram MACD ( 5, 15, 1) but below zero
Pin Bar with Two MACD Trading System is a Winnig strategy also with Binary option high/low.
See examples in pictures.
Share your opinion, can help everyone to understand the forex strategy.
Update 08/06/2017
Write a comment