54# Dema MACD Zones Trading
ATR Stop and Reverse Trading
Renko chart trading with ATR Stop and Reverse and Dema MACD Zones
Submit by Loris
Dema MACD Zones Trading is a strategy created for renko chart based on a visual indicator the Dema MACD into the chart and ATR stop and reverse, this trading system is trend following. The Dema MACD Zones is the filter of the ATR Stop and Reverse. For entry in the market the two indicators are to be agree.
Time frame 5 box size or higher.
Currency pairs: EUR/USD, GBP/USD, AUD/USD, USD/CHF, USD/JPY, AUD/JPY, NZD/AUSD, EUR/GBP, EUR/AUD, USD/CAD, GBP/JPY.
Metatraders Indicators:
Renko live chart indicator,
Dema MACD Zones Trading (12, 26, 9).
ATR Stop and reverse (40, 9, 3.0).
Heiken ashi V.3.
Trading rules Dema MACD Zones Trading
Buy
Dema MACD Zones Trading green zone.
ATR Stop and reverse buy arrow.
Heiken ashi V.3 blue.
Stop loss 5 box size 12 pips, (the box size more 2 pips).
Profit Target ratio 1.1 stop loss or to following the position with Atr stop.
Sell
Dema MACD Zones Trading red zone.
ATR Stop and reverse sell arrow.
Heiken ashi V.3 red.
Stop loss 5 box size 12 pips, (the box size more 2 pips).
Profit Target ratio 1.1 stop loss or to following the position with Atr stop.
In the pictures below Dema MACD Zones Trading in action.
Share your opinion, can help everyone to understand the forex strategy.
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