335# MACD Reversal Scalping System
4MACD Scalping System
Submit by Adri 13/05/2013
This Scalping reversal system is based on the 4MACD indicator.
I write the setting for this currency pairs: USD/CHF, GBP/USD, EUR/USD, AUD/USD.
Time Frame 15 min.
Forex Indicator:
1° MACD indicator (17,7,5);
2° MACD indicator (5 ,13,5);
3° MACD indicator (17,14,5);
4° MACD indicator (12,18,4);
Arrow indicator (CCI arrow indicator, 21) ;
Bollinger bands indicator (22, 2).
Draw in the MACD indicator, two horizzontal line.
Buy
When the histogram MACD green bars breaks downward the horizzontal green line, entry at the first buy arrow.
Sell
When the histogram MACD red bars breaks upward the horizzontal red line, entry at the first sell arrow.
Exit Position
At opposite arrow or at the middle band of the bollinger bands indicator.
Stop loss
Place Stop loss on the previous swing.
Horizontal line levels on 4MACD indicator
USD/CHF (0.00060; -0.00060);
GBP/USD EUR/USD AUD/USD (0.00080- (0.00080).
MACD Reversal Scapling System
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