552# Forex Glaz with Gold MACD
Price action trading
Submit by Maya 04/11/2016
Forex Glaz is a price action trading system very interesting. It'is based on Forex Glaz a complex indicator formed by zig zag, pivot and support and resistance indicators. Gold and golden macd are optional filter. This is a trend-reversal system.
Time frame 1 min, 5min, 15min, 30 min, 60 min.
Financial market:any.
Metatrader indicators for this template:
Forex Glaz setting:
Big Eye alert turnpoint: true;
Big Eye display: true;
Hilo dots: true;
Signal alert true;
Eyes line:true;
Display zone box: true;
TFS trend indicator = true;
Golden MACD(12, 26, 9);
GoldMACD(12, 26, 9).
Buy
When Forex Glax Big eye appears below the bars, wait the blue dot and place a buy order 2 pips above this.
Golden MACD with histogram above the green line.
Gold MACD with green line above red line.
Sell
When Forex Glax Big eye appears above the bar , wait the blue dot and place a buy order 2 pips above this.
Golden MACD with histogram below the green line.
Gold MACD with green line below red line.
Exit positions three options:
when gold MACD changes direction,
whit profit target predetermined,
at the pivot levels.
Place initial stop loss on the previous swing.
In the pictures Forex Glaz with Gold MACD
Share your opinion, can help everyone to understand the forex strategy
|
|
|
|
|
|
|
|
|
|
In the pictures Forex Glaz with Gold MACD
weswayae (Saturday, 22 February 2020 01:01)
forex glaz is the same with indicator zig zag_new_nen4
Luiz (Tuesday, 03 January 2017 02:06)
The big yellow eyes is the same like ZIG ZAG (Swing ZIG ZAG). It repaint.
Is possible to trade with this but is necessary some experience.....
Amed (Sunday, 06 November 2016 14:33)
If you check the system live, the rules getting very clear. However, the system generates a lot of false entries because the big yellow eyes repaint. Hope this helps
Wendell (Friday, 04 November 2016 22:23)
the rules are not clear, verify
frank (Friday, 04 November 2016 17:13)
You said :
" Buy :
Golden MACD with histogram below the green line.
Gold MACD with green line above red line.
Sell :
Golden MACD with histogram below the green line.
Gold MACD with green line above red line. "
Buy & Sell have the same rules .....