The MACD Trend trading system is well designed to allow traders get into the right direction of the profitable trend early with the help of the MACD indicator.
It works very well for all currency pairs (majors, cross pairs, exotics) and timeframe’s.
Learn the buy/sell rules and download for free below:
Chart Setup
MetaTrader4 Indicators: ytg_DveMashki_ind_w_Signals.ex4 (Default Setting), MACD (Default Setting)
Preferred Time Frame(s): 1-Minute, 5-Minute, 15-Minute, 30-Minute, 1-Hour, 4-Hour, 1-Day
Recommended Trading Sessions: Any
Currency Pairs: Any pair
Download
Download the MACD Trend Trading System
Buy Trade Example
Fig. 1.0
Strategy
Long Entry Rules
Initiate a buy entry if the following indicator or chart pattern gets put on display:
1. If the medium turquoise line of the ytg_DveMashki_ind_w_Signals.ex4 indicator intersects the yellow line in a bottom up fashion as seen on Fig. 1.0, price is said to be driven higher i.e. a trigger to buy the designated forex pair.
2. If the green histograms of the MACD MT4 indicator break above the 0.00 level as illustrated on Fig. 1.0, it is an indication of upward price pressures, as such a trigger to buy the selected fx pair.
Stop Loss for Buy Entry: Place stop loss below trading support.
Exit Strategy/Take Profit for Buy Entry
Exit or take profit if the following rules or conditions takes precedence:
1. If the medium turquoise line of the ytg_DveMashki_ind_w_Signals.ex4 MT4 indicator break above the indicator’s yellow line as seen on Fig. 1.0, bulls power is said to be weaning i.e. a trigger to exit or take profit at once.
2. If the green histograms of the MACD MT4 indicator readjust to form below the 0.00 level, it is an indication of an imminent bearish reversal, hence an exit or take profit will suffice.
Sell Entry Rules
Enter a sell order if the following holds sway:
1. If the medium turquoise line of the ytg_DveMashki_ind_w_Signals.ex4 indicator intersects the yellow line in a top downward manner as shown on Fig. 1.1, price is said to be driven lower i.e. a trigger to sell the currency pair of interest.
2. If the green histograms of the MACD MT4 indicator break below the 0.00 level as depicted on Fig. 1.1, it is an indication of downward price pressures, hence a sell alert will do.
Stop Loss for Sell Entry: Place stop loss above trading resistance.
Exit Strategy/Take Profit for Sell Entry
Exit or take profit if the following takes to the fore:
1. If the medium turquoise line of the ytg_DveMashki_ind_w_Signals.ex4 MT4 indicator break below the indicator’s yellow line as exemplified on Fig. 1.1, bears power is said to be halting i.e. a trigger to exit or take profit without delay.
2. If the green histograms of the MACD MT4 indicator realigns to form above the 0.00 level, it is an indication of an impending bullish reversal, hence an exit or take profit will do.
Sell Trade Example
Fig. 1.1
Free Download
Download the 4-Hour MACD Forex Trading Strategy
About The Trading Indicators
The ytg_DveMashki_ind_w_Signals.ex4 is a proper visual representation of the MACD on the activity chart.
Although the standard MACD has just one line, here we find two lines (yellow and medium turquoise).
The Moving average convergence divergence (MACD) is a trend-following momentum indicator that reveals the connection between two moving averages of price.