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Macd Moving Average Strategy

Discussion in 'Forex Trading Systems and Strategies' started by SXMTrader, Jul 9, 2009.

  1. SXMTrader

    SXMTrader Private

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    Hello,

    I am using the following strategy:

    Macd 11 12 1

    EMA close 5, 13, 34

    I am looking for a cross of the macd on the zero line and take the trade in the direction of the cross.

    I also look for the moving averages. 5 and 13 above 34 = up trend, 5 and 13 below 34 = down trend.

    Today I found also a setting for LWMA close 5, 40 and with my macd settings it shows same good signals.

    It will be great, if you can send your opinion and /or help to improve the system. For me it gives good signals and I start to trust them.

    EUR/USD, AUD/USD, USD/CHF, GBP/USD on 5 min chart.

    Thank you for your comments.

    Holger
     
    #1 SXMTrader, Jul 9, 2009
    Last edited: Jul 9, 2009
  2. SXMTrader

    SXMTrader Private

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    Hello,

    I compared my macd settings with other systems generating signals and it looks like the 11 12 1 macd is a good signal for a trade.

    This morning I also set up a chart with EMA 5 10 21 55 200 and together with the crossing of the macd I get the same good trustfull signals.

    Now I only have to wait for a crossing of the macd to make a decision to take the trade or not. The EMa's will help me to confirm the direction of the trend.

    Set up your chart and maybe you have a comment which is helpfull for us.

    Holger
     

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