Improve your currency trading strategy To Double The Account In 1 Day? You can help thousands improve their trading! Who’s online There are currently 41 users online. Submitted by Edward Revy on February 28, 2007 – 14:40.
Trading with MACD indicator is widely used by Forex traders. Let’s take a glance at the very basis of currencies trading with MACD indicator. We will need only MACD indicator with standard settings: 12, 26, 9. Any time frame as well as any currency pair can be used.
Exit rules: when MACD lines next crossover occurs. Advantages: very simple approach and can give good profitable entries. Traders may want to change MACD default settings depending on the currency and chosen time frame. Disadvantages: you will need to sit and monitor it again and again. MACD has little use in sideways trading market.
It is also never used alone, but rather in combination with other indicators. Submitted by User on May 12, 2013 – 21:37. Submitted by User on December 31, 2012 – 03:36. Submitted by Eric on June 14, 2012 – 18:03.
Submitted by User on June 14, 2012 – 16:39. Submitted by User on April 28, 2012 – 09:04. The writer of this doesn’t even understand the MACD. He says to watch when the lines cross. But the MACD itself is the difference of those 2. So a crossover shows that the MACD moves from positive to negative or the opposite.
You just have to watch that. Submitted by Panos on January 10, 2012 – 12:19. I am still very new to the forex trading and i am still using a demo account. In any case, i tried to test the MACD method. In some occasions i win 1-2 pips, but i noticed something. Today i bought USD when the MACD’s lines crossed downwards,and lines were below zero point, and i was expecting market to drop even further.
Submitted by User on November 12, 2011 – 22:39. In our testing we have not seen good results with this type of strategy. MACD signal crosses can be effective in some situations. Such as when the MACD crosess the signal line and MACD is above 0.