Dual MACD Method | Foreign Exchange EA Download- MT4/MT5 Resources
Thank you to everyone who was inspired and shared their knowledge. This is a method that works very well. I prefer 1 hour, but the pattern occurs in every time frame. The chart shows two buys and one sell. The long-term MACD has crossed zero, but in the short-term it has pulled back, and the price has formed a reverse divergence. You're in when price turns towards the main trend (in line with the long-term MACD) and crosses the yellow moving average. You can exit no matter how you wish to exit. I also use the short-term MACD to look for regular divergences.
When markets are volatile, choose shorter time frames. If you're already there, go do something else...
When markets are volatile, choose shorter time frames. If you're already there, go do something else...
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