RSG MACD M1 | Foreign exchange EA download-MT4/MT5 resources | MT5 EA download-MetaTrader 5 resources
Hello!
First of all, I would like to thank kirkleaforex for his knowledge, posts and help. My system is based on his old thread http://www.forexfactory.com/showthread.php?t=213346. Everything I attach here comes from this thread.
I want to show you my explanation of this system and would like some suggestions from other membersJ
we need to:
M5: EMA 21/34/144 and MACD 21,34,1
M1: EMA 21/ 34/ 144/ 600 and
MACD Red: 13,21,1
MACD Yellow: 21, 34, 1
MACD Green: 34,144,1
Buy:
M5:
EMA 21 > 34 > 144 and price is higher than EMA
MACD above 0 bar is rising
M1:
EMA 21> 34> 144 >600 and price is higher than EMA
MACD yellow + green above 0
MACD Red must close in the opposite position above 0 and start rising
Set stop loss to last high/144 EMA and target price 1:1 or higher J
Close the trade based on the opposite signal red or yellow MACD.
Sell its opposite.
Divergence is important because it can eliminate false signals and change the trend. Example 11
Here are some examples of my trades today. I succeeded twice in AU.
This is new idea and I haven't given you some improved statement yet.
I really like it because its entries have a solid trend.
I'll give you more examples tomorrowJ
First of all, I would like to thank kirkleaforex for his knowledge, posts and help. My system is based on his old thread http://www.forexfactory.com/showthread.php?t=213346. Everything I attach here comes from this thread.
I want to show you my explanation of this system and would like some suggestions from other membersJ
we need to:
M5: EMA 21/34/144 and MACD 21,34,1
M1: EMA 21/ 34/ 144/ 600 and
MACD Red: 13,21,1
MACD Yellow: 21, 34, 1
MACD Green: 34,144,1
Buy:
M5:
EMA 21 > 34 > 144 and price is higher than EMA
MACD above 0 bar is rising
M1:
EMA 21> 34> 144 >600 and price is higher than EMA
MACD yellow + green above 0
MACD Red must close in the opposite position above 0 and start rising
Set stop loss to last high/144 EMA and target price 1:1 or higher J
Close the trade based on the opposite signal red or yellow MACD.
Sell its opposite.
Divergence is important because it can eliminate false signals and change the trend. Example 11
Here are some examples of my trades today. I succeeded twice in AU.
This is new idea and I haven't given you some improved statement yet.
I really like it because its entries have a solid trend.
I'll give you more examples tomorrowJ
























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