MACD 5 Min System | Forex indicator download- MT4/MT5 resources
I've been quietly working on a 5-minute system that's showing some really good promise.
First, the indicators:
- MACD (values 38,120,20)
- MA - exp is based on low value 60.
Currencies: I currently use USD/CHF, EUR/USD, and monitor 3 other currencies
SL:
- Execute candlestick 5 pips later
quit:
- Minute 10 and reach breakeven and let part of the lot run.
Time range: 5 minutes during 07:00-18:00 GMT
Buy execution: MACD crosses and price is above MA, then buy the next candle
In the picture below, the yellow part of the screen is the current trading time range (between 7 am and 18:00).
Blue arrow: MACD crossover occurs at 10 AM
Green line: Execute
Exit 15 points
Green Line 2: We can re-enter at 11:30, potential 40 points
Also on Friday, we received a second sell signal
Red Arrow: 13:45
Entry (green line 3): However, price will not be below the 60 EMA until 15:00, potentially 90+ pips
I will try my best to answer any questions
Thanks
First, the indicators:
- MACD (values 38,120,20)
- MA - exp is based on low value 60.
Currencies: I currently use USD/CHF, EUR/USD, and monitor 3 other currencies
SL:
- Execute candlestick 5 pips later
quit:
- Minute 10 and reach breakeven and let part of the lot run.
Time range: 5 minutes during 07:00-18:00 GMT
Buy execution: MACD crosses and price is above MA, then buy the next candle
In the picture below, the yellow part of the screen is the current trading time range (between 7 am and 18:00).
Blue arrow: MACD crossover occurs at 10 AM
Green line: Execute
Exit 15 points
Green Line 2: We can re-enter at 11:30, potential 40 points
Also on Friday, we received a second sell signal
Red Arrow: 13:45
Entry (green line 3): However, price will not be below the 60 EMA until 15:00, potentially 90+ pips
I will try my best to answer any questions
Thanks
























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