I wish to present the trade in M5 chart by picking the top or Bottom and the Indicators used are
MACD 12,26,9
MACD with crossing 12,26,9
Slope Directional Line
I am attaching some charts on this basis for the members to review
and over a period of two days I will explain these charts and also how to
trade this method. Right now I am in the process of preparing the document .
Basic approach to this trade
Buy: MACD with crossing as well as MACD both down in M5 Chart
Sell : MACD with crossing as well as MACD both at the Top
But I wish to explain more about MACD and how to prepare for trade
by Looking at the MACD whether the forthcoming trade will be a buy
or Sell
MACD In M 5 provides good explanation of who is going to take charge of
the Market the buyer or seller. MACD also provides the Indication of
trend reversal . The PIP goal is from 10 PIP to 100 PIP depends upon
the market and timing.
UP Date
In M5 chart the EMA 100 is appled to MACD indicator
Drag the Moving average to MACD section and apply to first indicator
If the MACD bars are above EMA 100 in M5 wait for a pull back and enter long .
If the MACD BARS are below EMA 100 in M 5 wait for a pull back to enter short
MACD 12,26,9
MACD with crossing 12,26,9
Slope Directional Line
I am attaching some charts on this basis for the members to review
and over a period of two days I will explain these charts and also how to
trade this method. Right now I am in the process of preparing the document .
Basic approach to this trade
Buy: MACD with crossing as well as MACD both down in M5 Chart
Sell : MACD with crossing as well as MACD both at the Top
But I wish to explain more about MACD and how to prepare for trade
by Looking at the MACD whether the forthcoming trade will be a buy
or Sell
MACD In M 5 provides good explanation of who is going to take charge of
the Market the buyer or seller. MACD also provides the Indication of
trend reversal . The PIP goal is from 10 PIP to 100 PIP depends upon
the market and timing.
UP Date
In M5 chart the EMA 100 is appled to MACD indicator
Drag the Moving average to MACD section and apply to first indicator
If the MACD bars are above EMA 100 in M5 wait for a pull back and enter long .
If the MACD BARS are below EMA 100 in M 5 wait for a pull back to enter short
Attached File(s)
charts.zip
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