MACD and RSI opposite crosses | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

8EMA/21EMA plus MACD and RSI - The worst system you have ever seen 33 replies

MACD Crosses Zero Line, Arrow + Alert 18 replies

MACD alert when crosses 0 3 replies

RSI crosses. A little help? 0 replies

Fibo, MACD and RSI, is it enough ? 7 replies

Attachments: MACD and RSI opposite crosses
Exit Attachments

MACD and RSI opposite crosses

  • #1
  • First Post: Edited 2:24pm Oct 2, 2019 2:11pm | Edited 2:24pm
For Macd,
--When the signal line crosses the main histogram up above 0 level, it is an opposite cross,
--When the signal line crosses the main histogram down under 0 level, it is an opposite cross,

For RSI,

--When the indicator line crosses the 70-level up, it is an opposite cross,

--When the indicator line crosses the 30-level down, it is an opposite cross,


Trading System:

we count for the number of crosses, when it reaches 3 or above, we take a position in the opposite direction.

the opposite cross usually happen after sudden expulsive move.


Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 21 KB
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #2
  • Oct 2, 2019 2:25pm Oct 2, 2019 2:25pm
thank you for sharing .
can you post some example !

how about tp and sl ?

how is win rate ?
  • #3
  • Oct 2, 2019 2:26pm Oct 2, 2019 2:26pm
under MACD 0-level
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 19 KB
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #4
  • Oct 2, 2019 2:26pm Oct 2, 2019 2:26pm
RSI above 70-level
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 17 KB
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #5
  • Oct 2, 2019 2:32pm Oct 2, 2019 2:32pm
RSI below 30-Level
Attached Image
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #6
  • Oct 2, 2019 2:37pm Oct 2, 2019 2:37pm
and someone may had better to behave in a clever trading way,
for example,
for the fist opposite cross, 0.01 lot
for the second opposite cross 0.02 lot
3rd opposite 0.03 lot
and so on

here I will try -upon convenience- to post this trading system possible chances,
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #7
  • Oct 2, 2019 2:57pm Oct 2, 2019 2:57pm
previous chances:
Attached Image
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #8
  • Oct 2, 2019 3:01pm Oct 2, 2019 3:01pm
the chance of this day was on AUDUSD, H1
since entry on H1, exit must be on H1, (Target: Always direct cross in other bank)
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 15 KB
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #9
  • Oct 3, 2019 2:29am Oct 3, 2019 2:29am
This helps with spotting potential divergence.

Can someone make a custom indicator with colored bars that show the signals as a different color with alerts
  • #10
  • Oct 3, 2019 4:40am Oct 3, 2019 4:40am
Quoting Macd-rsi
previous chances: {image}
Hi and thank you for sharing interesting strategy
Where is the stop for first sell ?
Another question is that direct and opposite cross on MACD is not clear to me but it is ok on RSI?
  • #11
  • Oct 3, 2019 6:35am Oct 3, 2019 6:35am
Quoting fulljob
thank you for sharing . can you post some example ! how about tp and sl ? how is win rate ?
regarding stop loss, the matter under study,
regarding winning rate, you can trace any instrument chart and count for wining chances and losing, + pips earned or lost.
the whole content is under study.
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #12
  • Oct 3, 2019 6:37am Oct 3, 2019 6:37am
Quoting rubion
This helps with spotting potential divergence. Can someone make a custom indicator with colored bars that show the signals as a different color with alerts
please if you would notify us about divergence for any possible chance with assistance of this method.
we hope some one if can modify macd indicators to include colors.
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #13
  • Oct 3, 2019 6:59am Oct 3, 2019 6:59am
The system look simple.

Which will give more accurate signals? The MACD crosses / RSI crosses?

Do we need to consider the 200EMA as well?
  • #14
  • Oct 3, 2019 9:21am Oct 3, 2019 9:21am
Quoting Macd-rsi
For Macd, --When the signal line crosses the main histogram up above 0 level, it is an opposite cross, --When the signal line crosses the main histogram down under 0 level, it is an opposite cross, For RSI, --When the indicator line crosses the 70-level up, it is an opposite cross, --When the indicator line crosses the 30-level down, it is an opposite cross, Trading System: we count for the number of crosses, when it reaches 3 or above, we take a position in the opposite direction. the opposite cross usually happen after sudden expulsive move. {image}...

https://www.babypips.com/
  • #15
  • Oct 3, 2019 9:49am Oct 3, 2019 9:49am
Quote
you are saying the 0 line cross is (more or less) the crossover of the 12 and 26 exponential moving averages
First of all, thank you for your informative post,
0-line--we mean 0-axis, as seen on the indicator chart:
so 12,26 cross is just a single point on this axis
i hope to be here all the time
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 26 KB
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #16
  • Oct 3, 2019 9:53am Oct 3, 2019 9:53am
Quote
meta trader standard indicator, which are wrong
no
It is very accurate,
I my self investigated through MACD mathematical equation, and the sample values were exact to Meta Values.

i think signal lime and main histogram is better for our eyes
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #17
  • Edited 10:13am Oct 3, 2019 10:03am | Edited 10:13am
Quoting Dingoman-two
{quote} https://www.babypips.com/
EUR-USD ONLY THREAD
https://www.forexfactory.com/showthread.php?t=699860
C/O Ata
Attached File(s)
File Type: tpl Effortless-Trading-H4-SR-Levels.tpl   5 KB | 494 downloads

Attached Image (click to enlarge)
Click to Enlarge Name: Ata eur usd only.JPG Size: 88 KB

You can search anything here Forex Factory can offer a lot, just type and explore
Attached Image (click to enlarge)
Click to Enlarge Name: MACD.JPG Size: 167 KB
  • #18
  • Edited 10:38am Oct 3, 2019 10:21am | Edited 10:38am
Quoting Dingoman-two
{quote} EUR-USD ONLY THREAD
according the rule of this thread: buy after counting 3 opposite crosses, and wait some days for the TP
or, wait until direct cross above 0-level, then it is our TP point!

we now are standby, assuming MACD main after several days will go above 0, then later signal line will follow it! then after other days, there will be a cross above 0 level
let us say our target may reach 250 pips!
Attached Image
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #19
  • Oct 3, 2019 10:28am Oct 3, 2019 10:28am
Quote
By the way, the MACD has a strong tendency to show divergence, which means it will head fake you by giving you false signals. If you like to be head faked by your own indicators, then ignore my comment and have fun with it. The second indicator is a fancier RSI that helps define its cycles. You can see it appears to be incorrect too, but in accordance with your strategy. From your attachment on this post of AUDUSD 1HR, I am guessing each of those circles were supposed to be a buy entry? Not sure. I drew them as vertical lines to match up. I do not...
I do not forget this part! but it is very rich and need to read agian
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #20
  • Oct 3, 2019 10:35am Oct 3, 2019 10:35am
Quoting Macd-rsi
{quote} according the rule of this thread: but after counting 3 opposite crosses, and wait some days for the TP or, wait until direct cross above 0-level, then it is our TP point! we now are standby, assuming MACD main after several days will go above 0, then later signal line will follow it! then after other days, there will be a cross above 0 level let us say our target may reach 250 pips! {image}

I use 13/31/12 Macd and RSI 5, when the histogram tops or bottoms out, these changes in direction in the histogram area usually implies a change in direction.

Attached Image (click to enlarge)
Click to Enlarge Name: MACD.rsiJPG.JPG Size: 166 KB
0 traders viewing now