DislikedPIPSACUMULATOR TRADING METHODOLOGY 1. MARKETS: All major currency pairs. If financial security is very liquid and available for trading at a low transaction cost, PIPSACUMULATOR can be used. 2. TIMEFRAME: DAILY CHARTS 3. INDICATORS: MACD (12,26,9), Daily Bar Parameters (open, high, low, close) 4. ENTRY RULES TO BUY (Strictly Daily Charts) a. MACD; Signal Line b. Wait for retracement - daily bars to form lower lows (LL). c. Place a pending buy-stop order 1 pip above the high of the LL bar. d. Place the stop loss 3 pips below the low of the LL bar....Ignored
To BUY: MACD valuemust be greater than Signal Line
To SELL: MACD Value must be less than Signal Line