Moving averages:
EMA 100
EMA 200
MACD: Default
Time frames: High time frame and a lower time frame. The thread starts with Daily and H1 but this combination is not magical.
Two Stage Strategy:
Stage 1 High time frame set up:
1) Seek buying opportunity when 100 EMA is above 200 EMA and MACD crosses up.
2) Seek selling opportunity when 100 EMA below 200 EMA and MACD crosses down.
Stage 2 Low time frame set up:
1) Buy when 100 EMA is above 200 EMA and only when MACD crosses up.
2) Sell when 100 EMA is below 200 EMA and only when MACD crosses down.
NOTE: As long as Stage 1 set up is intact then multiple entries can occur with each stage 2 set up.
Money management is up to each individual trader.
EMA 100
EMA 200
MACD: Default
Time frames: High time frame and a lower time frame. The thread starts with Daily and H1 but this combination is not magical.
Two Stage Strategy:
Stage 1 High time frame set up:
1) Seek buying opportunity when 100 EMA is above 200 EMA and MACD crosses up.
2) Seek selling opportunity when 100 EMA below 200 EMA and MACD crosses down.
Stage 2 Low time frame set up:
1) Buy when 100 EMA is above 200 EMA and only when MACD crosses up.
2) Sell when 100 EMA is below 200 EMA and only when MACD crosses down.
NOTE: As long as Stage 1 set up is intact then multiple entries can occur with each stage 2 set up.
Money management is up to each individual trader.