Magic MACD - High Accuracy Scalper

A Unique Strategy That Can Create Profitable Traders.

Trades Recorded Daily - I had a previous post that had 20 days worth of recorded trades but it's been moved. I will be uploading new trades here.

This strategy is a combination of my scalping system and The Small Turtle System (Donchain Trend +MACD).

Concept and physiology is based on the logic that; When a Reversal Candle prints on the Half Trend/Trend Magic Indicator Line there's a very high chance price action will create a continuation in the direction of the candle. This is because the HT indicator and MACD are top tier indicators when it comes to short term trend direction.

MACD is used in a unique way to confirm entries. You can only enter trades when MACD crosses on the Histogram, or when there's a very SLIM MACD bar followed by a very LARGE MACD bar - I refer to this as a pulse, and only use it in confluence with RSI 50 Cross.

PULSE: I don't typically use PULSES when live trading and only use Histogram Crosses. However I have found some good results using PUSLES when demo trading.
Indicators and settings are:

Trend Magic - Meta Trader Users (https://www.mql5.com/en/market/product/34443?source=Site+Market+MT5+Indicator+Search+Rating006%3atrend+magic) // Half Trend for TradingView Users (https://www.tradingview.com/script/U1SJ8ubc-HalfTrend/)
MACD (5,6,4)- Default Meta Trader Indicator
RSI (50 Line - Pulses) - Default Meta Trader Indicator
Time Frame - 5M (NAS100) 1HR (FOREX)

For buy entry: A bullish Candle, (preferably) ascending from beneath the Halftrend Line prints with the Halftrend Line going through the body. -> MACD Histogram has printed a discrepancy bar. -> Take a long position.

For short entry: A bearish Candle, (preferably) descending from above the Halftrend Line prints with the Halftrend Line going through the body. -> MACD Histogram has printed a discrepancy bar. -> Take a long position.

Exit Strategy For Scalpers: Close position if next candle closes in profit. Close position if prices closes above/below the trigger(discrepancy)candle.

Trade Frequency: 5M - 5-10 Times a Day.



PULSE: I don't typically use PULSES when live trading and only use Histogram Crosses. However I have found some good results using PUSLES when demo trading.


Forex Factory - Do not move this post as it is a full fledged system with appropriate links to indicators.

All recorded trades are using the security NAS100 CFD, during the NY OPEN SESSION - 9:30 -4.

10/12/22

White Lines: 9:30 NY Session Open - 4:00 Session Closed

Green Line: Winning Trades

Red Line: Losing Trades

Yellow Line: Trades taken using Pulse Strategy.

Hi burnestgeyer (https://www.forexfactory.com/burnestgeyer), thank you for sharing your Strategy.
I have some questions:
1. For entry: Do u take the trade right away when the trigger candle close?
2. How do u put SL?
3. For Forex trade, only use on H1 TF?
Hope will hear from u soon.
Again, thank u for ur strategy and I'm sorry for my English, it's not good.

I take the trade right away, so once the candle closes I’m immediately taking a position.

I place my stop loss at the high or low of the candle that triggered our entry.

I do not trade forex much, and haven’t tested best time frame, but 1H seems best.