Macd Moving Average Strategy

Hello,

I found some settings on different post and put the following together:

Macd 11 12 1

Exponential moving average 5 close, 13 close, 34 close

The direction of the 34 shows the direction of the trend. 34 is pointing up - trend is up, 34 is pointing down - trend is down.

If the 5 is crossing above or below the 34 the trend is maybe changing.
If the 13 is crossing above or below the 34 the trend has changed.

If Macd is crossing the zero line you take a trade in the direction of the Macd. But check the moving averages to see if we are in an up pr in a down trend to confirm the direction. The crossing of the Macd and the 5 and 13 over the 34 will help to trade with the trend.

I use it on 5 min with EUR/USD, USD/CHF, AUD/USD

Hope you like to have a look and set up your chart to discuss this strategy. It gives some good signals and it will be possible to make daily profits.

You have any ideas to make ot better or any coments?

Holger

Hello,

I opened my charts this morning and had again good signals. If I only take profit at 10 pips on my 3 pairs and only take trades when the macd is crossing the zero line I would have already over 50 pips.

Compered to some other strategies this one is more simple and it ie easy to follow the indicators. Hope somebody will have a look. I think it's worth to do it.

Holger

As there are literally millions of different "sytems" out there, almost anything will work for awhile in certain situations.

I suggest really learning candlesticks.
I'd bet there were candle reversals indicating reversals earlier than your crossovers.

Whatever works for you.

You can basicly use any settings on any indicators and they WILL work for some time.
But what will happen when the market starts to be choppy?

My advice: Start trading on the daily, learn everything about support, resistance and incorporate your indicators with some candle stick action