Double MACD & Stoch strategy | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

TEB : BB, Stoch & MACD- 15 & 60 min trading 21 replies

Trend, S/R, Stoch, MACD, RSI, Volatility, Stats & News System 35 replies

Help with Alerts by Stoch-MACD Indicator 0 replies

MTF Colour Bars in Price Window - Stoch/MACD etc 0 replies

Attachments: Double MACD & Stoch strategy
Exit Attachments

Double MACD & Stoch strategy

  • #1
  • First Post: Jul 1, 2015 4:20pm Jul 1, 2015 4:20pm
This system is simple, it involves two different macd values as seen in the screenshot below and 8,3,3 stoch.
For there to be a valid trade both MACD's must have crossed and be on the same direction at the same time, we then look at the stoch for either overbought or oversold to get in our trade depending which direction the MACDs indicate.
When to get out of a trade? You get out when you have both MACDs and you get in a trade and one of them crosses before the other you get out.
This system may not be 100% complete but it was a brainstorm of my own ideas, so comments and suggestions are welcome.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.jpg Size: 168 KB


Failed trade example

Attached Image
  • #2
  • Jul 1, 2015 11:38pm Jul 1, 2015 11:38pm
Quoting venividivici
This system is simple, it involves two different macd values as seen in the screenshot below and 8,3,3 stoch. For there to be a valid trade both MACD's must have crossed and be on the same direction at the same time, we then look at the stoch for either overbought or oversold to get in our trade depending which direction the MACDs indicate. When to get out of a trade? You get out when you have both MACDs and you get in a trade and one of them crosses before the other you get out. This system may not be 100% complete but it was a brainstorm of my...
It seems interesting...i was trying with 70,200,70...i will be joining with you...

i am using stoch 5,3,3. i will change it to 8,3,3 and will give you feedback...

thanks
  • #3
  • Jul 2, 2015 2:31am Jul 2, 2015 2:31am
Quoting shg
{quote} It seems interesting...i was trying with 70,200,70...i will be joining with you... i am using stoch 5,3,3. i will change it to 8,3,3 and will give you feedback... thanks
welcome aboard, great things have come out of inventions and not being stuck in evolution.
  • #4
  • Jul 15, 2015 2:42am Jul 15, 2015 2:42am
Nice idea you got here. Maybe you want to take a look at latest h1 setup on UJ.

Attached Image (click to enlarge)
Click to Enlarge Name: macd&stoch.png Size: 51 KB


I'm using

  1. Original mt4's MACD and added 0.05 level on both up and down. It just to make sure that we get the volatility we want. Using the original setup 12,26,9 and blank the signal line out.
  2. Stoch with 1 TF higher. For this, 11,3,3.

I'll be posting more charts as we go on.

Thanks for the idea mate!

  • #5
  • Jul 15, 2015 2:51am Jul 15, 2015 2:51am
Quoting redwed
Nice idea you got here. Maybe you want to take a look at latest h1 setup on UJ. {image} I'm using Original mt4's MACD and added 0.05 level on both up and down. It just to make sure that we get the volatility we want. Using the original setup 12,26,9 and blank the signal line out. Stoch with 1 TF higher. For this, 11,3,3. I'll be posting more charts as we go on. Thanks for the idea mate!
Well H4 stoch, you can not place the trade as soon as cross happen because it is h4 and it repaints. How it repaints? it repaints because h4 candle is not closed...so on h1 you have to wait 4 candles before placing trade...

thanks
  • #6
  • Last Post: Jul 15, 2015 3:01am Jul 15, 2015 3:01am
Quoting shg
{quote} Well H4 stoch, you can not place the trade as soon as cross happen because it is h4 and it repaints. How it repaints? it repaints because h4 candle is not closed...so on h1 you have to wait 4 candles before placing trade... thanks
Well, that's a shame.

Been using Stoch m15 on m5 chart in Genesis Matrix.
0 traders viewing now