No. Because the setting of macd(12,26,9) is too big. You will sacrifice a lot of pips when trading in HTF.
You can use the same analysis of M1 on HTF as long as you change the setting on macd.
You can try MyExtremeSystem on HTF
Sell = price must close in the upper band + the sun appears above price + FS30 is red + Time is above 80 cross back 80
Buy = price must close in the lower band + the sun appears belove price+ FS30 is blue + Time is below 20 cross back 20
Sai Ram
Attached File(s)
MyExtremeSystem.tpl
3 KB
|
222 downloads
ComeSurfingFxWithMe_Indicators.rar
429 KB
|
250 downloads
Being a fxtrader is not easy. Ones must working hard.