Results 1 to 7 of 7
  1. #1
    Bronze Member Array
    Join Date
    Jul 2009
    Posts
    59
    Thanks
    2
    Thanked 3 Times in 2 Posts

    What MACD and Stoch trading strategy do you use?

    Hey everyone,

    I have been trying out quite a few systems reciently, but i keep on reading that all you need to trade are macd and stoch indicators. So can you share how do you trade with these? Sorry for this noob question, but i read on the internet how to do it, but its just not enough information for me. Would be extremely helpful if you could post you indicator versions as well, or even your templates. If im not asking too much

    Thank you!!

    Regards

  • #2
    Gold Member Array
    Join Date
    Oct 2008
    Posts
    369
    Thanks
    562
    Thanked 208 Times in 70 Posts

    Re: What MACD and Stoch trading strategy do you use?

    Hi kavalius

    MACD & Stoch are indicators that trader using for the platform.
    They are all the same except different setting & how they use it for
    entry & exit.

    My advise to you is to know what timeframe and style of strategy that you like,
    for example, scalping, intraday trade or etc. Then look for one strategy
    that suit your style. There are many strategy on this forum that you can
    get.

    For me, I like day timeframe strategy, so I only trade using the daily timeframe,
    other might use hourly or 4hr timeframe. What work on one does might not work
    on other, so find your niche.


  • #3
    Moderator Array
    Join Date
    May 2008
    Location
    Sidoarjo, Jawa Timur, Indonesia
    Posts
    218
    Thanks
    1
    Thanked 1 Time in 1 Post

    Re: What MACD and Stoch trading strategy do you use?

    Hi..

    I use MACD to identify the trend only. Put MACD in Lower Time Frame M5 and in my working Time Frame at M30. I'm not using MACD in Higher Time Frame above H1. I prefer using EMA 10, EMA 20 and EMA 50 to identify daily trend.
    For the Entry and exit, I use channel MA at EMA 20 High and EMA 20 Low and trigger at EMA 5.

    Stochastic is quite frustating if use at its overbought and oversold signal. Regarding some videos and Ebooks, Stochastic is best for identify the divergence. Avoid to use it directly as entry and exit at its overbought oversold value. But I don't use Stochastic for my setup.

    Hope it helps.

    Regards,
    Adrian

  • #4
    Bronze Member Array
    Join Date
    Jul 2009
    Posts
    59
    Thanks
    2
    Thanked 3 Times in 2 Posts

    Re: What MACD and Stoch trading strategy do you use?

    Thanks a lot for your reply, found your answers very helpfull!
    So ok, normaly i like to trade daily, meaning that i close all of my trades before I go to sleep. I keep my eye closely on the charts during the news, because that can change the direction instantly. Also I like using M30. So what settings for macd should I use and what would be the best entry and exit strategy for such trading?

    As I understand, macd is not enough to get full entry signal, so what else should I use?

    Merry Christmas traders!!
    Have a good one

  • #5
    Standard Member Array
    Join Date
    Dec 2009
    Posts
    6
    Thanks
    21
    Thanked 0 Times in 0 Posts

    Re: What MACD and Stoch trading strategy do you use?

    I like to use 2 time frames with MACD and Bollinger Band on both.

    When both TF (say 30m and 240m) have MACD in the same position/direction, and lower TF has price near BB top or bottom, you're then looking for a trigger, such as a bar reversal pattern or candle pattern. Exit when price touches opposite BB. MACD are good for assessing trend but BB is great for judging volatility and oversold/bought.

  • #6
    Standard Member Array
    Join Date
    Jan 2010
    Posts
    1
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Re: What MACD and Stoch trading strategy do you use?

    i use stoch as a support resistance indicator. using only overbought and oversold area 80 and 20.

  • #7
    Silver Member Array
    Join Date
    Oct 2009
    Posts
    111
    Thanks
    0
    Thanked 8 Times in 3 Posts

    Re: What MACD and Stoch trading strategy do you use?

    Just iMo:

    For Trade H1 & H4 use MACD 21,168,8

    & Stichastic (35,3,7 ) for MT.4, for other used 35,7,3

    Regards;



  • Similar Threads

    1. @ Stoch cross signal indicator @
      By cazador in forum MetaTrader Indicators
      Replies: 0
      Last Post: 03-22-2010, 03:27 PM
    2. GJ tf 5m RSI dan STOCH
      By fxsoni in forum Trading Systems and Strategies
      Replies: 11
      Last Post: 02-04-2010, 03:08 PM
    3. E-STOCH EA FREE
      By saendee in forum MetaTrader Expert Advisors
      Replies: 5
      Last Post: 11-14-2009, 08:54 AM
    4. Stoch Spike Wackena Scalper EA from yahoos group
      By h41k4l in forum MetaTrader Expert Advisors
      Replies: 10
      Last Post: 06-20-2009, 11:47 AM

    Bookmarks

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •