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forexfx

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Posts posted by forexfx

  1. Here's the system description:

     

    MaCD based trading system

     

     

    I find MaCD one of the most useful indicator to determine current trend of the market.

    As mainly day trader I use mainly M15 and H1.

     

    Indicators called Trend Magic, Super Trend etc are often just modification of MaCD (with default settings) in main window: green showing MaCD above zero = bulls playground, red showing MaCD below zero = bears playground. I find thatkind of MaCD easier to follow, although the bad side is – I can´t see divergences. But I don´t trade those much anyway.

    Besides MaCD I use custom colored MA and custom candles.

     

    Rules are simple: you see most indicators GREEN and you BUY, you see them RED and you SELL.

    On M15 I don´t need H1 to agree with M15, but when they show different colors and signals, trade taken on M15 are good for 15 – 30 pips, take them and run or if some left on table, use SL @BE to avoid loss.

    If M15 and H1 show the same, trades can be hold longer time, until M15 gives an opposite signal.

     

     

    and here is the indicators and template:

     

    http://www.mediafire.com/?nxm8vt1vopinpl1

     

    Hi Diesel 10,

    Any update on this system? Appreciate if you could re-up the whole thing again..thanks

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