4 Hour Macd Forex Strategy Pdf

four Hour MACD Forex Strategy – Welcome to the 4 Hour MACD Forex Strategy. This strategy is aimed at simplicity as well equally loftier probability trades. I have been in the equity market for almost 10 years now and in the forex market for ii years. I learned very early on that forex trading is not for the shaky ones. One must accept a tested and definite trading strategy as well also organized discipline to follow the strategy and execute the programme as to the letter of the alphabet. Ane must be verbal and precise.
Therefore I paper traded for virtually ii years and read everything I could lay my hands on. I bought books and courses. I attend a v day live web seminar. All this did non help me at all as it did not fit my style of personality and I just did non seem to connect with all this unlike strategies. Over two years of watching the graphs with unlike indicators, moving averages etc. I started to become a feeling for the motion and move of the market especially the EurUsd around certain moving averages.

It wasn't till late last twelvemonth that I find a setting with the MACD that gives easy to read signals on a regular basis on a 4 hour timeframe. I like the 4 hr timeframe as one are not glued to the screen full fourth dimension. If you look at FIG i below you lot will see that there were 14 signals over a period of 5 weeks. Within that period of FIG 1 the signals given were pretty good. There are times when some signals does not produce positive results. I then had to work on a filter organisation to only let me take the best ones. I constitute that the MACD when moving in a certain mode produces a 95% accuracy. I volition prove you subsequently how the high probability trades look like.

In FIG 1 the signals are shown and FIG 2 shows that an entry is fabricated after the 4 hour bar has closed and at the opening of the next bar.In FIG 3 another 19 deals were shown of which the last one was not finished notwithstanding so out of a total of xviii trades 5 were incorrect and 13 were right.As information technology is a 4 hour strategy it ways sometimes setting the alarm clock to take hold of an entry in the early morning hours. What makes it nice is that one will know after the close of a four hour bar whether the side by side 4 60 minutes bar might close as a signal by simply post-obit the MACD. Therefore one can gear up an alarm at that time. Have a wait at FIG one to 3.

MACD

MACD INDICATOR

MACD WAY

This was just to see and get a feeling for the graphs. Let us start to set-up our charts.
Moving Averages:
Kickoff of all are the moving Averages that we are going to employ.
1. 365 Exponential Moving Average (365EMA)
two. 200 Uncomplicated Moving Average (200SMA)
3. 89 Simple Moving Average (89SMA)
4. 21 Exponential Moving Average (21EMA)
five. 8 Exponential Moving Average (8EMA)
MACD:
MACD settings at
ane. Fast EMA 5
2. Slow EMA xiii
3. MACD EMA 1

Horizontal Lines:
Three sets of horizontal lines above and below cipher should exist drawn on the MACD
window at levels besides equally 1 on zippo
1. Level +0.0015
ii. Level +0.0030
3. Level +0.0045
4. Level –0.0015
v. Level –0.0030
6. Level –0.0045

4 Hour MACD Forex Strategy

The MACD moves in certain patterns that when recognized can be very profitable trades. Allow me testify y'all the very important ones first. By non following every signal merely just the ones that gives loftier probability trades through sure MACD patterns serves as a filter. The ones non familiar are non taken. This is the filter.

MACD Pattern

This pattern comes very regular especially A and D as the MACD has moved beyond the 0.0045 level and are due for a correction and or trend reversal. B and C are trend standing patterns and are entered in the management of the trend. Blood-red circles indicates entry betoken and entry is made on the opening of the adjacent bar.

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