COMBINATION OF MOVING AVERAGE AND MACD INDICATORS
In this review, I will review one of the futures trading strategy systems that will help you enter a position when a trend occurs at the right time with clear market entry and exit signals. This strategy utilizes the indicators that already exist on your Meta Trader trading platform, namely using the MACD and Moving Average indicators. The way this trading system works is to enter a Buy or Sell position only if the price cuts the Moving Average by looking at the trend that is formed, it's a good idea to practice this technique on a demo account first.
INDICATOR SETTINGS:
TIMEFRAME : HOURLY OR DAILY
STEP BY STEP ENTRY BUY WITH SAMPLE (GBP/USD PAIR, H1 TIMEFRAME)
Wait for the price to be above the 50 and 100 Simple Moving Averages
When the price breaks above the Simple Moving Average, enter a Buy position if the MACD cross becomes positive for at least five bars
Weaknesses of the MACD and SMA Combination Strategy
RECOMMENDATION FROM EXPERT :
So, hopefully this article can make it easier for you to trade. Find information on fundamental and other technical analysis which is easy and suitable for you in all market conditions.
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