#3 Forex trading strategy (EUR/USD simple system)

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By swanlin

This is a strategy designed specifically for EUR/USD. It is advisable to use it on the 30 minutes timeframe. The MACD indicator will be used at the settings: 12, 26, 9. The second indicator is Parabolic SAR with its default settings: 0.02, 02.

Entry rules: Buy when Parabolic SAR gives buy signal and MACD lines crossed upwards.

Sell when Parabolic SAR gives sell signal and MACD lines crossed downwards.

Exit rules: exit at the MACD lines cross again or if the market starts to trade sideways.

Forex Prophecy 21 months ago

That's really simple and great piece of combination of two Indicators.

Thanks for sharing.

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