Forex MACD trend following strategy

Trading Strategies 0 1,485



Summary : 

Forex MACD trend following strategy is based on the MACD and the EMA channel.

 

Metatrader Indicators : 

- Exponential Moving Average (50, High) BROWN

- Exponential Moving Average (50, LOW) BROWN

- Exponential Moving Average (15, Close) VIOLET.

- MACD (15, 70, 1, 24).

 

Trading Conditions

 - Chart Timeframe : Any  timeframe.

- Currency Pairs : Any Pairs

 

Long Position Entry : 

1.     When the MACD Bars are GREEN.

2.     Or When the 15-EMA is ABOVE the 50-EMA Channel.

 

Short Position Entry : 

1.     When the MACD Bars are RED.

2.     Or When the 15-EMA is BELOW the 50-EMA Channel.

 

Exit Rules : 

- Nothing

 

How to install Files?

- Download *.zip file.

- Copy tpl file (Template) to your Metatrader Directory / templates /

- Start or restart your Metatrader

- Select Chart and Timeframe where you want to test your forex strategy

- Right click on your trading chart and hover on “Template”

- Move right to select Template

- You will see Trading System strategy is available on your Chart

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