Forex Strategy on MACD and PSAR plus MA - 5 January 2012 - Forex Signals
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Forex Strategy on MACD and PSAR plus MA

This trading strategy is based on several forex indicators, as you can always download free of charge and without registration.



So, the chart on your list, forex pairs, the selection of your choice, it is necessary to place the following indicators:
indicator Parabolic - PSAR (with the usual settings)
Simple Moving Average - SMA 21 (applying to HLS / 3)

And besides, the first indicator in the window, you must first put the indicator MACD (12,26,9) and then it should impose such indicators: Moving Average WMA (1O) - Method Linear Weighted shift (-1), white and, moreover, a simple moving average SMA 13 - blue.

In the second indicator window to place the indicator RSI (8) Close, in addition, the levels should be set-7o, 65, 5O, 35, 3O. And on it by the same method imposed two simple moving averages - SMA 8 - orange and mean SMA 21, blue.

In the third window display should be placed indicator CCI (14, HLC / 3), the levels of 1OO, O-1OO.

Time-frame and the choice of forex broker

Despite the fact that testing was carried out of the trading strategy Forex GBP / JPY for h1, but more likely to experiment with the choice of time-frama and forex pairs, without loss of profitability of the strategy.

To trade as we always recommend only proven forex brokers with the terminal "Metatrader4": InstaForex, Alpari, Forex4u, Broco, Admiral Markets.

The main forex indicators this strategy is the " MACD " attached to it from moving averages MA and forex indicator Parabolic - PSAR, and other institutional turkeys - this is just extra and needed only to confirm the signal to enter the market.

Forex signals for opening trades on the trading strategy

Picture, click to enlarge:



Opening for the purchase of strategy plus MACD MA and PSAR

Opens when the average WMA (1D) cross the signal line " MACD " (ie, the average SMA 9) from the bottom up following the closure of the current hour and forex indicator PSAR moved under the price. And then MACD indicator also should rise.

In addition, care must be an indicator of RSI (8), if it is above level 65, we will not open up to the purchase. It should be rolled back to press closer to the RSI superimposed on a slide. average SMA (21). The most optimal conditions for the opening of the transaction appear, if the RSI is near superimposed moving average SMA (21) and forex indicator RSI is at or near 5O to him.

"Turkey Gobbler" CCI (14) - is less important tool in this trading strategy, we need also to find the entry level, and its signals can be used in the work.

Stop-loss orders should be placed immediately after the opening of the transaction at the point drawn forex PSAR.

Closing of the transaction with a profit - after an opposing signals MASD + MA or after the RSI in the field of re-purchased (above the 65-7o) drops below the 65th.

In addition, a good addition when working on the strategy can serve as a trailing-stop.

To open a transaction strategy for Sale - make all clear contrast.

Template for MetaTrader4: DOWNLOAD

Here is a simple forex strategy, comments and feedback are welcome.
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