MACD + 25 SMA daily strategy

[User]

Forum transfer: Submitted by ARSALAN on November 14, 2008 - 16:36.

Hi friends,

I use a strategy which is for positional trading and this strategy gives huge profit.

Time frame -Daily
Indicators - Macd(30,45,15)
Simple moving average(25)
Currency pair - Any trending pair.

Buy setup - Buy when Macd (30,45,15) gives buy signal.
Reentries can be made when price retraces to 25 days Sma.

Sell setup - Sell when Macd(30,45,15)gives sell signal.
Reentries can be made when price retraces to 25 days
Sma.

Stop loss - Below /Above previous pivot low/high.

Target - Exit when 25 days Sma starts to drift or use trailing stops to determine safe exit.

You will not get signals every week but whenever you will get it it will give a huge profit.

Regards.
Forex pirate.

[User]

Forum transfer: Submitted by Manus168 on November 15, 2008 - 06:20.

Intresting; However, Can you give a screenshoot please ?

Regards;

Manus168

[User]

Forum transfer: Submitted by User on November 15, 2008 - 07:46.

True, and also what do you consider a signal from MACD: a lines cross or a histogram crossing zero line?

Thanks.

[User]

Submitted by ARSALAN on November 15, 2008 - 12:02.

Hi Manus168,

Ok. I will post a screenshot soon .

what do you consider a signal from MACD: a lines cross or a histogram crossing zero line?

Macd line cross is considered as a signal.

Happy Trading,

Regards
ARSALAN.

[User]

Forum transfer: Submitted by Manus168 on November 15, 2008 - 13:19.

What Trending Pair you suggest ? GBP/JPY, EUR/JPY, or GBP/USD, EUR/USD. Please let me know. Thank You

Regards;

Manus168

[User]

Forum transfer: Submitted by Manus168 on November 15, 2008 - 13:43.

Which one MACD you like & you want to choose, here's the screenshot:
Screenshot. A:
or Screenshot. B:

Let us know, Thank You.

Kind Regards;

Manus168

[User]

Forum transfer:Submitted by Thulfaqar on November 15, 2008 - 20:45.

I have a question the 25SMA to be plotted on MACD or separately on the chart??
- Thulfaqar

[User]

Forum transfer: Submitted by Arsalan on November 16, 2008 - 15:59.

Hi Manus168,

What Trending Pair you suggest ?

I use this strategy in stock trading so i really do not have any idea on which pair this strategy will work well.

Which one MACD you like & you want to choose?

I like to use the Macd in Screen shot B.

Happy Trading,
Regards,
Arsalan.

[User]

Forum transfer: Submitted by ARSALAN on November 16, 2008 - 16:06.

Hi Thulfaqar,

Plot Macd separately on chart like in screenshot B. (Thanks to MANUS168 for posting screenshots)

[User]

Forum transfer: Submitted by Manus168 on November 16, 2008 - 18:53.

Thank You Very2 much Arsalan, you're setup MACD(30,45,15) its looks so amazing & powerfull, in Daily Timeframes.

So this Setup for Stock Market ? Are this can be use in Comodities too like GOLD, Crude Oil, etc ?

Best Regards;

Manus168