Sars and MACD Trading System
This strategy uses pairs such us EURUSD, GBPUSD and AUDUSD in a 5 minute timeframe.
Forex Indicators:
- SAR (0.011, 0.11) – on the chart;
- SMA 8 – on the forex chart;
- MACD (5, 8, 9) + SAR (0.01, 0.1) on this MACD.
For Long Entry:
- The price must be greater than 8 SMA and the two SARs agree with each other.
For Short Entry:
- The price must less than 8 SMA and the two SARs agree with each other.
Take profit at 8 pips for EURUSD, 6 pips AUDUSD, 10 pips for GBPUSD.
Stop loss must be in the previous swing and max 12 pips.
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