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MACD Trend Forex Scalping Strategy
This scalping system is based on the 4 MACD indicator. This indicator combines a single indicator in one window. It identifies current movements as a positive and negative image, (green, yellow, or red blue). This is for trend following or reversals. Use this system on a currency pairs such AUDUSD, EURUSD, GBPUSD and USDCHF. Timeframe must be 15 minutes to be effective.
Forex Indicator:
- MACD indicator (17,7,5)
- MACD indicator (5 ,13,5)
- MACD indicator (17,14,5)
- MACD indicator (12,18,4)
- Delta Trend arrow indicator
- Pivot points levels indicator
Buy Entry:
- Delta trend green arrow.
- MACD green bars of the Histogram MACD is greater than 0.
Sell Entry:
- Delta trend green arrow.
- MACD green bars of the Histogram MACD is less than 0.
Exit Position:
- At opposite arrow or at the Pivot points levels.
- Stop Loss at the previous swing.
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