Time Frame 4H.
Currency Pairs:all.
Indicators
Awesome
MACD (5,7,4)
Rules
If Awesome is above the 0.0 line then I only take buy trades.
If the indicator is below the 0.0 line then I only take sell trades.
The MACD indicator tells use WHEN to enter.
Long Entry
MACD to be above the 0.0 line and Awesome >0;
Short Entry
MACD to be belowe the 0.0 line and Awesome <0.
Profit Targetratio 1:1.3
Stop Loss:place the stoploss below the low (or high) of the entry candle.
In the pictures below Awesome and MACD Trading System in action.
