Forex Golden MACD Strategy
Golden MACD is a forex trading strategy. This forex trading strategy is based on MACD indicator. The rule of the Golden MACD strategy is very simple. The buy and sell signals are generated by the indicators that are resided in the indicator window. Golden MACD system can be used to trade in time frames like hourly, four hour, daily, etc.
Indicator we used:
- Golden MACD
Buying Condition
- Histograms should be in positive territory.
- Buy when the oscillators of the Gold MACD indicator turn green.
- Place your stop loss just below the recent swing low.
- Take your profit when the green oscillators turn red.
Selling Condition
- Histograms should be in negative territory.
- Sell when the oscillators of the Gold MACD indicator turn red.
- Place your stop loss just above the recent swing high.
- Take your profit when the red oscillators turn green.
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