Trade it only on high timeframe like Daily timeframe. It works on 4h and 1h as well but you might need to tweak MACD settings and use different entry, exit rules. As you can see Simple MACD Strategy is easy as pie. Please note some people tend to exit the entire trade at first TP which you can if you want but i tend to let my trade ride up to second TP. Next three orders were profitable they got to second TP. Which is a great success rate. I was going through ur strategy.
I want to use this strategy for day trading, so want you to suggest which MACD settings would work best on 15 min timeframe. Indicator fixed and compatible now with v4. Leave a Reply Click here to cancel reply. Heiken Ashi Candlesticks are offshoot from Japanese candlesticks. The result is filtered candlestick out of some noise in an effort to better capture the trend.
When you use Heiken Ashi Indicators properly, this technique can help you spot trends and trend changes from which you can gain some pips! We have prepared three most popular Heikin Ashi Indicator. Choose your settings and click OK. Leave a Reply Click here to cancel reply. We’ll be explaining each indicator in details shortly. I am a new on Forex, my question is: The Elliott Wave indicator can be used on MT4? These indicators are for MT4, and Elliott Waves indicator as well.
Hello, am just too new in forex and would like to know how to use the 3_level_zz_semafor indicator. Hi,I use Elliott waves on my Trade Navigator from Genesis. I am looking for an indicator that would help me to pinpoint the different waves in respect of Elliott rules. That indicator would have to be compatible with my Genesis platform.