A Trading strategy is a very simple trading method designed to trade in the foreign exchange market. This trading system uses only two custom indicators, one of them which looks like moving average. Yes, it is moving average but it changes color when the market changes the direction. And the Macd also.
NonLAGMA and MACD
Time Frame 4H or Daily
Currency Pairs:all
Indicators:
NonLagMA 40 filter 0.5
MACD (12,26,9)
Template
ENTRY RULES
Long Entry
Enter a LONG position when all following conditions are met
- NonLagMA is GREEN and pointing up
- MACD has the GREEN line cuts above the MAGENTA line
Stop loss
Stop loss is set at 50-70 pip on 4-H timeframe or 90-120 pips on Daily timeframe
Exit
Exit LONG position when either the NonLagMa changes its color or MACD
Indicator has the green line cuts below the magenta line
Short Entry
Enter a SHORT position when all following conditions are met
- NonLagMa indicator is GREEN and pointing up
- MACD Indicator has the GREEN line cuts below the MAGENTA line
Stop loss
Stop loss is set at 50-70 pip on 4-H timeframe or 90-120 pips on Daily timeframe
Exit
Exit LONG position when either the NonLagMa changes its color or MACD
Indicator has the green line cuts above the magenta line.
An additional indicator is the 4 Timeframes'
Other settings to try.... on the 4 timeframe non lag indicator
16 on M1/M5/M15
18 on M30
20 on H4/D1
If you use this indicator (4 timeframes) with the Nonlag and Macd on the 4h timeframe the lower timeframes 1h,30m.15m Must be aligned with the 4h TF.
4 Hours Timeframe
Or change the settings on the NonLag indicator to one of the timeframes below 4H and use it with the 4 timeframes settings
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