This strategy gives traders an opportunity to earn up to 50 pip each day. This profit is not so great, comparing to several other strategies, but it is stable. In addition, it can form a good amount of money in a long-term use.
This strategy works with indicators from Metatrader 4 - MACD indicator and some others.
The above-mentioned indicator should be set to such parameters: Slow EMA 26, Fast EMA 15 and MACD SMA 1. As this strategy works with Metatrader 4 indicators, it is better to set a smaller setback of the price in the dealing center. User should open the transaction when moving yellow 2 red crosses MA (it should be from the bottom up and confirmed with a MACD indicator). The author of this strategy suggests such settings:
- AUDJPY — M30 — 15 points
- USDCAD — H1 — 20 points
- EURGBP — H1 — 10 points
- USDJPY — M30 — 15 points
- EURUSD — M30 — 15 points