I want to present the trade from M5 chart by picking the best or Nasty and the Indiors employed are
MACD 12,26,9
MACD with crossing 12,26,9
Slope Directional Line
I'm attaching some charts on this basis for the members to critique
and over a span of two days I shall explain these charts as well as the way to
exchange this method. I am in the process of preparing the document .
Fundamental approach for this commerce
Buy: MACD with crossing and MACD down in M5 Chart
Sell : MACD with crossing too as MACD both at the Top
But I wish to explain more about MACD and how to prepare for trade
by Looking at the MACD whether the forthcoming trade will be a buy
or market
MACD In M 5 provides great explanation of who is going to take charge of
the Market the buyer or seller. MACD also provides the Indiion of
trend reversal . The PIP target is by 10 PIP to 100 PIP depends upon
the market and timing.
UP Date
In M5 chart the EMA 100 is appled to MACD indior
Drag the Moving average to MACD section and apply to first indior
If the MACD bars are above EMA 100 at M5 wait for a pull back and enter extended .
If the MACD BARS are under EMA 100 in M 5 wait for a pull back to enter brief
https://www.forexforum.co.za/attachm...1124391821.zip