Exit trade for profit when the MACD line crosses above the signal line. Stop Loss for Sell Entry: However, it can also take you out right before a big move happens. Jason Robert Sunday, 07 August
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Set a stop for 20 pips 4. Exit trade for profit when the MACD line crosses below the signal line. Rules to Sell 1. Check Market Depth to look for ei ther a 2: Using a 1-minute chart go short when the MACD line crosses below the signal line.
Set a protective stop-loss for 20 pips 4. Exit trade for profit when the MACD line crosses above the signal line. Diposkan oleh Matamerah di 2: Mengenai Saya Matamerah Satu Kata. The MACD is also used in this strategy to ident Bollinger Band Strategy will be used on a 5-minute chart. We will use values of 60,2 on the first band, 60,3 on the second band and 60,4 o Seems to work for me, although I agree that longer term trading is far superior. Thanks for the MACD settings.
But the matter is when i try to add 50,3,0 its not taking 0. I stopped using MACD. Not sure this indicator even works anymore due to oversaturation. Always faked out by false divergences. Try using a 5, 13, 1 setting and watch for nice divergance set ups at the end of a run and combined with some pivots or support and resist and she works really well, on any time frame to. What I mean by nice divergance is nice highs and lows on the macd not just crappie little highs or lows.
I suggest you try MACD 20, 50, It'll filter the weak signals, but at the cost of a later entry. Exits can be done in 2 steps: MACD is very reliable indicator you can work with low time frame but not so low like 1 minute that you mention. Have a nice trading Which is best MACD settings for 1 min chart?