30 min MACD Bounce EMA trading system is an interesting trend following strategy.
Time Frame 30 min.
Forex indicators:
144, EMA, close,
34 EMA close,
MACD oscillator (12, 26, 1)
Trading rules 30 min MACD Bounce EMA Trading System
34 EMA > 144 EMA trend up.
34 EMA <144 EMA trend down.
Buy
Trend up: 34 EMA > 144 EMA trend up.
MACD Histogram > 0 level.
Entry when the price counce 34 EMA.
Exit initial stop loss on the previous low.
Profit Target ratio 1:15 stop loss.
Max 2 entris in the same direction.
Sell
Trend down: 34 EMA < 144 EMA trend up.
MACD Histogram < 0 level.
Entry when the price counce 34 EMA.
Exit initial stop loss on the previous low.
Profit Target ratio 1:15 stop loss.
Max 2 entries in the same direction.
Trading examples
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