MACD Crossover Forex Trading Strategy|macd histogram simple forex trading strategies
MACD Crossover Forex Trading Strategy|macd histogram simple forex trading strategies
The indicator consists of two lines on an area and a histogram. Above you see a zoom-in image of the MACD Forex indicator that shows the way it will look like at the bottom of your chart. The MACD indicator trading strategy involves making trading decisions based on signals that come from the indicator.
\\\\\\\\\\\\\\\\\
MACD is one of the most used technical indicators in Forex.
MACD stays for Moving Average Convergence Divergence.
The indicator consists of two lines and a histogram.
It falls into the category of the leading indicators and has trend confirming character.
The Moving Average Convergence Divergence formula concerns three components:
MACD Line = 12 EMA – 26 EMA
Signal Line = 9 EMA of the MACD Line
MACD Histogram = MACD Line – Signal Line
There are three basic signal types related to the MACD Forex indicator:
MACD Crossovers: Bullish and Bearish MACD Cross
MACD Divergence: Bullish and Bearish MACD Divergence
Overbought and Oversold MACD Signals
MACD Crossover Strategy:
Open trades on crosses of the MACD lines.
Enter in the direction of the crossover.
Stay until you see opposite MACD cross.
MACD Divergence Strategy
Buy on the second cross when the MACD bottoms are increasing, and the price bottoms are decreasing.
Exit when you see opposite MACD crossover.
Sell on the second cross when the MACD tops are decreasing, and the price tops are increasing.
Exit when you see opposite MACD crossover.
MACD Histogram Strategy
Open when you see a histogram bar that is opposite to the general histogram trend.
Stay in the trade until you see the exactly opposite event.
\\\\\\\\\\\\\\\
Welcome Friends to 's Biggest Technical Analysis Youtube Channel
Our Dream is to make you an Expert in Trading any Market, be it Indian Stocks, Commodity or Forex Trading. We plan to achieve that by:
* By providing you A-Z of Technical Analysis and Fundamental Analysis training,
* By Giving you tools, Strategies and Indicators to know the markets better,
* By Providing you a Demo trading platform free of cost to test the waters
* By Providing you a Mobile App, to Monitor, Study, Analyze and trade on the Go.
* By Providing you Free Honest Product reviews related to Trading.
Our Channel has Videos basic videos from what is Technical Analysis to advanced concepts like Trading Divergences, we have training videos in Trading Psychology, Money Management along with hardcore Technical Analysis videos.
Wishing you all the very best.
.....................................................
forex trading strategies
best forex trading platform
forex trading for beginners
forex trading tutorial
what is forex trading and how does it work
forex trading reviews
forex market live
forex trading wiki
orex trading in india
best forex trading platform
forex trading for beginners
forex trading tutorial
forex trading reviews
functions of foreign exchange market
what is forex trading and how does it work