Title
Advanced MACD
Element(s)
  • MACD (25, 41, 21)
  • RSI (8)
  • Stochastic
  • Candlestick (Hammer, Engulfing, Shooting star, Piercing Line, Dark Cloud …)

Buy signal

After price has fluctuated inside a channel, or downward trend is speculated to proceed in an opposite direction, if MACD line and bars are lower than its level 0, at the time that MACD line passes bars toward bottom then a Buy signal is generated.

Our developed MACD can be exploited with another pattern or indicator.

Convergence, developed by RSI or Stochastic, or a significant reversal candlestick (Bullish Engulfing, Hammer, Piercing Line or Tweezer Bottom) can be considered as a strong confirmation when a Buy signal is generated on the point that MACD line passes bar toward bottom (both MACD line and MACD bars are on the down phase).

  • Entry Price: On the spot where MACD line crosses bars toward bottom
  • Take Profit: Based on other confirmations from 22 to 63 pips over Entry Price
  • Stop Loss: 21 to 40 pips lower than Entry Price

Sell signal

After price has fluctuated inside a channel, or upward trend is speculated to proceed in an opposite direction, if MACD line and bars are higher than its level 0, at the time that MACD line crosses bars toward top then a Sell signal is generated.

RSI
Divergence/Convergence
MACD + Stochastic
Candlestick

Our developed MACD can be exploited with another pattern or indicator. Divergence, developed by RSI or Stochastic, or a significant reversal candlestick (Bearish Engulfing, Shooting Star, Dark Cloud or Tweezer Top) can be considered as a strong confirmation when a Sell signal is generated on the point that MACD line passes bar toward top (both MACD line and MACD bars are over level 0).

  • Entry Price: On the spot where MACD line passes bars toward top
  • Take Profit: Based on other confirmations from 22 to 63 pips below Entry Price
  • Stop Loss: 21 to 40 pips higher than Entry Price
Compatible markets: All Range-Bound markets and symbols Suitable time-frames: M30 , H1 ,H4 , D1 , W1 and MN

Advanced MACD Strategy

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