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Forex H4 Time Frame Trading with KG-MACD Line “Custom” Indicator


High accuracy “H4 Time Frame Trading Strategy” with KG MACD Line “Custom” Indicator – KG Moving Average Convergence Divergence Line Indicator.

Trading NOTES

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This Moving average convergence divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of prices.

  • Time Frame: H4
  • Currency Pairs: GBPUSD and EURUSD

 

MetaTrader Trading Indicator
  • KG MACD Line
  • Moving Average

 

How to install “KG-MACD Line System

  • Download “TraderVersity.Com-KGMACDline” (Zip/RAR File).
  • Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
  • Copy the “TraderVersity.Com-KGMACDline.tpl” file (template) to your Metatrader Directory …/templates /
  • Start or restart your Meta Trader Client.
  • Select Chart and Time frame where you want to test your Forex system.
  • Right-click on your trading chart and hover on “Template”.
  • Move right to select “TraderVersity.Com-KGMACDline” trading  system and strategy
  • You will see “KG-MACD Line System” is available on your Chart

 

BUY Rules


  • KG MACD Line: Bullish
  • Moving Average: Price above the MA Channel

 

SELL Rules

  • KG MACD Line: Bearish
  • Moving Average: Price below the MA Channel

 

Trading NOTES
  • Place the initial stop loss above the previous candle
  • Risk Reward Ratio 1:2 or 1:3
  • The most recommended time frame is H4

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