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GoldBands MACD Trading System (6951)

High accuracy GoldBands MACD Trading System – The Moving Average Convergence Divergence indicator is a momentum oscillator primarily used to trade trends. Although it is an oscillator, it is not typically used to identify overbought or oversold conditions.

This “GoldBands MACD” is a very simple and easy trading system.

  • Time Frame: M30 or higher
  • Currency Pairs: Any


MetaTrader Trading Indicators
  • GoldBands
  • MACD
  • BBands Stop


BUY Rules

Trading NOTES


  • GoldBands: Blue lines
  • MACD:
    • Blue histogram
    • The Histogram > MA line
  • BBands Stop: Blue line


SELL Rules

  • GoldBands: Red lines
  • MACD:
    • Red histogram
    • The Histogram < MA line
  • BBands Stop: Red line


Trading NOTES

Traders should be aware that the MACD acts as a trend-following signal and as such, it may not foretell large, quick moves in security.


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