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Forex & Stocks GoldBands MACD Trading Strategy (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.

Trading NOTES

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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


  • 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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