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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• Use a demo account or a small live account first to practice this trading system

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

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

• GoldBands
• MACD
• BBands Stop

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

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

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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