Forex “MA Pips Carrier Trading System with MACD and Stochastic Oscillator Filter” – The MACD indicator is considered by many, including myself, to be one of the most reliable of all the existing indicators in technical analysis— when used correctly.
And The Stochastic Oscillator indicator will help us with making a final confirmation of this trade and it will determine the exact point to enter the market.
- Time Frame: H1 or higher
- Currency Pairs: Any
MetaTrader Trading Indicators
- Pips Carrier Alert
- Moving Average
- Stochastic Oscillator
- MACD Complete
BUY Rules
- Moving Average Channel: Candle closed above the 5 EMA (high)
- Stochastic Oscillator: Bullish (Blue line > red line)
- MACD Complete:
- Blue line > Red line
- The histogram above 0 line
SELL Rules
- Moving Average Channel: Candle closed below the 5 EMA (low)
- Stochastic Oscillator: Bearish (Blue line < red line)
- MACD Complete:
- Blue line < Red line
- The histogram below 0 line