Trading with MACD – Simple Effective Strategies Explained

Forex trading cannot be consistently profitable without adhering to some Forex strategy. It takes time and effort to build your own trading strategy or to adapt an existing one to your trading needs and style.

For this reason, the trade should be closed when you receive these confluent exit signals. One way to exit a MACD trade is to hold until you receive an opposite signal.


Mar 13,  · 🔴 Forex Signals EUR/USD - USD/JPY M5 - H1 Live Stream Forex Signals watching Live now Trading Strategien - Die einfachste DOW-Strategie der Welt - Duration:

To install OCTL2P you should download setup file to your computer and run it to start the installation. Click Next in the installation dialog box. Read the license agreement, select the check box I accept the agreement and click Next to proceed. Indicate directory where you previously installed MetaTrader 4. To start the installation click Install. Click Finish to close the installation dialog box. Installed EA should be seen in the list. Double-click on OneClickTradingLevel2 or simply drag and drop it onto the chart.

Metatrader 4 is a modern and easy-to-use trading platform for online trading. It ensures round-the-clock access to financial markets and market information as well as quick order execution. With Metatrader 4 traders may take advantage of using Expert Advisors, Indicators and develop their own trading strategies. Thanks mate - sometimes its nice for experiences trader to have a refresher on basic strategies. I enjoy reading your articles, but could you mare them print friendly so I can take them with me, for when I'm not connected to a computer?

I know this article is targeted at beginners, but I think it's a great reminder for experienced traders as well, who sometimes forget the basics when they are focusing on more complicated strategies.

Helpful thank you but i guess in video it will be better. Good staff, did you back tested or traded them on regular basis and could you shear expected results? Thanks very much I started picking some pieces that make sense to. Hopefully I will start trading with purpose. HI Dale, Three great strategies, some I was previously aware of, however appreciate the additional detail you go into regarding the use of quality control and getting your levels of support and resistance correct and then using those to trade from and in turn identify the difference between a good setup and a potentially bad one.

Thanks very much I can see the light. I am sure your building my confidence after a big disappointment. This is a great and an eye opening article I went back on some history on my charts and they all showed up.

Thanks Dale I enjoy all your articles. Merci très instructif good article very informative Thank you. You gave me the missing part of the puzzle which was right in front me and i ciuldnt see it. Dale, Many thanks for this very simple but mind blowing tutorial. It is amazing how much sense things make in trading when it is written down and can be easily read or glanced at either daily or weekly.

Simple and easy to understand. I'm still studying with a demo account and will put these strategies to the test. Have lots to learn and have followed your blog religiously. Keep the articles coming, please! Hello, Very informative and to the point. I was already missing content from you. It's been a while. I am now trading on the daily chart doing price action and swing trading. It is coming out nicely and much more peaceful than lower time frames which were driving me nuts.

Thanks for the nutritious input. Very informative and well explained will be looking for these setups on my charts. You do explain things in a very simplistic way that makes it easy for a new forex trader to understand.

Thank you very much Dale, I alredy practiced with the doji: The other two are amazing too. A question, do you sometimes use the Ichimoku? I like to have a look to that on the daily. Really just previous price levels shifted forward. Have been working my way through your course over the last few months and this is a great summary of some of your key points. Thank you for sharing such information, you just gave me what I needed.

I hope I'm going to do better now in my trades. Thank you Dale, a very good presentation Wayne. The doji section is an eye opener. I'll definitely look into trading dojis at key levels in the market. What best technical analysis can be used for the three strategies you presented? It was so helpful for me. I like this very nice and structured presentations with nice non-messy charts to look at with good text.

Nice to be reminded of doji, flags and rejection candles. Very valuable information about pin bars not working well in correction areas.

Like your work very much and the simplicity behind it, not easy to do. Amazing strategies so easily learned from simple and to the point language.

These form the basis of newbies forex crutch. Started trading on daily charts forex and shares using moving averages only. Charts look good but stop loss a lot higher due to swings. Im going to do this full time in 3 weeks time to see if I can make a modest living from Trading. I'm sure this is what I've needed to get my trading back up to par! I do like you're work and the simplicity of the strategies. With the war room package, you said about the trade alerts to your phone , does your computer at home have to be on for you to get the alert setups on your phone during the day?

Yes the battle station needs to be monitoring the market always. Been seeing your video on youtube recently. Really great content and simple. I am a beginner trader. I just invest dollar for begin trade. After sees your video i can make a little profit consistently.

But more to learn on risk reward and so on. And how do i get to have the trade tools like you use on mt4. Thanks to you from Malaysia. Great article and been watch your video on youtube. Very useful and simple for beginner like me. And how do i get the trade tools like you use on mt4. I enjoy reading your articles sir, its so awesome and newbie friendly.

One way to exit a MACD trade is to hold until you receive an opposite signal. So a contrary MACD signal would be your signal to close out your trade. However, there are many other ways to manage your trade based on your personal preferences.

The image shows a couple of trades on the chart that incorporates the MACD lines and histogram. The first trading signal comes when the price action creates an Inverted Hammer candle pattern after a decrease. A few periods later we see that the MACD lines create a bullish crossover. These are two matching bullish signals, which can be a sufficient premise for a long trade.

A stop loss order should be placed below the bottom created at the moment of the reversal , as shown on the image. This would have been an optimal exit point. After the creation of the last high, we see a reversing move, followed by a trend line breakout.

At the same time, the MACD lines cross in bearish direction. These are two separate exit signals, which unfortunately come a bit late. If you closed the trade here, the trade would still have been slightly profitable. One thing to note is that the trend line breakout and the bearish MACD crossover generate matching short signals on the chart, meaning that this could provide for a short trade opportunity.

The price starts decreasing afterwards with the creation of a new bearish trend. The MACD lines decrease as well. After a 6-day decrease, the two MACD lines create a higher bottom, while the price action is still decreasing. This creates a bullish MACD divergence on the chart. As such, you should exit the trade when the MACD lines cross upwards. This happens just a couple periods later, confirming the Bullish Divergence pattern.

Divergence trading is one of the most popular and effective Forex strategies. However, one downside with Divergence is that prices can stay in a divergent formation for quite some time without reversing, and it can sometimes be difficult to know when to enter this type of counter trend setup.

Keeping a close eye on emerging price action patterns can be helpful in trading divergences. The image depicts how we might trade a MACD divergence pattern. The image begins with a sharp price drop. Suddenly the decrease slows down. At the same time, the MACD not only slows down, but it starts increasing, creating a bullish divergence.

A bullish MACD crossover appears afterwards. You could have opened the trade based on this signal. If you did, you would likely have gotten stopped out on this first entry.