Magic Forex Technique BB+MACD+STOCHASTIC

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BB+MACD+STOCHASTIC

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MAIN CHART Settings

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MACD STOCHASTIC settings

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INDICATORS NEXT POST

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I will show some live set ups this week and explain the RENKO charts for confrmation

BUY SET UP
above BB
1 Above 2MA crossover
2 Above MA50
3 Above 20SMA
4 MACD above 0 line GREEN
5 STochastic on 80 line

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The GG TREND BAR shows the SARS position on the last candle
when you live trade the 4H and the 1H should be the same colour
Green for Buy Red for sell. Also denotes strong trend by the daily tf showing the same colour.

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Sell Set UP
Price bellow Lower BB
price below 2MA cross
1 Price below red SARS
2 Price below 2MA cross
3 below 20Ma
4 below 50ma
5 MACD red below 0 line
6 Stoch below or on 20 line
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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.