Magic Forex Technique BB+MACD+STOCHASTIC

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BB+MACD+STOCHASTIC

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MAIN CHART Settings

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Click to Enlarge Name: BMS 1.png Size: 247 KB

MACD STOCHASTIC settings

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Click to Enlarge Name: BMS 2.png Size: 234 KB

INDICATORS NEXT POST

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[emaillocker]

File Type: tpl STOCHASTIC DISPLAY .tpl   37 KB | 24 downloads
File Type: ex4 2MA Crossover - Copy.ex4   9 KB | 31 downloads
File Type: ex4 Bands.ex4   10 KB | 23 downloads
File Type: ex4 GG-TrendBar - Copy.ex4   6 KB | 25 downloads
File Type: ex4 ipivot button 1.1.ex4   37 KB | 26 downloads
File Type: ex4 lot dimension calc.ex4   9 KB | 24 downloads
File Type: ex4 MA_In_Color - Copy.ex4   12 KB | 23 downloads

[/emaillocker]

 

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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Name: SELL 1.png
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See also  PaGaLeO RhythmDancer EA´s

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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.