I find it difficult to follow MACD signals at times of good strong trend.
MACD gives clear signals against the trend which are often dangerous, and almost none against the trend. So it seems that during the trend one can enter using 5-min strategy. enter into trade at pullback between 8 and 21 mas and then enter with small s/l under 21 ma hoping that trend continues.
What would be the best technique entering into the trend?
anyway here is improved MACD (I hope). It shows 2 colors for up movement and down movement. This will allow to clearly see change in direction. It also scaled in pips. This way all currencies will have the same levels regardless of decimal point. It is preset for H4-300pips strategy 5-13-1 with levels set at 45,30,15,-15,-30,-45.
MACD gives clear signals against the trend which are often dangerous, and almost none against the trend. So it seems that during the trend one can enter using 5-min strategy. enter into trade at pullback between 8 and 21 mas and then enter with small s/l under 21 ma hoping that trend continues.
What would be the best technique entering into the trend?
anyway here is improved MACD (I hope). It shows 2 colors for up movement and down movement. This will allow to clearly see change in direction. It also scaled in pips. This way all currencies will have the same levels regardless of decimal point. It is preset for H4-300pips strategy 5-13-1 with levels set at 45,30,15,-15,-30,-45.
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MACD_H4_300_v100.mq4
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