So goal is the pivotline?
And what concerning the macd´s must the be posetive for me to go long?
best regards
So goal is the pivotline?
And what concerning the macd´s must the be posetive for me to go long?
best regards
Yes,you're right regarding the goals
For one to really go long macd has to be positive about 1 minute chart,for long term long position 5min macd should be positive,however please use the pivot lines,very important.
Additionally using macd you're able to identify divergences very nicely,look at the 5 minute chart ,for the divergence.
How often do ypou get a signal how many pairs do you trade on it appears not to come to often a sign when all the criteria lines up often the macd is overdue and are not posetive when the ma´s have crossed but a little bit afterwards.
best regards
It depends on the volatility of a day but using this system you would not get signals every 5 minutes,sorry mate.
The purpose of this system would be to grab at least 10-15 pips per transaction, so you need to have patience,signals are a bit slow but according to my exprience they're great, don't forget we're trying to make MONEY
Every 3 day atleast one sign?
Yes I watch the pivot lines is usually 25 pips so between them therefore 10 -15 pips like you say but can it be so for you also that you wait and take the signal after macd have alter or is the macd in you way frequently so you just wait for the ma´s did you know the question that my english Isn't the best
best regards
MACD is there to confirm the fashion,MA are there to demone the trend direction,
just stick to the system and since you use the system,begin using your insticnts and have a position.
Sometimes you could get 5-6 signals each day.
Im a whrong here on your images in place 9, 10 and 19 the red crosses the blue and then the yellow. Should it not be red crosses yellow and then blue? That the macd are pointing in the direction that you take positions so ill get that.
best regards