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In this strategy, I'm using 2 indicators: MACD(9,12,26) and SMA(26).
The strategy trade GBP/USD on 10 minutes time frame with amount trade
3M, slippage 3 pips, stop loss 199 pips, take profit 25 pips, trailing
stop 5 pips. For SMA, I'm using period = 26 in a 10 minutes time
period to know if the instrument is bullish or bearish. For MACD,
I’m using shift 0 and 1 for current and previous MACD to see
movement of the trend in 10 minutes. Opens sell positions if MACD
histogram move from above zeroline (previous MACD) down to below
zeroline (current MACD) and last bid candle close below SMA. Open buy
positions if MACD histogram move from below zeroline (previous MACD)
up to above zeroline (current MACD) and last bid candle close above
SMA
The strategy trade GBP/USD on 10 minutes time frame with amount trade
3M, slippage 3 pips, stop loss 199 pips, take profit 25 pips, trailing
stop 5 pips. For SMA, I'm using period = 26 in a 10 minutes time
period to know if the instrument is bullish or bearish. For MACD,
I’m using shift 0 and 1 for current and previous MACD to see
movement of the trend in 10 minutes. Opens sell positions if MACD
histogram move from above zeroline (previous MACD) down to below
zeroline (current MACD) and last bid candle close below SMA. Open buy
positions if MACD histogram move from below zeroline (previous MACD)
up to above zeroline (current MACD) and last bid candle close above
SMA