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MACDICHIMAug Strategy
MACDICHIMAug is a strategy that uses MACD and ICHIMOKU. It uses MACD (25,48,16) and ICHIMOKU (9, 26, 52) periods to determine buy or sell positions. If ICHIMOKU (Chikou Span < Tenkan Sen and Chikou Span < Kijun Sen) and MACD (MACD < 0), buy position is opened and existing sell position is stopped. If ICHIMOKU (Chikou Span > Tenkan Sen and Chikou Span > Kijun Sen) and MACD (MACD > 0), a sell position is opened and existing buy position is stopped. For each position opened, the equity is tested, i…
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hi friends,
in strategy contest my robot use MACD AND RSI level to enter and make profit.
in y opinion, these two indicators are the better one to have nice entrie.
tell me what do you think about this? if you use it too ? or if ther one are better for you.
kind regards friends
in strategy contest my robot use MACD AND RSI level to enter and make profit.
in y opinion, these two indicators are the better one to have nice entrie.
tell me what do you think about this? if you use it too ? or if ther one are better for you.
kind regards friends
EURUSD DOWN
EUR/USD formed an (bearish) outside day pattern yesterday and momentum has turned bearish. Hence, we see a deeper dip to 1.1450 Above 1.1375 needed to question immediate downside.
On our way to the bottom of the Darvas Box
We are in a huge Darvas Box on the weekly chart, under the Moving Averages on the weekly, daily and 4 Hours. According to MACD we are sellers with convergence to the downside on the weekly and the daily time frame. Currently looking for a sell at 82.20, add to my position at 79.80, at 78.96, at 77.46 and every time when I have a correction ending with engulfing candles to the downside.
My final target is: 76.34
(Ones we hit the target and we still have convergence to the downside my next tar…
NZDUSD
NZD/USD has broken a downtrend, MACD is looking to enter the positive territory and 0.6540 level has provided support.
EURUSD UP MOVE
Long Position above 1.1740 with targat at 1.1800
AUDUSD DOWN TREND NEXT MONTH
On H4 chart, the instrument could not consolidate above the strong resistance level of 0.7443. Bollinger Bands reverse upwards, and the price range expanded, which indicates the continuation of the uptrend. MACD histogram is in the positive zone with its volumes growing and keeping the buy signal. Stochastic left the overbought area having formed the sell signal.
GBPUSD DOWN TREND NEXT MONTH
On H4 chart, there is a return of the downward dynamics after correction, and the instrument is traded between the lower and middle lines of Bollinger Bands. MACD histogram is near the zero level, and its volume is minimal, the signal line is reversing down.1.3100, 1.3080, 1.3050, 1.3025, 1.3000.
EURUSD DOWN TREND NEXT MONTH
The quantitative easing program will be completed by the end of this year, as it was planned. Thus, in the global perspective, the dollar still remains a more attractive asset for investment, given the differential in interest rates in the US and the EU.
USDJPY UP TREND NEXT MONTH
Taking the lower boundary of the ascending channel is unlikely but the instrument may unsuccessfully test the level of 110.50 once again and go to the growth stage. In the medium term, the pair can be expected at the local highs of 112.40, 113.25. The instrument can transfer into a more sloping ascending channel, but it should continue growing. Indicators on the D1 chart and above confirm the forecast: MACD shows the preservation of the high volume of short positions, and Bollinger Bands are dir…