2 Sars and MACD Trading System

Sars and MACD Trading System

Time Frame 5 min

Currency Pairs:

EUR/USD

GBP/USD
AUD/USD

Forex Indicator:

SAR (0.011, 0.11) – on the chart;
SMA 8 – on the forex chart;
MACD (5, 8, 9) + SAR (0.01, 0.1) on this MACD.

Long Entry

when the price is greater than 8SMA and
the two SARs are in agreement.

Short Entry

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when the price is less than 8SMA and
the two SARs are in agreement.

 

Profit target:

EUR/USD 8 pips, Aud/USD 6 pips, GBP/USD 10 pips

Stop loss:

previous swing and max 12 pips.

In the picture 2 Sar and MACD forex
system
in action.

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strategy.

  • Platform: Metatrader4
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • How to install MT4 indicator?
  • 1. On the desktop, double-click to open the MT4 trading platform software you installed.
  • 2. Click on “File” – “Open Data Folder” in the upper left corner, double-click the MQL4 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT4, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window