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

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

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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.

Share your opinion, can help everyone to understand the forex
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
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