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Traditional MACD filtered with RSI

Traditional MACD with RSI is a simpe and effective trend momentum trading System. This system is based on The MACD oscillator is have created by Gerald Appel . The MACD line is the difference between a "fast" EMA and a "slow" EMA. The Signal line is an EMA of the MACD line. In this strategy we have also the RSI for to filter the crossover signals of MACD.
Markets: Forex Majors and Index.
Time Frame 30 min, 15 min.

Indicators:
Traditional MACD: (34, 48, 30).
RSI (14, close) with level 55 and 45.

Trading rules Traditional MACD with RSI

Buy
When MACD crossing upward and RSI is > 55.

Sell
When MACD crossing Downward and RSI is < 45.

Exit with profit target od 20-25 pips depends by currency pairs.
Initial stop loss on the previous swing.

Vantages: This trading system is very simple and profitable ad you can use all platforms for trading.
Disavantages: In sidewais market It can generates false signals.
Traditional MACD filtered with RSI
Traditional MACD filtered with RSI

Traditional MACD filtered with RSI
Traditional MACD filtered with RSI



Traditional MACD filtered with RSI Reviewed by learn forex trading on April 18, 2015 Rating: 5

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