MACD with Inside Bar Trading

MACD with Inside Bar Trading is a trend system based on Inside Bar filtered by MACD.
Time Frame 15 min or higher.
Currency pairs: majors to up 240 min, any with daily and weeky time frame.
Rules MACD with Inside Bar Trading
Buy signal
When the MACD is above the zero line or going upward.
Place a pending order 1-2 pips above the high of the Inside bar.
Sell Signal
When the MACD is below the zero line or going downward.
Place a pending order 1-2 pips below the high of the Inside bar.
Stop Loss place stop loss below the low of the Inside Bar in case of a buy trade, and above the high of the Inside Bar for a sellt trade.
Make profit with a trailing stop to lock in the profits or with predetermined profit target.
In a range market when price is consolidation this strategy would not be effective generates false signals– we could have Inside Bars forming due to price having small ranges, and the MACD would be also flat around the zero line.
In chat in the picture we have 4 trades with Inside Bar and MACD
In the marked (1) – we have the MACD with an Inside Bar. The MACD line is above zero that indicating a up momentum. we place our buy order above the high of the Inside bar.
In the marked (2) – the MACD histogram is below the zero level the lines have crossed downwards, This indicates a negative momentum and place a sell order below the low of the Inside bar. 
In the marked (3), we place a sell order below the low of the inside bar, but this pending order is not filled because the price retraces up.
In the marked(4) – the MACD lines are in the negative territory. We have placer sell order below the low of the Inside bar.

MACD with Inside Bar Trading

MACD with Inside Bar Trading
Below the link for the download of the template MT4 Inside Bar with MACD: Inside Bar indicator and MACD 2 line indicator:
https://drive.google.com/file/d/0Bwjv2Pbf48itUmhyU0RpUFpTWTg/view?usp=sharing

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