4 Hr MACd Trading Strategy

This section is specially dedicated to a specific Forex trading method by Mr. Phillip Nel. He built the 4 hour MACd trading strategy and generously share the strategy with everyone. Yes, it is available for download, learn and use without having to spend a fortune.

Descriptions

The 4 Hour MACd Forex Strategy is aimed at helping traders to identify high probability trades through the use of moving averages, trend lines, MACd, and most importantly the market rhythm. This system averagely fetch 200-300 pips with 10-15 trades per month.

Settings

Moving Averages:
First of all are the moving Averages that we are going to use.
1. 365 Exponential Moving Average (365EMA)
2. 200 Simple Moving Average (200SMA)
3. 89 Simple Moving Average (89SMA)
4. 21 Exponential Moving Average (21EMA)
5. 8 Exponential Moving Average (8EMA)

MACD settings:
1. Fast EMA 5
2. Slow EMA 13
3. MACD EMA 1

Horizontal Lines:
Three sets of horizontal lines above and below zero should be drawn on the MACD
window at levels as well as one on zero
1. Level +0.0015
2. Level +0.0030
3. Level +0.0045
4. Level –0.0015
5. Level –0.0030
6. Level –0.0045

Your chart should look like this;

(Click to enlarge)