Welcome! Dear Traders,you are reading my forex trading experiences. Forex trading is a very profitable and very risky business opportunity. If you are a beginner, calm down,have a cup of coffee, and convince yourself that you need to study hard to win in forex trading. Obviously, the task is not easy as the statistics claim that only 5% traders win in forex trading. If you are determined, serious,and hard working, you can surely be included in the group of winners.

MOVING AVERAGE AND MACD TRAIN: 50 SMA,100 SMA AND MACD TRADING SYSTEM

yourFXguide-Hello traders, a successful trading system is the obligatory technical analysis tool to maintain a profitable statement. I myself very happy to find this trading system, and to apply it on my trading platform. So far the trading system is very useful to me. I am really impressed !!!

First of all, let me explain how to install this trading system and what are the components. This trading system composed of 50 periods Simple Moving Average, 100 periods Simple Moving Average and MACD Histograms. 

When does the system signal a long entry? 

A long entry is suggested if the following conditions are met: 
  • Price is above the 50 period and 100 period Simple Moving Average.
  • MACD histograms have turned into positive territory. 
The stop loss for the long entries can be placed 20 pips lower than the 50 period or 100 period Simple Moving Average or at the previous swing low.

When does the system signal a short entry? 



A short entry is suggested if the following conditions are met: 
  • Price is below the 50 period and 100 period Simple Moving Average.
  • MACD histograms have turned into negative territory. 
The stop loss for the short entries can be placed 20 pips upper than the 50 period or 100 period Simple Moving Average or at the previous swing high.

This trading system is applicable on charts of any time frame hence applicable by any type of traders.

Dear Traders, If you have any question regarding this post, you can drop it into the comment section below.You can also share your experience while trading with this trading system.

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