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Scalping on parabolic and macd (profit 31 points)

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Scalping on Parabolic and MACD (profit 31 points)



You can trade on any currency pair (“Scalping on Parabolic and MACD” did very well on EURUSD and GBPUSD). Timeframe - M15 and above (better M30-H1).
For real trading better to choose a reliable broker, for example Forex4you.

The position is opened when the signals Parabolic and MACD-combo match. This means that the blue and red (dashed) line MACD-combo crossed, and Parabolic “moved” their point on the opposite side of the candle. Important: you need to filter out false signals. For example, if the point of the Parabolic “jumped” on the other side, and the MACD-combo fast salesasia average (blue) crossed the slow (red dashed line) from top to bottom, the following 1-3 bars (candles) signals Parabolic and MACD-combo should not change (to change direction). We open a sell position.

If these signals on the next candle Parabolic again “jumped” signal is false, the position is not open.

To open a position (direct or pending order) 3 ways (fast MA):
1. if the intersection of MA was the first order we put on the current point of the Parabolic (pending order)
2 if Parabolic “jumped” first, and then came the signal from the MACD-combo, the order is set at the level of the closing price of the candle (immediate execution).
3. if both signals coincide in time, can be opened on the closing price of the candle.

The size of the Take Profit - 10-30 points.
Stop Loss:
1. standard option - 15-20 points, then Take Profit set 2-3 times more
2. basic version (recommended):
- when buying below the Low of the previous candle or Parabolic point
- when the sale is above the High of the previous candle or Parabolic point.

Let us consider an example. EURUSD, M30.

 



9.30 12.04.2011 MACD-combo gives a buy signal. On the next candle Parabolic confirms the purchase. Because the first signal from the moving average, we put a Buy Stop at the level of the previous value Parabolic (1,4422). The candle 10.00 order to work, the price is a little rolled down, and then went up. The candle 11.30 it reached its maximum (1,4453) and did a rollback, which could close us using trailing stop (if it was installed). In any case, we have earned from 16 to 31 points.

The second point to enter the market - 9.00 am the next day. Also open the buy order at the level of the previous values of the Parabolic (it coincides with the closing price of the candle - 1,4509). Profit +9 points at closing manually (1,4518).


Remember that the profitability of trade is highly dependent on your chosen broker!



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