Who’s online There are currently 5 users online. Trading with MACD indicator is widely used by Forex traders. Let’s strategia forex macd crossover a glance at the very basis of currencies trading with MACD indicator. We will need only MACD indicator with standard settings: 12, 26, 9.
Any time frame as well as any currency pair can be used. Exit rules: when MACD lines next crossover occurs. Advantages: very simple approach and can give good profitable entries. Traders may want to change MACD default settings depending on the currency and chosen time frame. Disadvantages: you will need to sit and monitor it again and again. MACD has little use in sideways trading market.
It is also never used alone, but rather in combination with other indicators. 2 lines to cross with a macd? 4 macd has 3 variables, for example, 12, 26, 9. 12 and 26 as it is the difference between the 12 and 26 moving averages. 9, is the 9-period moving average of the histogram. Same 9 EMA is used to draw a histogram. 9 EMA on the top of your MACD.