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Stocks & Commodities V. 26:3 (12-15): Forex Focus: An Macd Trading System By Alexander Sabodin
forex focus: an macd trading system by alexander sabodin this simple trading system was applied successfully to forex pairs using the moving average convergence/divergence. see if itll work for you. today, we see advertisements of different automatic trading systems at numerous websites and forums. if we took those ads seriously, all we would have to do is click the mouse and money would pour into our pockets. not only that, such black boxes usually dont come cheap. keeping all that in mind, lets try to create our own trading system. as long as you dont lay claim to the holy grail, a trading system can help you make that trade. the macd trading system to build our own trading system, we will use the following indicators: 1. bollinger bands: period 20, deviations 2, shift 0, apply to close. 2. macd: fast exponential moving averages (ema) 12, slow ema26, apply to close. 3. stochastic oscillator: %k period 5, %d period 3, slowing 3, price field close/close....
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