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Macy - Strategyuser Guide
Macy - Strategyuser Guide
Version 2
Forex Strategy
This is EURUSD H1 chart. So like this you can add this for any pair.
At first, you have to load my indicators to your MT4 installation folder.
I have explained that on my video how to do that.
Now Let’s take a look how to enter a position using this strategy.
The requirements for the position using this strategy are,
Stoch should be over sold or over brought
Buy Position
So this is a signal for buy. Just wait for the cross lines of may_i1 indicator
and watch out the stoch indicator.
Sell Position
my_i1 indicators is on the crossing lines. This is signal for sell position.
Here another sample for buy position
Always wait for stoch over sold and until cross the lines of macy_i1 indicator.
Another sample for sell
In this cause shows over brought signal of stoch and cross the lines of macy_i1
indicator.
This is the sell signal.
Note - You can use this for and pair you want
As well as you can use any time frame for this strategy.
Stop Loss and take Profit
Take profit should be around 15 to 20 pips per trade if you using h1
timeframe.
And stop loss also should be about 10 pips.
H4 timeframe Sell Position
Now take a look at the h4 timeframe. According to this chart you can enter this trade from
here which is 1.14220. On that time, just look at the stock also indicates over brought and
Macy_i1 also cross the lines.
On this trade Take profit was 80 pips and stop loss 40. That mean 1:2 risk reword ratio. This
was awesome.
H4 Time frame Buy position
Take a look at this chart. This is GBPAUD chart. One of my favorite. Just look at the verticle
line that I have drawn. Macy_i1 is trying to crossing the lines and stock indicates oversold
position. And then, after close this candle, you can put a trade once open next candle.
And according to this position the entry was 2.125722
Stop loss was 2.122448 about 30 pips from entry
Take profit was 2.134609 about 30 pips from entry.
So this trade risk reward was 1:3. Awesome.
So this is how entry the trades. I have explained more entries on my video guide. Just take a
look there.