Macd with ema 200, 1:2

Experts Forex

Specification

Moving average convergence divergence (MACD) (12-26-9)                                                       200 day exponential moving average (EMA).     LONG SIGNALS:                                               take a long position when candle closes ABOVE 200 EMA and MACD line crosses up the signal line BELOW the zero line of the histogram.          SHORT SIGNALS:                                                 take short position when candle closes BELOW 200 EMA and MACD line crosses down the signal line ABOVE the zero line of the histogram.       STOP LOSS:                                                     the stop loss will be set at the previous swing low or swing high.                                           PROFIT TARGET:        1:2                                 MONEY MANAGEMENT:  MM risk percentage 1%.   MQL4

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