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Long Term Double MACD MT5

Long Term Double MACD Strategy with EMA Trend Confirmation


This strategy uses a leading and lagging MACD indicator. The leading indicator gives the entry signals, and the lagging indicator gives the exit signals.


Works best on Forex pairs at H1 and higher. It works best on low volatility pairs. If you want to use it on shorter Timeframes then put the default MACDs significantly out from what they are. The long term EMA would need some fine tuning after that.


When not using the trailing stop loss you should set realistic stop loss targets based on the amount you are willing to risk each trade.




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Stephen Carmody
1 (1)
Long Term Double MACD Strategy with EMA Trend Confirmation This strategy uses a leading and lagging MACD indicator. The leading indicator gives the entry signals, and the lagging indicator gives the exit signals. This Expert does not use any account management and as such you should make sure to set good stop losses. Works best on longer timeframes on low volatility pairs.
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The Traders Dynamic Index is a combination of multiple indicators into a complex array of signals that can be interpreted for market behavior.  It combines the RSI, Bollinger Bands and a Moving Average , first developed by Dean Malone it has seen prominent use as it combines an often used strategy into a single indicator.  The RSI will determine an overbought or oversold phase for the instrument that will be smoothed and filtered by the MA the Bollinger Bands will then assess the amplitude a
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