#0902 | How to set-up MACD Crossover Scanner on ThinkorSwim | Day Trading Micro and E-Mini Futures

Published on May 28, 2021

Latest full length videos about Foreign Currency, Simple Forex Trading Strategy, and MACD Crossover Scan, #0902 | How to set-up MACD Crossover Scanner on ThinkorSwim | Day Trading Micro and E-Mini Futures.

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00:00 Intro
01:48 Trade Analysis
03:12 Statement Review
06:56 How To Set-up MACD Crossover Scanner

01/31/2021 (Sunday) | $0.00
02/01/2021 (Monday) | $4,478.88
02/02/2021 (Tuesday) | ($2,755.00)
02/03/2021 (Wednesday) | $1,390.00
02/04/2021 (Thursday) | ($1,790.00)
02/05/2021 (Friday) | $3,276.50

The Chicago Mercantile Exchange (CME) or the Merc is the market for E-Mini Futures and Micro E-Mini Futures.
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Simple Strategy that I have been testing the past few months.
Risk Management and Patience is Key.

SET-UP THAT I LOOK FOR:

Investigate after a MACD Crossover occurs. This will determine whether to take a Long (Bullish) or Short (Bearish) position.
StochRSI and MACD must be in agreement.

ENTRY:
Bullish Entry: StochRSI = Overbought and MACD above 0
Bearish Entry: StochRSI = Oversold and MACD below 0

EXIT:
One-Cancels-Other Order (OCO), which consist of a Stop and a Limit Order

CHARTS:
Time Chart | 20 days 5 Mins | Candle
Tick Chart | 5 Days 512t | Heikin Ashi

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I am trading for Daily Income.
Not looking for “To The Moon” type trades.

I am open to any suggestions you may have to help improve my trading.

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How to set-up a Bullish MACD Crossover Scanner on ThinkOrSwim

Enter text below to Thinkscript Editor

MACD(“fast length” = 12, “slow length” = 26).”value” is greater than MACD(“fast length” = 12, “slow length” = 26).”AVG” and MACD(“fast length” = 12, “slow length” = 26).”value” from 1 bars ago is less than MACD(“fast length” = 12, “slow length” = 26).”AVG” from 2 bars ago

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INVESTOR STATEMENT:

Earn daily income and responsibly manage risks. All income are used to pay bills and taxes, and the rest on long term investments in Tax Advantaged accounts (IRA, HSA and 401K) and Taxable Brokerage account.

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Disclaimer: This is for informational and entertainment purposes only and should not be relied upon as basis for investment decisions.

MACD Crossover Scan

MACD Crossover Scan, #0902 | How to set-up MACD Crossover Scanner on ThinkorSwim | Day Trading Micro and E-Mini Futures.

When You Do Two Things, Trading Stocks Gets A Lot Simpler.

A really good broker will be as risk-averse with your cash as you are. Common indicators utilized are the moving averages, MACD, stochastic, RSI, and pivot points. On options, preferably find one with a. 70 delta or higher.

#0902 | How to set-up MACD Crossover Scanner on ThinkorSwim | Day Trading Micro and E-Mini Futures, Search popular updated videos about MACD Crossover Scan.

My Leading 3 Technical Indications For Trading Stocks Like A Pro

Another error brand-new technical traders will have is not having precise entry and exit signals. Furthermore, the SPX 200-day MA continued to rise over the high fall and volatility, which is bullish.

The traders biggest trading tool is the system or strategy he embraces everyday to traverse this diverse market. When to enter the market (Buy and Sell a currency set), the trading system simply tells him. The buy and sell opportunities are considered as trading signals. They represents the principles of which automated trading soft wares widely called FX Robots works. There are many posts that sells Forex trading system or Robotics, however have actually not seen many that teach you on how you can create and establish your own trading system that will help you capture the relocations in the market.

1)Trend. Because many currency sets pattern really well and extremely often, Forex is great to trade. Discovering the pattern is your initial step when by hand Macd Trading. Adding a trend indication to your day-to-day, per hour and 15 minute charts will assist you determine whether you should be going long or short with your trades.

If you are fairly new to Macd Trading signals, you require to be completely aware that there are numerous technical tools that can be utilized. There isn’t one indicator that can be used alone. You require to use numerous technical trade methods to analyze what will occur. This is extremely tough for the majority of people.

Too numerous people only focus on the benefit and not the risk. Instead of falling into this trap remember to use stops and keep your losses as little as possible.

In Macd Trading Crossover reality, if you take a look at it traditionally, the most associated sets. or the pairs the most likely to move together, are EURUSD and GBPUSD. Right behind that are EURJPY and GBPJPY.

If you bought the above XYZ stock at $20 and took profits at $30, you would have a nice 50% gain, but would have missed the 400% overall gain of the whole trend.

Some traders like to exit as soon as there stated rate is achieved while others permit the peak of the trade to be reached. Some individuals like to be aggressive traders others like to be inactive. One way is to set a target and exit at the specified target other is to view the trade and wait and for this reason exit at the ideal price. Choose which way you want to stick and exit to it. Here it is really important to STAY WITH YOUR SYSTEM!!!

The above technique is incredibly basic however all the best techniques and systems are. If you swing trade extremes, you will get a couple of excellent signals a week and this will be enough, to make you big gains in around 30 minutes a day. There is no much better technique than currency swing trading if you want a fantastic method to make huge revenues.

This is extremely simple to do with a Forex currency trading system. Some people like to be aggressive traders others like to be inactive. The vertical axis is plotted on a scale from 0% to 100%.

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