Lesson 5. Forex trading. Combination of Fractal, MA and MACD technical indicators

Published on April 20, 2022

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In this lesson, I will not only talk about how a trader can combine three technical indicators: Fractals, moving averages, and MACD. But I will also tell you how one technical indicator can replace others, which will ultimately simplify the analysis process while maintaining the quality of the received trading signals.
Now let’s move on to the practical part, where we will look at examples of trading signals when lines cross in the MACD indicator and moving averages marked on the price chart.
At point A, the moving averages with a period of 20 and 50 crossed, which is essentially a trading signal for opening a short position. But since the pair’s quotes were above the MA 200 at that time, this trading signal cannot be processed, since at that time it was counter-trending.
But if the trader used the MACD indicator, then after the signal appeared at point A, formed by shifting the histogram columns to the negative area and confirmed by the intersection of the zero mark with the signal line, he would earn money by reducing the price from point B to point C.
While the trading signal formed solely by the intersection of moving averages was received only at point C. Since only at this moment all three moving averages were built from the fastest to the slowest.
But the main advantage of using several technical indicators is not that one of them is able to give a signal to open a trading position before the others, but that the coincidence of trading signals for several technical indicators significantly reduces risks.
As a result, a trader using the technical indicator MACD with basic settings for the daily chart and moving averages with a period of 20, 50 and 200 would receive one high-quality trading signal at point C, which would significantly reduce their risks.
At this point, the trader can add a third indicator, which we have already reviewed – Fractals.
And this technical indicator confirms the advantage of sellers, since only fixing the candle above the marked resistance area, highlighted in yellow, will indicate the ability of the pair’s quotes to resume growth. As a result, up to this point, only sales are relevant.
The trader has already confirmed this trading signal with three technical indicators, which significantly increases its degree of importance, reducing the level of risk.
But as technical indicators are added to the price chart, the analysis process becomes more complicated, since there are too many different lines and symbols that do not allow you to quickly track price changes. Therefore, there is a need to reduce the number of technical indicators placed on the price chart. At the same time, it is important for the trader to get the same number of confirmed trading signals as before. How can this effect be achieved?
Everything is very simple. The trader needs to remove interchangeable technical indicators. In this case, we are talking about two moving averages, which are completely replaced by similar indicators that are part of the MACD. We will remove the MA 20 and MA 50 from the price chart, which have an analog in the MACD oscillator, while the moving average with a period of 200 will remain, since it will indicate which direction to open trading positions in: to buy or sell.
This is how a trader’s price chart with all the trading signals will look, as in the previous example, but the load on the chart itself is significantly reduced. This will allow the trader to react more quickly to price changes and as a result to the receipt of trading signals from the technical indicators they use.
In the next lesson, I will talk about such a technical indicator as Stochastic. This is another oscillator that will allow you to filter out false trading signals, while the load on the price chart remains acceptable.

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How to Filter Macd False Signals, Lesson 5. Forex trading. Combination of Fractal, MA and MACD technical indicators.

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OWhen you pick a smaller timeframes (less than 60min) your typical profit per trade is normally comparably low. Personally, I search for a variety of about forty pips from leading to bottom.

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Well, the “finest” indicators are the ones that assist you make cash. Removes Emotions – Having the ability to control your feelings in forex trading is hard. To measure the significance of volume, we require a standard.

I am particular people have informed you that you can make huge money by trading foreign currencies, right? I am also going to wager somebody has actually informed you it is basic to do. Is this real?

As I have actually tinkered with these two I’ve added and subtracted other indicators to complement them: EMA Crossover Alerts, Macd Trading, Awesome Oscillator, RSI, Stochastics, CCI – the gamut. When all the dust is settled I discover they work best by themselves without all the extra noise produced by extra signs.

The distance from the top of the channel to the bottom should represent a variety enough to be traded. Personally, I look for a variety of about forty pips from leading to bottom. If the variety Macd Trading signals is less than forty pips I await the breakout trade. An easy entry strategy would be to cost the top and to buy at the bottom utilizing extremely tight stops. Nevertheless the smallest bit of market noise could stop out my trade before it has an opportunity to work.

Quite just, the much better you understand Forex, the most likely you are to select a trading system that fits your needs. Put another method: the less you comprehend Forex, the more most likely you are to choose the incorrect trading system!

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

Nobody, not even trend traders, knew that Nortel would reach less than 50 cents a share. But those who trade patterns and allow rate to dictate when to exit a position, held the bearish position for big gains. At the least, those who exited to cash did not lose their capital.

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Constantly validate the trading signals offered by the histogram with the cost action. It means the cost action will continue to move in the exact same direction if the prices and the histogram make new highs or new lows together.

This means I only remain in a stock for the length of upward momentum and try to lock in earnings along the method. It is science plus an art that pro traders use to make their trades. Here is an example of a fundamental trading system.

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