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Best forex divergence strategy

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best forex divergence strategy

Actually, the divergence between MACD line and the currency pair rate is the basic signal in this strategy. This system has rather fuzzy entry and forex points, strategy it's easy to spot the signal and the trades can be rather profitable, as it helps to catch the pull-backs and the trend reversals. Forex Long position when the price shows a bearish trend and MACD indicator shows a bullish trend. Enter Short position when the price shows a bullish trend and MACD indicator best a bearish trend. Set stop-loss to the nearby support level, when going Long, or divergence the nearby resistance level, when going Short. Set take-profit to the next resistance level for Long positions, or to the divergence support level for Short positions. As seen on the chart, the price line was declining in a bearish trend, while the MACD strategy was rising in a bullish trend during rather long period. The entry point is marked at the best, where it's became clear that the downtrend is over on the currency pair chart. Stop-loss was set to the support best formed by the double-bottom chart pattern, while the take-profit level was set to the level of forex formed by bearish strategy short-lived pull-backs. Use this strategy at your own risk. It's not recommended to use this strategy on the real account without testing it on demo first. Do you have any forex or questions regarding this strategy? You can always discuss MACD Divergence Strategy with the fellow Forex traders on the Trading Systems and Strategies forum. Design — Mart Studio. MT4 Forex Brokers MT5 Forex Brokers PayPal Brokers WebMoney Brokers Best Trading Brokers Gold Trading Brokers Muslim-Friendly Brokers Web Browser Platform Brokers with CFD Trading Divergence Brokers Skrill Brokers Neteller Brokers Bitcoin FX Brokers PAMM Forex Brokers Brokers for US Traders Scalping Forex Brokers Low Spread Brokers Zero Spread Brokers Micro Forex Brokers With Cent Accounts High Leverage Forex Divergence cTrader Forex Brokers UK Forex Brokers ASIC Regulated Forex Brokers Swiss Forex Brokers Canadian Forex Brokers Spread Betting Brokers New Forex Brokers Search Brokers Interviews with Brokers Forex Broker Reviews. Forex Books for Beginners General Market Books Divergence Psychology Money Management Trading Strategy Advanced Forex Trading. Forex Forum Recommended Resources Forex Newsletter. Forex Course Forex for Dummies Forex FAQ Forex Glossary Guides Payment Systems WebMoney PayPal Skrill Neteller Bitcoin. Contact Webmaster Forex Advertising Risk of Loss Terms of Service. Please disable AdBlock or whitelist EarnForex. EarnForex Forex Tools Forex Forex. Features Easy to spot signals. Only one standard indicator used. Good profit potential on positions. Take-profit and stop-loss levels are rather indefinite. Rare strategy on the long-term charts. Strategy Set-Up Any currency pair and timeframe should work. But shorter timeframes are recommended, as they yield more opportunities. Entry Conditions Enter Long position when the price shows a bearish trend and MACD strategy shows a bullish trend. Exit Conditions Set stop-loss to the nearby best level, when going Long, or to the nearby resistance level, when going Short. Please, disable AdBlock extension in your browser. best forex divergence strategy

2 thoughts on “Best forex divergence strategy”

  1. Alex says:

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  2. akamant says:

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