MACD Professional Strategy | Use This Trading Strategy to Double Your Account in Olymp Trade

The MACD professional trading strategy is based on a combination of the MACD oscillator, the exponential moving average (EMA), and the Parabolic SAR.

Together, these trading tools generate reliable trading signals that help analyze the current trend pointing traders to reversal points just in time.

Each of these tools is useful and tasked with important specific functions.

Example,

1. The Exponential Moving Average (ЕМА) shows the smoothed-out movement of a price, eliminating random fluctuations.
2. MACD on the other hand helps you see just in time when a trend changes. It consists of a bar chart, MACD lines, and a signal line.
3. The last tool – The Parabolic indicator confirms the trend’s direction or indicates its reversal.

How to Set up The MACD Professional Strategy in Olymp Trade.

If you already have an Olymp Trade account, open it in a new tab.

If you don’t have an account, register here.

1. Now switch to the Japanese candlesticks chart and select a time frame. The recommended time frame for trading with this strategy is 1 hour.

2. Click on the indicator toolkit as shown below to add both the MACD, EMA line, and Parabolic to the chart.

3. Now keep a close look at the chart for signals. As soon as a dot on the Parabolic indicator appears on the opposite side of the candlestick, we can talk about a trend reversal.

How to Open Winning Down-trades with the MACD Professional Strategy.

Before tapping that “RED” button confirm that you have a descending trend.

You can confirm price direction by checking if:

1. The EMA is headed downward.

Don’t rush to trade though! Not yet.

2. Wait for the MACD lines to intersect: the fast line crossing the signal line top down and the Parabolic dots forming above the chart.

Now Open a DOWN trade for 2 hours.

How to Open Winning UP-trades with the MACD Professional Strategy.

Before tapping that “GREEN” button confirm that you have an ascending trend.

You can confirm price direction by confirming if: –

1. The EMA is headed upward.

Don’t rush to trade though! Not yet.

2. Wait until you see the fast MACD line crossing the signal line bottom up.

3. And the Parabolic dots forming beneath the chart.

Now Open an UP trade for 2 hours.

How not to loose money trading with this strategy.

1. Do not open a trade on the basis of just 1 signal. It is important that signals from all indicators appear on the chart.
2. The trade time must be twice as long as the time frame. If you use a period of 1 hour, open a trade for 2-3 hours.
3. Use this strategy to trade during the European and US sessions.
4. Avoid using the strategy during the Asia-Pacific trading session.

Kenn Omollo

http://joon.co.ke/

Kenn Omollo is an investment writer and a business management consultant at Joon. Reach him at – kenn@joon.co.ke

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