supermakhosi

MACD and SMA strategy has confirmed

Long
OANDA:EURUSD   Euro / U.S. Dollar
MACD and SMA strategy (Source is Close, MACD Fast Moving Average 20, MACD Slow Moving Average 16, MACD Signal Line Moving Average 31 and a Very Slow Moving Average. This strategy goes long if the MACD histogram and the MACD momentum are both above zero and the fast MACD moving average Is above the slow MACD moving average . Optional as additional long filter the recent price has to be above the SMA 35. If the inverse logic is true, the strategy goes short.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.