Phase Accumulation MACD is a forex trading indicator. It is a very simple forex trading system. The Phase Accumulation MACD indicator helps both newbie traders as well as expert traders to make their trading decisions. The best part of using Phase Accumulation MACD indicator is that you will figure out the trend as soon as it is started. By knowing trend as soon as it starts, you will get opportunity to make enough money in the forex market. The Phase Accumulation MACD indicator is very simple so many traders tend to underestimate this trading indicator but it is a very powerful trading indicator indeed.
When the Phase Accumulation MACD indicator is correctly installed in your trading platform, your chart should look like this:
- Phase Accumulation MACD
Phase Accumulation MACD is a technical indicator which consists of histograms which move in positive and negative territory. The simple idea is used to buy and sell by using this simple technical indicator. You should be buying when the MACD rises to the positive territory from the negative territory. And you should be selling when the MACD falls to the negative territory from the positive territory. But remember, not all such conditions are buying and selling signals. I will show you with the chart examples on what conditions to buy/sell.
Buying Conditions Using Phase Accumulation MACD.
- The general trend of the market should be up.
- The Phase Accumulation MACD indicator should be in positive territory.
- Place your long position as soon as above conditions are met.
- Place your stop loss just below the recent swing low.
- Take your profit when the Phase Accumulation MACD indicator dives into the negative territory.
Selling Conditions Using Phase Accumulation MACD.
- The general trend of the market should be down.
- The Phase Accumulation MACD indicator should be in negative territory.
- Place your short position as soon as above conditions are met.
- Place your stop loss just above the recent swing high.
- Take your profit when the Phase Accumulation MACD indicator rises into the positive territory.
Download Free Forex Phase Accumulation MACD System
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