Visual MACD is a forex trading indicator. It is a very reliable forex trading indicator. Visual MACD indicator is specially designed for the swing traders. It can be used to catch profits in longer term swings as well as short term swings. The Visual MACD technical indicator is a trend following trading indicator so it is highly recommended that you should take trade only in the direction of the major trend. If you follow the Visual MACD signals with full discipline you will make a lot of money from this trading system but if you don’t have that level of discipline it’s very easy to lose money. It’s all the same with all the trading system. The trading system itself won’t make money for you; you will make money only when you use the trading system in right way.
When Visual MACD is correctly installed in your trading platform, your chart should look like this:
- Visual MACD
Visual MACD is a custom made technical indicator. Visual MACD consists of waves like indicator. You should buy and sell on the basis of the crossovers of this indicator with the market price. When the market crosses above this indicator, it’s a buy signal and when the market crosses below this indicator, it’s a sell signal.
Buying Conditions Using Visual MACD.
- The general trend of the market should be up.
- The market should be above the Visual MACD
- 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 Visual MACD indicator turns red.
Selling Conditions Using Visual MACD.
- The general trend of the market should be down.
- The market should be below the Visual MACD
- 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 Visual MACD indicator turns blue.
Download Free Forex Visual MACD Strategy
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