MACD Cloud buy / sell strategy
Topic: MACD Cloud buy / sell strategy
A few years ago I was chatting to a professional trader and he said the easiest strategy to play with is buying and selling when the trend line leaves the 'cloud' on the MACD window on MT4.
Using standard settings of 12,26,9.
I have tried it on a demo account and if you set a low TP and study retracement levels it actually is quite consistent
Has anyone else tried this or know of an EA that does it successfully?