## 4-x-Hour MACD Forex Strategy

Algorithm **4-x hourly MACD Forex Strategy:**

As the author of this forex strategy, its yield is an average of 300 pips in a month — a signal for entry into the market are** the patterns of indicator forex MACD on the 4-x hourly price schedule** for any selected currency pair trade. Target levels of income and levels of safety stop-loss, are determined by trade support and resistance levels, as well as moving averages or trading Fibonacci levels.

- I recommend selecting a
**Broker Forex with Terminal MetaTrader 4**

**The indicators used in Forex 4-x hourly MACD Forex Strategy** (all of them are present in the trading terminal MetaTrader 4):

Moving Averages — Moving Averages:

1) 365 Exponential Moving Average (**365EMA**) — exponential moving average with a period of 365

2) 200 Simple Moving Average (**200SMA**) — simple moving average with a period of 200

3) 89 Simple Moving Average (**89SMA**) — simple moving average with a period of 89

4) 21 Exponential Moving Average (**21EMA**) — exponential moving average with period 21

5) 8 Exponential Moving Average (**8EMA**) — exponential moving average with period 8

Forex Indicator MACD:

1)** Fast EMA 5**

2) **Slow EMA 13**

3) **MACD EMA 1**

Horizontal Lines — horizontal lines:

On the chart of the MACD indicator is installed **3 sets of horizontal lines above and below the zero line.**

Above zero:

1) Level 0.0015

2) Level 0.0030

3) Level 0.0045

Below zero:

1) Level -0.0015

2) Level -0.0030

3) Level -0.0045

That’s about how your chart should look like, after opening all the indicators and settings.

Patterns that create an indicator MACD, are usually very profitable. But **the need to use only those trading signals that have a greater likelihood of making a profit. **

In the example below, are more profitable patterns.

On the patterns A and D, the MACD indicator has moved beyond the level of 0.0045, normally, it says forex traders about a possible corrective movement or change of trend. This protivotrendovye (kontrtrendovye) patterns.

Patterns B and C — are trendy, they allow traders to enter in the direction of the main trend. Red circles indicate the signal for the transaction, to enter the market** to the opening of the next bar.**

**Pattern Head and Shoulders:**

**Pattern of «double top and bottom»**

**to sell because**

**it is very often quite strong.**

**Pattern Round tops and bottoms:**

**considered a pattern**, if

**rounding is formed at least 5 bars.**

**MACD indicator on real graphs:**