This MACD professional trading strategy is based on the combination of MACD oscillator, Exponential Moving Average (EMA), and Parabolic SAR. This is one of the best IQ Option strategies used by many traders to increase their profitability.
Unitedly, these technical indicators produce high probable trading signals that help you interpret the latest trend, and help traders enter a buy or sell position just in time. This combination of indicators has been successfully used by many traders to get profitable results. You can use this strategy to double your IQ Option Account. Quotex traders can also use this combination of indicators as a strategy to double their accounts.
Risk Warning: Your capital is at risk. Never invest the money you can’t afford to lose.
Configure your charts, as shown below. The chart selection is shown with IQ Option trading platform. You can configure the chart with the Binomo platform in a similar way.
STEP 1
Select the Japanese candlesticks chart and choose a time period of 1 hour. The recommended time frame for the trading strategy with this approach is 1 hour.
Click on the indicators button on the bottom left corner of IQ Option platform and select MACD, EMA line, and Parabolic SAR to the diagram. The steps are shown on the below screenshots.
Now pay attention to the chart for signals. When the Parabolic SAR dots surface above the price lines, it indicates a bearish trend. When the dots surface below the price line, it shows an upward trend.
Before hitting the green BUY button or UP Button, authenticate that you have an upward trend.
When you can verify the price direction by confirming all the above conditions, pause until the end of the present candle. Place the BUY trade or UP trade at the start of a new candle with expiry equal to double the time frame. If the chart is set at a 1-hour time frame, the trade expiry should be 2 hours.
Before you go for a SELL or DOWN trade, ensure the following three conditions of the indicators.
Don’t rush to the trade though, wait for the MACD lines cross and wait for the present candle to finish. Then check all the three indicators and place a trade at the start of a new candle with 2 hours expiry.
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