Yes it is very powerful strategy. I will tell more techniques . Just subscribe my thread

5 Min Gold (XAUUSD) Divergence Strategy

Ok Look , if I set MACD ON 5 Min Chart wuth these settings ( 5 , 13 , 1) image image and if I set MACD ON 5 Min Chart wuth these settings (1 , 13 , 1) image

Simple 5 Min Gold (XAUUSD) Strategy

Its ok. But purpose of mine settings for MACD is to peoper adjust highs and lows as compared to Price highs and lows... Sorry English is not my language, I don't know how I explain . Simple look at lowest or highest candle then compare it with MACD ...

Simple 5 Min Gold (XAUUSD) Strategy

It is correct ...

Simple 5 Min Gold (XAUUSD) Strategy

This is very very Important Divergence " Double Top " or " Double Bottom " You can earn many pips from this type of divergence . Here is the example of double Top . MACD shows Divergence to down and after that Market went short. image Here is the ...

5 Min Gold (XAUUSD) Divergence Strategy

Yes It is correct but I am little confused about your MACD Settings . Please download my indicator or set MACD for correct Highs and Lows as per your Timeframe .

Simple 5 Min Gold (XAUUSD) Strategy

Today Gold is sideways....

Simple 5 Min Gold (XAUUSD) Strategy

Hello traders Please see my New thread about Divergence on same 5 Min Gold Chart here url Trendline and Divergence Both strategies are very simple and profitable. Please practice my both stratgies and then I will combine both strategies to create ...

Simple 5 Min Gold (XAUUSD) Strategy

This trade is failed , I already told that this is not good setup bcz 1. Market was side ways. 2. There was no clear Higher or lows on MACD . 3. Look at the candle in circle . It is very extra large. it indicates something is happened with market. ...

Simple 5 Min Gold (XAUUSD) Strategy

Its not a good setup because market is choppy but I am still looking for few pips. Price is still trying to break trendline .. Let see what happened image

Simple 5 Min Gold (XAUUSD) Strategy

Hi, everyone I hope you will learn this technique , if you have any question then please ask me.. Now I am going to add some other techniques in this strategy. I hope you will enjoy this system .

Simple 5 Min Gold (XAUUSD) Strategy

You are welcome I will add some more filters to avoid bad signals.

Simple 5 Min Gold (XAUUSD) Strategy

You can make using your money management and Exit Points . For example if your SL at 15 pips and TP is also on 15 pips. Once Price reaches on target then you should close half Lot and move your SL at BE . Now you are free of fear. You can see many ...

Simple 5 Min Gold (XAUUSD) Strategy

Yes its setting ( 1, 13 , 1 )

Simple 5 Min Gold (XAUUSD) Strategy

MACD 2nd lower curve is small... it should be a little bit big .. You can still get few pips from this trade .. Please post the result of your trade here,

Simple 5 Min Gold (XAUUSD) Strategy

Yes it is perfect trendline . But there is resistance.. so leave that trade

Simple 5 Min Gold (XAUUSD) Strategy

Hi LettrB , First of all draw support and resistance areas then threndlines. If you see there is a strong resistance or support after trendline breakout 5 to 8 10 pips then wait for the price to break the support and resistance area too. The image I ...

Simple 5 Min Gold (XAUUSD) Strategy

That's great . I am looking for traders to polish this strategy for best results. You can share your Ideas freely here . No problem

Simple 5 Min Gold (XAUUSD) Strategy

You can draw trendline as it suit you . I already told that is very subjective and every trader draw in different way. I just liked to draw trendline using MACD. It preserve me from many false signals.

Simple 5 Min Gold (XAUUSD) Strategy