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200 EMA SETTINGS HOW TO

Now you are ready to start using this trading system!Ībout the macd-colored-histogram.mq4 indicator (MT4) Paste the downloaded indicators in this folder.

Open the data folder from the top menu.

Then, install the technical indicators as follows:

200 EMA SETTINGS HOW TO

How to install this Forex system in Metatrader 4?įirst, download the 200 EMA with Colored MACD Forex scalper system here Exit the sell trade for 10-25 pips profit.Place stop loss just above short-term ressitance.A sell signal is given when price trades below the 200 EMA white line and the MACD indicator is colored red.Exit the buy trade for 10-25 pips profit.Place stop loss just below short-term support.A buy signal is given when price trades above the 200 EMA white line and the MACD indicator is colored green.Indicators (MT4) : 4 (default settings), 200 EMA (exponential moving average)Ĭurrency pairs: works on any currency pair and metalsĭownload the “200 EMA with Colored MACD Forex scalper system” nowĪfter you downloaded and installed the 200 EMA with Colored MACD Forex scalper system on the MT4 trading platform, it should look like the image as shown below. The 200 EMA follows the overall trend and the MACD indicator pinpoints trade entries.

This system consists of the 200 exponential moving average and colored MACD indicator. The 200 EMA with Colored MACD Forex scalper system provides precise buy and sell signals that work for scalping and day trading any pair.