1. Consider entering trade long or short when MACD crosses the signal line. It will turn a different color then a dot will show up.
  2. MACD  dot is either below 0 for long trades and above 0 for short trades.
  3. For long trades use confirmation that Squeeze momentum histogram is below median line and has changed from red to dark red. For Short trades the histogram changed from green to dark green.
  4. Enter trade when 1,2, and 3 concur.
  5. Exit Trade on 1 to 5 ticks

Settings for the Squeeze indicator

Settings for MACD indicator.

Categories: Strategies / Studies