MACDgoldencross

This is a strategy that uses the MACD indicator, enter a trade when the MACD line is above the Signal line and exit when the MACD line is below the Signal line

Having a strong entry strategy can increase the probability of success by confirming the direction of the trend before entering a trade. In the case of the MACD crossover, the most widely used entry signal is when the MACD line crosses over the signal line in the direction of the trend. A bullish signal is present when the MACD line crosses ABOVE the signal line and is below the zero line. When the crossover takes place, traders may look for confirmation of an upward trend by waiting for the MACD line to cross over the zero line before opening a long position. Likewise, a bearish signal is present when the MACD line crosses BELOW the signal line and is above the zero line. Once again, confirmation can be seen when the MACD line crosses below the zero line.