MAcd strategy

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It is one of the most popular indicators in use today

traders use the MACD indicator to determine trend direction , momentum and potential reversals of stock.

it is used to confirm trades based on other strategies , but it also provides its own trade signals based on MACD line and MACD signal.

in simple terms, a trend following indicator helps you to determine the overall direction of the market.

whether it is up ( bullish divergence ) or down ( bearish divergence ).

The MACD can provide an earlier indication that an OLD trend is about to end and a new trend is about to start.

Here we are using MACD with default settings. 

you can use time frame as per your comfort

Buy rules :

When MACD line crosses above MACD signal , we will buy at the high of closin candle

When MACD line crosses below MACD signnal , we will sell at the low of closing candle.

Keep SL and target ratio minimum 1:2

target : book profit either 1:2 or at next reverse cross over