VOLATILITY INDEX 75 : MACFIBONACCI TRADING SYSTEM

Notebook: STRATEGY AND ACCOUNT MANAGEMENT

Created: 11/3/2019 11:05 AM Updated: 12/3/2019 11:15 AM
Author: kavumajulius11@gmail.com
Tags: TEMPLATES

MACFIBONACCI (MACD) VOLATILITY INDEX 75

Developed by Kavuma Julius 

Telegram +256777162132
Youtube link for system: https://www.youtube.com/watch?v=PzKpN9PELqg

TIME-FRAME : 1 HOUR TIME FRAME ( 4 trades to be taken) 

NOTE: This system works best on the one hour time frame. lower Timeframes should be
avoided

The Macfibonacci (MACD) system is developed from a system moving averages , MACD

indicator as well as 
the Fibonacci retracement tool all in the bid of assisting the trader to get accurate signals, good
exit points as well as 
accurate stop loss levels. some of the following tools needed to develop 

Moving Averages
MACD
Fibonacci level tool
MEGA MACFIBO SIGNAL 
Moving Average (Exponential) Period 30- apply to close
Moving Average (Exponential) Period 20-apply to close 
Moving Average (Exponential) Period 10-apply to close 
MACD (9,29,12)
Fibonacci levels tool.

Entry and Exit (Both Long & Short):

Step 1 :  When Exponential MA (10) crosses above or below the Exponential Moving averages
(30 and 20) coupled with MACD to indicate the change the trend of
 volatility index 75 that time frame.

Step 2 : Identify the candle that confirmed the upside or downside crossover.

Step 3:  Pick the closing price and mark that as POINT A * (if confirming candle for Long Signal
is Bearish Candle, 
Pick Open Price. If Confirming candle for Short Signal is Bullish Candle, Pick Close Price) 

Step 4 : Identify the most recent significant Lowest or Highest Price and mark that as POINT B.

Step 5 : Drag your Fibonacci Retracement Tool from Point A to Point B. 

Step 6 : Set Stop Loss at 23.6%. 

Step 7 Enter trade. Your trade will be exited automatically at 23.6% in case of loss

Step 8 :  Trade management 

               Phase One : When price roves around 161.8% -> Move SL to BE or 127.2% 
               Phase Two : When price closes inside between 200%-177%, Move SL to 177%

Step 9 : Take Profit  for the first 2 trades will be done at the level of 161.8%
              Take Profit for the 3rd trade will be made  at 200% 
              Take Profit for the last trade is taken when EMA 10 retraces to touch EMA 20
              ( This works for both the up and down trend)
              

 
 ILLUSTRATION FOR BUY SIGNAL 
ILLUSTRATION FOR SELL SIGNAL 

Happy trading,,,,,,,,,,,,
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