The MACD combo strategy involves using two sets of moving averages (MA) for the setup: Rules for a Long Trade Wait for the currency to trade above both the 50 SMA and 100 SMA. Once the price has broken above the closest SMA by 10 pips or more, enter long if MACD has crossed to positive within the last five bars, otherwise wait for the next MACD signal. Set the initial stop at a five-bar low from the entry. Exit half of the position at two times risk; move the stop to breakeven. Exit the second half when the price breaks below the 50 SMA by 10 pips. Rules for a Short Trade Wait for the currency to trade below both the 50 SMA and 100 SMA. Once the price has broken below the closest SMA by 10 pips or more, enter short if MACD has crossed to negative within the last five bars; otherwise, wait for the next MACD signal. Set the initial stop at a five-bar high from entry. Exit half of the position at two times risk; move the stop to breakeven.
