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Fibonacci MACD Strategy

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The Fibonacci MACD trading strategy is a simple but effective strategy that can be used with any type of trading setup.

This article will teach you how to use the Fibonacci MACD strategy to profit from markets. Stocks, foreign exchange, futures and options, cryptocurrencies, and commodities can all be traded using this strategy.

The Fibonacci numbers had first been described in Indian mathematics as early as 200 BC in Pingala’s work on enumerating possible Sanskrit literature areas to enable syllables of two bundles. They are given the name after the Italian mathematician Leonardo of Pisa, later known as Fibonacci, who popularized the sequence in Western European mathematics in his 1202 text Liber Abaci.

MACD & Fibonacci – Powerful Combination

There are two main ways in which Fibonacci is generally used in trading –

  1. Using Fibonacci and price action
  2. Combination of Fibonacci with other trading tools

 Fibonacci tool is positioned so that point zero corresponds with the extreme swing low on the left and point one corresponds with the highest high from which prices began to fall.

In the following step, a rejection candle at the 0.5 Fibonacci level is identified, and the next candle is clearly closed above it – this confirms our Entry initiation. 

When the macd line crosses the signal line from below in a row, the histogram turns green from red.

Prices rose after that, making it a very profitable trade.




Chart fibonacci.png

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