MACD is one of the most commonly used trading indicators in forex. This utterly simple strategy will help you to trade with the short-term trend. Trading Tools/Settings Indicators: MACD (moving average convergence/divergence) with default settings(12,26,9). Time frame(s): 15 Min and above Trading sessions: All Currency pairs: All GBP/USD 4 Hour Chart Example Trading Rules Long Entries: MACD histogram closes above it’s zero line from below. Place protective stop-loss below the most recent support area. Take profit when the MACD crosses below the zero line from above(basic MACD exit strategy). Other buy exit strategies: Exit long trade at 1:2 risk-to-reward. Exit at key resistance levels. Exit long trade at trend line violation.