2MA Combo Trading System is a Trend following trading system. Its a simple trading system with only two Indicators.
Indicators used in 2MA Combo Trading System.
- Moving Average (Simple Moving Average 50 and Simple Moving Average 100)
- MACD True from SwingMan
Time Frame : M15 and above.
Buy (Long) Entry: Price is above SMA 50, SMA 50 is above SMA 100 and MACD is above zero within the last 5 bars otherwise wait for the next cross of the MACD.
Stop Loss : Initial Stop loss at five bar low from entry.
Take Profit : Exit half of the positions at 2 times of the stop loss (risk) and move the stop loss to breakeven. Close remaining positions when price closed below SMA 50 by 10 pips.
Sell (Short) Entry: Price is below SMA 50, SMA 50 is below SMA 100 and MACD is below zero within the last 5 bars otherwise wait for the next cross of the MACD.
Stop loss : Initial Stop loss at five bar high from entry.
Take profit : Exit half of the positions at 2 times of the stop loss (risk) and move the stop loss to breakeven. Close remaining positions when price closed below SMA 50 by 10 pips.
NOTE: Do not enter trades when the price is between SMA 50 and SMA 100.
(downloadable file 2MA Combo Trading System.rar contains MACD True from SwingMan.ex4, MACD True from SwingMan.mq4 and 2MA Combo Trading System.tpl)
Free Download 2MA Combo Trading System 
How to install 2MA Combo Trading System in forex trading platform metatrader 4 (Mt4)?
- Extract the 2MA Combo Trading System.rar.
- Go to “File menu” in Mt4 trading platform and click “open data folder”.
- Open templates folder and paste the 2MA Combo Trading System.tpl file.
- Open Mql4 folder and open the indicators folder. Now paste the MACD True from SwingMan.ex4 and MACD True from SwingMan.mq4 files into indicators folder and restart the MetaTrader 4.
