As a trend following indicator, the MACD measures momentum. The two most important aspects regarding trading are finding the trend and knowing when the momentum is the strongest and when it is the weakest. The MACD oscillator is simple, and it can generate good trading signals.
This strategy uses two Exponential Moving Averages (EMA), one with a period of 7, the other with a period of 26; Relative Strength Index (RSI), with a period of 14, which is used as default in MetaTrader 4; and the Moving Average Convergence Divergence (MACD) indicator with parameters 12, 26, 9.
A strategy for professionals in technical analysis who can implement MACD, RSI and MA indicators in their daily trading.
Whit this simple strategy you can easy decide whether to buy call or put option while trading forex pairs, commodities or stocks.