zigzag with macd

Posts: 5458 · #1 - July 03, 2021, 12:32:42 AM

The zigzag macd strategy is a technique that uses the macd indicator as the main ingredient for zigzag formation, this technique is good for marking any oversold and overbought of the macd itself or divergent and converging formations. We can mark it with a zigzag to make it easier to determine the next wave

Linkback: https://www.forex.zone/trading-systems/10/zigzag-with-macd/3426/

Posts: 365 · #2 - August 07, 2021, 01:57:52 AM

unique system, basically it uses divergence method, right? but combined with zigzag

Posts: 365 · #3 - August 11, 2021, 01:54:11 AM

is this hidden divergence or convergence? I'm a bit confused

Posts: 2167 · #4 - March 04, 2023, 11:19:56 PM

The zigzag with MACD strategy is a popular forex trading strategy that combines the use of the zigzag indicator and the MACD oscillator. The zigzag indicator is used to identify trend reversals by filtering out market noise and highlighting significant price movements. The MACD oscillator is used to confirm trend direction and identify potential entry and exit points. Traders use this strategy to capture trend movements while avoiding false signals. The zigzag with MACD strategy involves waiting for the zigzag indicator to form a swing high or low, then using the MACD to confirm the trend direction and enter a trade. Stop loss and take profit levels are set based on the trader's risk tolerance and market conditions. Proper risk management is essential to maximize profits and minimize losses.

Posts: 1 · #5 - September 11, 2023, 11:14:42 AM

nice system

#6 - **Today** at 07:44:06 AM

Posts: 2224 · #6 - September 17, 2023, 09:14:11 PM

Zigzag and MACD is good combination trading strategy, the MACD has many function to identity the trend based overbought and oversold, and also looking divergence signal. Meanwhile zigzag is useful to identity reversal pattern, however risk management is needed because sometimes indicator gives false signal.

Posts: 21842 · #7 - November 28, 2025, 11:35:12 PM

Using the MACD to identify overbought and oversold conditions requires careful consideration. Unlike classic oscillator indicators like the RSI or Stochastic, the MACD isn't specifically designed to determine overbought or oversold conditions with clear boundaries. Instead, it focuses on momentum and trend strength through line intersections, line spacing, and the relationship of the lines to the zero level.