This is particularly effective forex strategy utilizing equal stop and profit targets. Trend is most crucial for it to be profitable. Therefore, MACD is used in tandem with SMA to identify and confirm trend. In trending conditions ratio of winning trades is about 80/20. Fractals are used to measure and visualize wave structure of price and helps us with entry.
Used forex indicators
MACD (Moving average convergence divergence) 24,52,9
Fractals (default settings)
SMA (smoothed moving average) 200
Forex strategy rules
Works on all major pairs above 15 min timeframe
For the best results, trade with professional ECN/STP broker with MT4. If you can't trade with profit. Automatically copy the traders that are already profitable.
SELL

MACD histogram is below the central – zero point.
Price is trending below SMA 200.
Swing down created new local low. It is marked by bearish fractal at its beginning and bullish (downward pointing fractal) at the end. This will be our signal swing. Once the bullish fractal closes we wait for next price reaction and another bearish fractal at the top of the correction (signal correction).
Correction cannot surpass half of the previous downward swing, before, or after the fractal is drawn.
Once the fractal closes we place pending sell order at the low of our signal swing. We place stop loss at the high created by the signal correction.
Take profit equals the distance between entry and stop loss.
It is possible that new bearish fractal will be drawn before triggering our pending order. In this case we adjust take profit and stop loss to new conditions. However, price cannot surpass half of the signal swing. Once it does, we cancel the order considering the signal invalid.
BUY
MACD histogram is below the central – zero point.
Price is trending above SMA 200.
Swing upwards created new local high. It is marked by bullish fractal at its beginning and bearish (upwards pointing fractal) at the end. This will be our signal swing. Once the bearish fractal closes we wait for next price reaction and another bullish fractal at the bottom of the correction (signal correction).
Correction cannot surpass half of the previous upward swing, before, or after the fractal is drawn.
Once the fractal closes we place pending buy order at the high of our signal swing. We place stop loss at the low created by the signal correction.
Take profit equals the distance between entry and stop loss.

It is possible that new bullish fractal will be drawn before triggering our pending order. In this case we adjust take profit and stop loss to new conditions. However, price cannot surpass half of the signal swing. Once it does, we cancel the order considering the signal invalid.