Two separate MACD indicators will be used to identify both major trend and current trend. After we identify trend, another oscillator - RSI will be used to find our entry. Therefore, entry will always be in the direction of main trend.
To establish our targets for profit and loss, advanced trailing stop will be applied, protecting position gains after each closed candle.

Strategy was tested on 1H EURUSD data from 01.012013 to 01.012016.
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Used forex indicators
MACD (moving average convergence divergence) 520,250 and 100,50. Combination of two MACD works very well in our chose currency pair (EURUSD) and timeframe (1H). Fundamentally, slow MACD distinguishes the major trend while faster MACD helps us to react to reversals and confirms the trend at the entry. Trigger line will not be included in our consideration.
RSI (relative strength index) RSI with period 7 is used to find entry. We will be buying low – at 30 line and selling high at 70 line.
Trailing stop: Place trailing stop at high of last closed candle when in sell trade. Place trailing stop below the low of last closed candle when in long trade.
Forex strategy rules:
SELL

Both MACD histograms closing below the zero, in negative values. This will signalize downtrend and only short positions must be entered.
RSI rises above 70 line. Sell order is placed.
After a candle close stop loss is placed above the entry candle high. Then it is placed after each following candle that moves into profit.
BUY

Both MACD histograms closing above the zero, in positive values. This will signalize uptrend and only long positions must be entered.
Falls below 30 line. Buy order is placed.
After a candle close, stop loss is placed below the entry candle low. Then it is placed after each following candle that moves into profit.
We recommend you to use this forex strategy with one of our trusted forex brokers (STP/ECN with MT4 bridge).
To win you must trade with broker on your side.
Dislaimer: Expert advisor was tested for profitability on historical data. All screen shots provided are displaying real results of the test. However past data will never guarantee future success. Every expert advisor needs to be tested properly on demo account. LIVE use only on your own risk. Read full disclaimer.
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