Moving Average Convergence/Divergence (MACD)

Moving Average Convergence/Divergence (MACD) for MT4

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 by Adrian

I want to share with you a strategy which I have developed lately. I think it is profitable, but I am just a trader, not a programmer, I can't program a robot to test it. The strategy goes like this: At the start of each day the robot buys or sells 24 micro-lots. The buy or sell is filtered by 4H MACD (this way it will open trades in the direction of the trend, and if its ranging it will make some good trades anyway). After each hour, if in profit the robot closes one trade, if not in profit, it closes at the next candle close (when in profit). This way you will reach each high or low of the day. At the end of the day any remained trades should be closed. No stoploss, no take profit, you don't need to worry about the price levels.