Natuseko Protrader 4H Strategy - expert for MetaTrader 4

Search for buy signal
1. The 13 periods exponential moving average (EMA) must cross bottom-up the EMA of 21 periods and the EMA of 55 periods on the price chart;
2. The Parabolic must be in the area below the price;
3. The RSI indicator must be above the 50 level and below the 65 level;
4. The MACD hystogram must be above the 3 period simple moving average (SMA) drawn by the values of the MACD;
5. The MACD hystogram and the 3 period SMA must be above the midline of the Bollinger envelope;
6. The stop-order is placed below the 55 period moving average by 10 points or at the value of the parabolic;
7. The first target for 50% of the position is closed when the RSI reaches the value above 65, or when the parabolic becomes above the price;
8. The remaining 50% are closed the RSI indicator reaches the value below 50.

Search for sell signal
9. The 13 periods exponential moving average (EMA) must cross bottom-up the EMA of 21 periods and the EMA of 55 periods on the price chart;
10. The Parabolic must be in the area above the price;
11. The RSI indicator must be below the 50 level and bove the 35 level;
12. The MACD hystogram must be below the 3 period simple moving average (SMA) drawn by the values of the MACD;
13. The MACD hystogram and the 3 period SMA must be below the midline of the Bollinger envelope;
14. The stop-order is placed above the 55 period moving average by 10 points or at the value of the parabolic;
15. The first target for 50% of the position is closed when the RSI reaches the value below 35, or when the parabolic becomes below the price;
16. The remaining 50% are closed the RSI indicator reaches the value above 50.

The strategy research results and the description of the external parameters are available in the 24-th issue of our journal:
http://www.fortrader.ru/ftgate.php?id=0&num=68

A more detailed description of the strategy is here.
You can download the last version of the NatusekoProtrader4HStrategy EA and the detailed reports here.