Specification
Moving average convergence divergence (MACD) (12-26-9) 200 day exponential moving average (EMA). LONG SIGNALS: take a long position when candle closes ABOVE 200 EMA and MACD line crosses up the signal line BELOW the zero line of the histogram. SHORT SIGNALS: take short position when candle closes BELOW 200 EMA and MACD line crosses down the signal line ABOVE the zero line of the histogram. STOP LOSS: the stop loss will be set at the previous swing low or swing high. PROFIT TARGET: 1:2 MONEY MANAGEMENT: MM risk percentage 1%. MQL4
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