MACD trend following

Good day,

I need an expert that I will attach to a chart that operates as below.

Set up:

Determine the direction of the current chart.

• Up direction: 1 week signal line above MACD AND 2 day signal line above MACD.

• Down direction: 1 week signal line below MACD AND 2 day signal line below MACD.

Entry:

Open trade only in NYSE trading hours. Wait for a pullback in current direction. A 4 hour MACD crossover will signal entry point.

Eg. Direction up. Signal line is above MACD in both 1 week and 2 day MACD. 4 hour signal line cross below MACD and when signal line cross above MACD enter trade.

Variations on entry rule:

For large pullbacks in which 2 day signal crosses over, entry is on the crossover of the 2 day signal line.

Eg. Direction up. Signal line is above MACD in both 1 week and 2 day MACD. Big pull back with 2 day signal line crossing below MACD and when signal line cross above MACD enter trade.

Risk:

• Stop loss

3rd support on Fibonacci pivot points. I recently saw an article "Automatic construction of support and resistance lines". If there is a way to determine a support price from the chart I would prefer this way.

• Take profit

2x the difference “entry price” – “stop loss price”. Take profit expires after 2 days.

Exit:

Exit trade anytime on 4 hour crossover.

Accounting:

Each trade margin = 2% of account balance or closest possible to it.

I will use the strategy tester on the expert and will require the code.

Thank you

[deleted]

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