1-2-3, RSI + MACD Strategy


With this strategy any currency pair can be traded.

 

The following indicators are used: 5,10,20 EMAs - RSI - MACD

 

Timeframe: 15min charts

 

Entry rules:

- On a down trend wait for a higher low. Then you have to find a 1-2-3 setup. After that enter a long-order just below 2 with stops just under 3
- RSI MUST be above 50
- MACD must cross over (for a long-order it must cross from negative to positive, for a short-order it must cross from positive to negative.)

 

Exit rules:

- Once you have reached the same distance as risked close out.

 

 

Short-order example: