Forex MACD and RSI

MQL4 Indicators Experts

Specification


Long Entry 

If MACD > MACD Signal 

and 

RSI > 50 

Then Buy Long Next Bar @ Open 


Long Entry Sell


Long Entry Price + 20 Pip 

Else 

Long Entry Price + 30 Pips

else 

Long Entry Price +40 Pips

Else 

Long Entry Price + 50 Pips 

End;

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Short Entry Sell

MACD < MACD Signal 

and 

RSI <50 

Then Sell Short 

Next Bar @ Open 


Sell Exit Buy To Cover 


Entry Price -20 Pips

Else 

Entry Price -30 Pips

Else 

Entry Price-40 Pips 

Else Price -50 Pips 

End;




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