DislikedThis is the correct interpretation of the rules Sir, and the part that needs looking into is the EXIT by MACD.
thanks for the interest in the method and I know you are a good coder, that will do a good job of it.Ignored
For a new long entry, I added requirement that MACD-Main > MACD-Signal. For a new short entry, I added requirement that MACD-Main < MACD-Signal. Otherwise, many entries are immediately followed by exits.
Use the attached indicator to verify entries/exits per your entry/exit rules.
Once entries/exits are confirmed, I will add in SL. I'm going to need a more detailed definition of "SL is recent/nearest low/high". There are too many ways to interpret this statement.
KosVisualBackTest.mq4 12 KB | 422 downloads