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: