Mastering the Natuseko Protrader 4H Strategy for MetaTrader 4

Mike 2008.08.07 17:00 23 0 0
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Are you ready to enhance your trading game with the Natuseko Protrader 4H Strategy on MetaTrader 4? Let’s dive into the essentials of this strategy to help you spot those crucial buy and sell signals.

How to Identify a Buy Signal

  • EMA Cross: Look for the 13-period exponential moving average (EMA) to cross above both the 21-period and 55-period EMAs on your price chart.
  • Parabolic Indicator: Ensure the Parabolic SAR is positioned below the current price.
  • RSI Levels: The RSI indicator should be above 50 but below 65.
  • MACD Check: The MACD histogram needs to be above the 3-period simple moving average (SMA) derived from the MACD values.
  • Bollinger Bands: Confirm that both the MACD histogram and the 3-period SMA are above the midline of the Bollinger Bands.
  • Stop-Order Placement: Set your stop-order 10 points below the 55-period moving average or at the Parabolic SAR value.
  • First Target: Close 50% of your position when the RSI exceeds 65, or the Parabolic SAR moves above the price.
  • Final Target: Close the remaining 50% when the RSI falls below 50.

How to Identify a Sell Signal

  • EMA Cross: Watch for the 13-period EMA to cross above the 21-period and 55-period EMAs.
  • Parabolic Indicator: The Parabolic SAR should be above the price.
  • RSI Levels: The RSI must be below 50 but above 35.
  • MACD Check: Ensure the MACD histogram is below the 3-period SMA.
  • Bollinger Bands: Both the MACD histogram and the 3-period SMA should be below the midline of the Bollinger Bands.
  • Stop-Order Placement: Set your stop-order 10 points above the 55-period moving average or at the Parabolic SAR value.
  • First Target: Close 50% of your position when the RSI drops below 35, or the Parabolic SAR shifts below the price.
  • Final Target: Close the remaining 50% when the RSI rises above 50.

For an in-depth look at the research results and external parameters of this strategy, check out the 24th issue of our journal: here.

If you’re looking for a more detailed breakdown of the strategy, you can find it here. Plus, download the latest version of the Natuseko Protrader 4H Strategy EA and access detailed reports here.


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