impressive â nearly 20,000 pdf downloads in less than 2 months Phillip Nel's '4 Hour MACD Forex Strategy' http://www.forexfactory.com/showthread.php?t=14630 excerpt post # 3029 '4Hour Strategy.zip' - mp3: " . . . the MAC D only keeps you out of wrong trades if you only follow the rule on the 4Hour you will stay out of wrong trades, that's no question about it . . . "
Just because a lot of people downloaded the PDF doesn't mean the method works ! But give the guy credit - he shares the pdf for free.
I thought it specified 4hr charts? Seems a good starting point, pays to come up with your own interpretation.