Description: This trading robot is designed to interpret trading signals generated by the MACD indicator on the MetaTrader 4 (MT4) platform. The robot utilizes advanced applications of MACD parameters to build a sophisticated trading strategy.
Objective: The robot is created to automate trading based on signals derived from the MACD indicator, allowing for automatic exploitation of market movements and improved trading outcomes.
Key Features:
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Long Entry: The robot will enter long positions when the MACD histogram crosses above the zero line and rises.
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Exit from Long Position: The robot will exit a long position when the MACD histogram crosses below the zero line.
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Short Entry: The robot will enter short positions when the MACD histogram crosses below the zero line and decreases.
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Exit from Short Position: The robot will exit a short position when the MACD histogram crosses above the zero line.
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Risk Management: The robot can manage stop-loss and take-profit levels automatically, based on predefined parameters.
Desired Behavior: The user can define preferred stop-loss and take-profit levels, as well as set filters and additional constraints.
Programming Language: The robot can be compatible with the programming language preferred by the freelance programmer, and it will interface with MT4 to read MACD data and execute trading actions.
Time Management: The robot can initiate and conclude trading actions based on user-defined timeframes.
Privacy and Security: Maintaining data security and privacy is essential, ensuring that the robot operates in accordance with user instructions and restrictions.
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