Name: MACD
Rating: 4.310344827586207 (29 reviews)
Author: Vladimir Karputov

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Published by:

Vladimir Karputov

Views:

11658

Rating:

(29)

Published:

2017.03.22 16:26

Updated:

2018.02.26 10:19

MACD.mq5 (17.04 KB) view

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Author of the idea — Yuri, author of the MQL5 code — barabashkakvn.

The implementation of the MACD pattern "Trend continuation".

The Expert Advisor was written in order to check the efficiency of the trading strategy described by the author.

Brief description of the strategy:

Searching for a buy signal:

The MACD histogram must form a High above 0.0015
Once a Low is formed above 0.0015, the histogram must go below -0.0005 and reverse with a value greater than 0,0005 without going below zero;

Searching for a sell signal:

The MACD histogram must form a High above -0.0015
Once a High is formed above -0.0015, the histogram must take a value higher than -0,0005 and reverse downwards with a value lower than -0,0005 without going above zero

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/17773

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