Automated MACD Trader - page 12
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SIMPLE-MACD-EA : An extremely simple EA based on 2 channels of MACD. Try it!
Sergey Golubev, 2021.12.20 09:55
This is advaned and improved version of iMACD Four TimeFrames: some new parameters were added, besides the Ea was optimized for backtesting and optimization with full deskription about the parameters and how to optimize for better setting to be used.
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iMACD Four TimeFrames Full - expert for MetaTrader 5
The EA creates iMACD (Moving Average Convergence / Divergence, MACD) indicators on four timeframes (' Working timeframe (# 1 timeframe) ', '# 2 timeframe ', '# 3 timeframe ', '# 4 timeframe ' ). As soon as all four indicators fulfill the condition: the main line is above the signal line and they are above zero (a BUY signal) or the main line is below the signal line and they are below zero (SELL signal), the corresponding position will be opened.