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MACD Expert Advisor MT5

125 USD

Demo downloaded: 5

Published: 30 May 2024

Current version: 1.0

MACD Expert Advisor MT5

Experts
Ivan Historillo
Version: 1.0
Activations: 10

The MACD Expert Advisor uses the Moving Average Convergence/Divergence indicator to determine the market trend. It uses the MACD signal to place its entries automatically. The EA also uses the moving average indicator for additional confirmation. Various settings enable the EA to be optimized for different market conditions and trend following strategies. This program can also trade on specific trading sessions to capitalize on the increase of trading volume on certain times of the day. It can be used alongside other EAs.

Please do your own backtesting to test on specific market conditions.

[General Settings]

Fixed Lot Size
Use Dynamic Lot Size
Risk (%)
Use Moving Average Confirmation
Maximum Open Positions
Maximum Spread
Chart Comment
Magic Number

[MACD Settings]

Time Frame
Fast Length
Slow Length
Source
Signal Smoothing

[Moving Average Settings ]

Time Frame
Length
Offset
Method

[Take Profit Settings]

Use Take Profit
Fixed Take Profit
Dynamic Take Profit
Risk/Reward Ratio

[Stop Loss Settings]

Use Stop Loss
Fixed Stop Loss (in Pips)
Use Dynamic Stop Loss
Dynamic Stop Loss Range
Dynamic Stop Loss Buffer (in Pips)
Use Trailing Stop
Trailing Stop Range
Trailing Stop Buffer (in Pips)
Minimum Stop Loss (in Pips)

[Time Settings]

Use Specific Time to Trade
Trading Start (Hour)
Trading Start (Minute)
Trading End (Hour)
Trading End (Minute)
Close All Positions on End of Day
End of Day (Hour)
End of Day (Minute)

more...

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