Market / MetaTrader 4 / Experts /

True Macd Range

50 USD

Demo downloaded: 470

Published: 8 December 2016

Current version: 1.5

True Macd Range

Experts
Aleksey Semenov
Version: 1.5
Updated: 6 July 2021
Activations: 15

The True Macd Range Expert Advisor is based on the standard MACD and ATR indicators.

A market entry is performed according to indicators' aggregate signals using stop levels and trailing.

The EA utilizes averaging and martingale, as well as the function of recovery from a loss.

System settings

averaging included – enable averaging.
averaging only on signal – average only by a signal.
closing by opposite signal – close in case of an opposite signal.
martingale mode – martingale type.
recovery mode – recovery mode.
martingale geometric progression – geometric progression step.
martingale arithmetic progression – arithmetic progression step.
martingale smart step close – calculate averaging order lot based on closing distance.
recovery factor – recovery factor.
step averaging – step in points for averaging orders.
averaged no more than once per N minute – average no more than once per N minutes.
trailbars – trailing stop by a number of the last minute bar.
lotsize – initial lot.
max lot sum – the maximum amount of lots in a series.
max trades open – the maximum number of trades in the series.
stoploss in points – stop loss in points.
breakeven+step in points – breakeven + step in points.
trailstep – trailing stop step.
close after № averaging – close to breakeven after a specified averaging order.
slippage – price slippage.
OrderMagicNumber – magic number.
autolot – lot auto increase when increasing a deposit.
perсent Risk for autolot - risk percentage for autolot.
hour start work - operation start hour.
hour end work - operation end hour.

Indicator settings

timeframe MACD – MACD timeframe.
timeframe ATR – ATR timeframe.
MACD fast – fast MACD.
MACD slow – slow MACD.
ATR fast – fast MACD.
ATR slow – slow ATR.
ATR fast volatility factor – volatility ratio of the fast ATR.
ATR slow volatility factor – volatility ratio of the slow ATR.

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Version 1.5 2021.07.06

code optimization

Version 1.4 2020.04.13

update for new terminal build

Version 1.3 2018.08.19

recovery fix

Version 1.2 2018.04.19

Added new variables