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Macd Ema EA

70 USD

Demo downloaded: 39

Published: 6 February 2023

Current version: 1.0

Macd Ema EA

Experts
Mohamed Ahmed Mohame Alhmoudi
Version: 1.0
Activations: 5

This is one of the most used strategy in forex market and you can find many youtube videos about it. The strategy is based on MACD CROSSOVER for buy & sell signals and EMA to check the current trend .

For buy setup,

- A bullish signal is present when the MACD line crosses ABOVE the signal line and is below the zero line.

- Candle are above the moving average ( you can specify how Many candles can be counted after Macd cross ).

For sell setup:

- bearish signal is present when the MACD line crosses BELOW the signal line and is above the zero line.

- Candles are blew moving average

What does it trade?

Forex pairs, Commodities , crypto and stocks

PARAMETERS?

All parameters are clear but I will explain few of them

- Expert Candles Check after Macd Cross: once a macd cross happen, the expert will check the candle if its above or below ema , you can choose how many candles to check after the crossover happen.

- Enable Ma Trend Trades: you can use another Moving Average in different time frame to make sure you are trading with the trend.

NOTES?

- MACD crossover works better for higher time frame .

- All screenshots are the results of backtesting

- You Need to download MACDClassic ( you will find it in the comments)

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