MACD Trend EA
- Experts
- Lachezar Krastev
- Version: 1.0
MACD Trend EA Top Features
Recommendations:
MACD Trend EA Settings
==== Risk Management ====
- FixedLots: fixed trading volume (works if AutoMM1=0).
- AutoMM: values greater than 0 (zero) activate automatic ММ (traded volume as a percentage of free margin).
==== General Settings ====
- LongTrades: true/false to enables/disables the long trades
- ShortTrades: true/false to enables/disables the short trades
- Magic: magic number - it is extremely important to keep this different for all EAs.
- MaxSpread: maximal allowed spread for position opening.
- Slippage: maximal allowed slippage for position opening.
- StopLoss: stop loss value in standard 4 digit pips. If you set 0 (zero) then the EA will close the trades only based on the exit logic.
- TakeProfit: take profit value in standard 4 digit pips. If you set 0 (zero) then the EA will close the trades only based on the exit logic.
- EA_Comment: text which will be added as a comment to each trade opened by MACD Trend EA.
==== Trailing Stop Settings ====
- TrailingStop: value in pips. The trailing stop value.
- TrailingStopStep: value in pips. The trailing stop step value. When the profit increases the EA will move the trailing stop based on this parameter.
- TrailingStopAfter: value in pips. When trade's profit is equal or greater to this value the EA set trailing stop. If you set value 0 (zero) then you can disable the trailing stop system.
==== MACD Settings ====
- MACDFastEMA: Fast EMA averaging period.
- MACDSlowEMA: Slow EMA averaging period.
- MACDSMA: Signal line averaging period.
- MACDIndex: Index of the value taken from the indicator buffer. The default value is 0 and it means that the EA will take the last MACD values. If you set 1 then the EA will take the previous bar MACD values.
- MACDTimeFrame: Timeframe. By default it is H1 which is good for trend strategies.
- MACDAppliedPrice: Applied price.
- CloseByMACD_1: true/false to enables/disables the exit system 1.
- CloseByMACD_2: true/false to enables/disables the exit system 2.
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