An Expert Advisor based on MACD Histogram & OsMA Histogram & Their MA

MQL4 Experts

Trabalho concluído

Tempo de execução 10 dias
Comentário do cliente
Good guy. Be patient with him
Comentário do desenvolvedor
Great man.. A++

Termos de Referência

Buy Entry Signal

  1. On the day/Analysis time frame, MACD(26,12,X) is above its 'X' EMA.
  2. On the day/Analysis time frame, OsMA (26,12,9) is above its 'X' EMA.
  3. On the 'Y'/Entry time frame, OsMA (26,12,9) is above its 'X' EMA
  4. On the 'Y'/Entry time frame, MACD(26,12,X) is crosses above its 'X' EMA.


Sell Entry Signal
  1. On the day/Analysis time frame, MACD(26,12,X) is below its 'X' EMA.
  2. On the day/Analysis time frame, OsMA (26,12,9) is below its 'X' EMA.
  3. On the 'Y'/Entry time frame, OsMA (26,12,9) is below its 'X' EMA
  4. On the 'Y'/Entry time frame, MACD(26,12,X) is crosses below its 'X' EMA.

Kindly note that each 'X' EMA should use the respective indicators' data e.g. MACD or OsMA data.


Buy Trades Exit Rules

  1. Stop Loss should be 1 ATR of the 'Y' time frame plus spread below the entry price
  2. Take Profit should be 4 ATR of 'Y' time frame above the entry.

Sell Trades Exit Rules

  1. Stop Loss should be 1 ATR of 'Y' time frame plus spread above the entry price
  2. Take Profit should be 4 ATR of 'Y' time frame below the entry.


Risk Management

Risk 'X' Percent per trade



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