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MACD No Sample - expert for MetaTrader 5

Published by:
Vladimir Karputov
Views:
4939
Rating:
(14)
Published:
2019.01.02 14:35
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Idea by Leonid Basis

mq5 code author - barabashkakvn

The Expert Advisor uses the iMA (Moving Average, MA) and iMACD (Moving Average Convergence/Divergence, MACD) indicators.

The MA indicator is used as the trend filter. 

Lot can be fixed or dynamic (set in the  Money management: Lot OR Risk parameter). Parameter The value for "Money management" sets either lot value or risk percent.

Trailing stop is applied for open positions.

A position opening signal also serves as a signal to close an opposite position.

MACD No Sample

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/23210

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