MACD+200 EMA
Buy conditions
1- The price is above the 200 EMA
2- MACD line and signal line below the zero line
3- The MACD line cross above the signal line
The trade will open at the closing of the signal candle
Stop loss
The stop loss is 1.6 ATR value below the low of the signal candle, (and I need to be able to change it if I want)
I need to be able to choose between PIPs value, account % and lot size for my stop loss and take profit
Take Profit
I need two targets and I need to be able to change the value of each one if I want (Pips value, lot size and account %)
The first target will close part of the position and also I need to be able to change the part value if I want.
Please include the word MACD in your comments
Sell conditions
1- The price is below the 200 EMA
2- MACD line and signal line above the zero line
3- The MACD line cross below the signal line
The trade will open at the closing of the signal candle
Stop loss
The stop loss is 1.6 ATR value above the High of the signal candle, (and I need to be able to change it if I want)
I need to be able to choose between PIPs value, account % and lot size for my stop loss and take profit
Take Profit
I need two targets and I need to be able to change the value of each one if I want (Pips value, lot size and account %)
The first target will close part of the position and also I need to be able to change the part value if I want.
Please note
I need the option to choose the trading time
Example from 00:00 to 04:00 and from 13:00 to 16:00
But of course I can change it to any time (the EA will work only in the selected time)
Also I need to be able to exclude more than one day like Monday and Friday or any other days in the week (the EA will not work during the excluding days)
Please not I’m using the MACD for trading view (MACD line, Signal Line and histogram) I don’t know if it the same with MT4, also I’m using trailing stop loss multiple of ATR by bluephantom for trading view if this will help.
I need to be able to change the indicators values like periods, ATR multiplier
If you need any more clarifications please feel free to ask
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