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MACD is a powerful indicator if you can somehow filter out the false signals.
I have posted on my blog MACD Signal Line Trailing Forex Robot MQL4 Code.
This forex robot uses the MACD Signal Line to trail price action.
When MACD Signal Line crosses the histogram, the trade gets closed.
This forex robot does not open the order.
You will have to open the order manually.
If you think the trend is going strong, place this forex robot on the chart.
It will automatically trail the signal line and close the trade when the signal line crosses the histogram.
