João Nunes @ neskk.com - 2015
Traditional MACD indicator with a Momentum indicator and alarms. Allows customization of most of the parameters without having to dive into code.
This is my MACD indicator, it has well structured code so even beginners can understand it and perhaps modify it. I've grabbed the Momentum idea from another indicator: https://www.mql5.com/en/code/11511.
I wanted a traditional MACD indicator where:
The Momentum line is calculated by comparing two MACD values with 10 bars in between. Then Momentum is passed into a Moving Average to make it smoother.
Since MACD 0-crossovers and Momentum reversals can be important signals for traders, I've incorporated two alarms, one for each of the signals mentioned.
I wanted to make this indicator user friendly and customizable, so I've included a lot of parameters:
This EA will help you to set Stop Loss and Take Profit.Trend_Catcher
The EA looks for trend using three MAs (period 200, 50, 25 or other) and opens orders using the Parabolic SAR indicator. There is martingale in an Expert Advisor, the lot is calculated in percents from a deposit depending on Stop Loss.