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Published:
2017.03.02 11:49
Simple_MACD.mq5 (18.76 KB)view

Trading on a new bar only. Trading rules are simple — on the new bar, compare the value of the main line on bar (1) and bar (2):

If MAIN_LINE MACD (1) > MAIN_LINE MACD (2) -> Buy,

If MAIN_LINE MACD (1) < MAIN_LINE MACD (2) -> Sell.

When a signal opposite to open positions is received, close all positions.

 

The code can be seen as a test of the theory: if MACD is greater than the previous value, we can buy. As you can seen, the theory in this form is completely a failure. It requires additional filters and protection of positions. 

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/17425

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