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Macd Power - expert for MetaTrader 4

Views:
14094
Rating:
(9)
Published:
2019.01.07 00:09
Updated:
2025.03.24 09:01
Macd Power.mq4 (105.27 KB) view
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"Macd Power" trades with 2 " Macd " indicators has virtual  Stop Loss & Take Profit works on 4H & 1D time frames major  forex pairs and stocks NASDAC.

  • Try it on demo first.
  • This EA trades only with the price of open candle!
  • If you do not want to trade with increasing lot size when you lose  a trade set:"IncreaseFactor=0"
Inputs:
    •  Use_TP_In_Money- Use Take Profit In Money (values:true/false).
    •  TP_In_Money- Take Profit In Money   (values: 10-100).
    • Use_TP_In_percent- Use Take Profit In Percent (values:true/false).
    • TP_In_Percent- Take Profit In Percent (values: 10-100).
    • ------------[Money Trailing Stop For Multiple Trades]----------------------
    • Enable_Trailing-Enable_Trailing with money  (values:true/false).
    • Take Profit In Money (in current currency) (values: 25-100).
    • Stop Loss In Money(in current currency) (values: 1-20).
    • ------------------------------------------------------------------------------------
    • Exit= Close trades if the trend is against you and control draw dwon (values:true/false).
    • Lots - Lots size (values: 0.01-10).
    • Lots size Exponent  (values: 1.01-2).
    • IncreaseFactor -how much to increase lots from total margin if you lose a trade (values: 0.001-0.1).
    • Stop_Loss - Stop Loss (values: 30-500).  /set value 600 for  Multiple Trades
    • MagicNumber - Magic number (values: 1-100000).
    • TakeProfit - Take Profit (values: 50-200).  /set value 600 for  Multiple Trades
    • FastMA - Fast Moving Average (values: 1-20).
    • SlowMA - Slow Moving Average (values: 50-200).
    •  Mom_Sell-Momentum_Sell trigger(values: 0.1-0.9).
    •  Mom_Buy-Momentum_Buy trigger(values: 0.1-0.9).
    • ---------------------CONTROL DRAW DOWN-----------------------------
    • UseEquityStop -(values:true/false).
    • TotalEquityRisk- (values: 0.01-20).
    • -----------------------------------------------------------------------------
    • Max_Trades(1-12). 
    • IF YOU USE ONLY 1 TRADE:
    • //////////////////////////////////////////////////
    • USETRAILINGSTOP-If use trailing stop (values:true/false).
    • WHENTOTRAIL-When to trail (values: 40-100).
    • TRAILAMOUNT-Trail amount (values: 40-100).
    • Distance From Candle -Distance From Candle (values: 1-100).
    • USECANDELTRAIL=If use candle  trailing stop (values:true/false).
    • X=2-number of candles (values: 1-100).
    • Enable "Break Even" -(values:true/false).
    • When move "Break Even"- (values: 5-30).
    • How much pips move- "Break Even" (values:5-30).

    You should optimize this EA every few months and use the exact same  inputs from above .
    You can use it as  hedging grid EA or a single trade EA.
    How to perform back test:https://bit.ly/2CD7XWD
        Macd Power



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