MACD sample.mql_add some features

[eduardo fiuza]

Could someone add EMA's and signal as a external variables? And a stop loss at this EA?

I think this EA can be profitable if adjusted.

Thanks

[Brian Dee - Random Trader]

Ed

Extra EMAs might help & stop losses are always good :)

but...

IMHO - this is just too simple to make money live trading - even though it can be 'optimised' on back-testing to produce a very nice (i.e. fitted) 'profit' curve...

This sample EA can only make money on clear trends & will get hammered during ranging price action :(

You need to add in:

1) Something to check for volatility - to give follow through once you have direction - ATR or perhaps better, StDev

2) Something to check for <is it ranging or trending> - ADX or.... am open to suggestions on something better here :)

My 2c worth

BB