MACD Trading MT5

Automate your MACD strategy!

This EA alerts and/or places orders according to MACD strategies with additional filters. It means that you can use it by 2 different ways:

  • Receive alerts based on your MACD strategy with filters on multiple symbols simultaneously in a single chart window;
  • Choose the fully automated mode and let EA place orders based on your MACD strategy, filter choice and money management.

This EA works with all broker symbols and contains multi-symbol modes (market monitoring, major currency pairs or symbols in the list).

  • The default settings are for the EURUSD pair, but you can change the settings to suit your strategy.
  • For backtests, use ‘only_symbol_on_the_chart' mode for the 'Symbols' parameter.
  • The chart can be opened in any timeframe, the timeframes entered in the settings will be used for calculations regardless of the chart timeframe.
  • Warning 1: before using this EA, please read its documentation on this page.

    Warning 2: if you have problems installing the EA, update MT5. If you still have problems, contact me in PV.


    Functionalities of the EA:

    Alerts:
    • Choice between 2 different MACD strategies.
    • Additional filters (moving average, RSI & pivot points).
    • Terminal alerts and smartphone notifs separately customizable for signal and/or trading alerts.
    • Activation/deactivation for each day of the week with start- and end-time.
    Trading:
    • Lots size in % of current account balance (+ current profits) or fixed lots.
    • Break even, trailing stop and grid system options.
    • 1 main order at the time by symbol + max simultaneous orders for multi-symbol modes and/or grid system.
    • Possibility of stopping the trading session once the max losses and/or max wins have been reached (account balance + current profits) during the day.
    • Option to close all bot orders before the weekend with the choice of time.
    • Max allowed spread and slippage.
    • Auto adjustment of min SL/TP and nearest lot size in case of user’s error.
    • Security alert in case of risky money management.
    • Possibility of stopping the EA if the maximum drawdown is reached (useful for speeding up optimization backtests).
    Other:
    • Compatibility to backtests (use ‘only_symbol_on_the_chart' mode).
    • Works with any symbol (forex/indices/CFDs/crypto...).

    For any questions or suggestions, please leave a comment!


    See my other products here.


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