GannMACDX

The GANNMACD is an Expert Advisor developed for MetaTrader 5 (MT5), combining two technical analysis strategies: MACD (Moving Average Convergence Divergence) and Gann Levels. It uses these tools to identify buy and sell conditions, executing trades automatically based on customizable settings.

Main Features:

  • MACD: The MACD indicator is used to generate buy and sell signals. The script compares the MACD main line with the signal line to identify trend reversals.
  • Gann Levels: The strategy also applies Gann levels (1x1 and 2x1) to identify potential support and resistance points on the chart. The current price is compared to these levels to decide the direction of the trade.

Entry Conditions:

  • Buy: A buy signal is generated when the MACD crosses above the signal line and the price is above a specific Gann level.
  • Sell: A sell signal occurs when the MACD crosses below the signal line and the price is below a specific Gann level.

Risk Management:

  • Stop Loss and Take Profit: Defined in points, allowing traders to set clear loss and profit limits.
  • Breakeven: The EA moves the stop loss to breakeven once the price reaches a specific profit level.
  • Trailing Stop: After breakeven, the stop loss is automatically adjusted to protect profits as the price moves in favor of the position.

Order Control:

  • The EA limits the number of open orders per type (buy or sell) and imposes a minimum interval between orders to avoid overtrading.
  • Order volume is verified to ensure compliance with broker parameters.

Customizable Parameters:

  • MACD: Periods for fast, slow, and signal moving averages.
  • Gann Levels: Multipliers for 1x1 and 2x1 levels, with an option to enable or disable Gann levels.
  • Risk Management: Stop loss, take profit, breakeven, trailing stop, and order volume settings.

Objective:
The GANNMACD is designed for traders who want to use a combination of trend analysis (MACD) and price analysis (Gann) to optimize their Forex trades, focusing on automated order execution and efficient risk management.

Considerations:

  • The script allows parameter customization, making it flexible for different trading styles.
  • With breakeven and trailing stop implementation, the script helps protect profits while allowing trades to benefit from favorable market movements.
  • This Expert Advisor is an excellent tool for traders seeking automated strategies based on proven technical indicators and robust risk management.


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Introducing   Quantum Emperor EA , the groundbreaking MQL5 expert advisor that's transforming the way you trade the prestigious GBPUSD pair! Developed by a team of experienced traders with trading experience of over 13 years. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Buy Quantum Emperor EA and you could get Quantum StarMan for free !*** Ask in private for more details Verified Signal:   Click Here MT4 Version
Adaptive Gold Scalper MT5
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4 (32)
Experts
Adaptive Gold Scalper Important Pre-notice: This strategy requires a long period of practical verification, and favorable trading returns cannot be guaranteed in the short run. Traders must select brokers with ultra-low order latency, minimal slippage and zero/low stop level requirement; poor broker conditions will lead to disastrous trading results. I have over 14 years of professional trading experience. With proper brokerage conditions and sufficient running time, this fully automated scalpi
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Experts
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MQL TOOLS SL
4.33 (112)
Experts
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Lo Thi Mai Loan
5 (2)
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Live Signal: https://www.mql5.com/en/signals/2382857 Live Signal-2: https://www.mql5.com/en/signals/2390825 Live Signal Setfile  (Risk 2% per trade) IMPORTANT - READ BEFORE CHOOSING A MODE: full backtest of all 11 Trading Modes → https://www.mql5.com/en/blogs/post/775822 You've watched Gold rip 1500 points in a straight line and felt your stomach drop - not because you were wrong about the direction, but because you were still staring at your phone, half a second too slow to click. You've set a
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Scalping Index Pro is a professional trading system designed specifically for fast and precise scalping on US30 and DE40 using the M1 timeframe . The system has been developed specifically for the unique behavior of major stock indices, focusing on short term price movements, rapid momentum changes, market volatility, and selective grid based trade management techniques to identify high probability trading opportunities . Scalping Index Pro is optimized for traders who prefer dynamic trading wit
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