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MACD Trader FREE

This is an automated Expert Advisor that trades using the MACD and Envelopes indicators.

Real account fully managed by the Expert Advisor.

The free version has the following limitations.

  1. No panel for opening orders.
  2. The trading is limited to the EURUSD currency pair and similar.
  3. Orders can only be opened with the minimum lot, no more than 5 orders can be opened in the same direction, to a total of 10 orders.
  4. Pause after closing of all orders is 6000 minutes.
  5. During the analysis, no more than 50 orders are added to the database and 15 bars are checked.

The paid version is available here.


Parameters

Common

  • TradeObjectsDelete: delete trade objects.
  • Magic: Magic number of orders opened by the EA.
  • Trading: type of trading, Netting or Standard in the directions specified in TheMainPair.
  • SavingInfo: save to files/variables.
  • Messages: messages.

Indicators

  • MACD
    • MACDfastEMA: Fast EMA Period.
    • MACDslowEMA: Slow EMA Period.
    • MACDsigLine: Signal SMA Period.
    • MACDprice: select one of the price options.
    • MACDnoOpen: the number of points from 0 to not open positions.
    • iBarLook: number of bars to look back for comparison. Refers to both indicators. There is no need to set a large value. The optimal ones are 1-3.
  • Envelopes
    • EnvelopesPeriod: period.
    • EnvelopesShift: MA shift.
    • EnvelopesPrice: select one of the price options.
    • EnvelopesMAMethod: smoothing methods
    • EnvelopesDeviation: deviation (in percent).

Working with Orders

  • MaxSpread: maximum allowable spread to open trades. 0 - any.
  • Deviation: default slippage.
  • StepPips: distance to the next order in pips.
  • StopLossOrder: stop loss when opening an order. **
  • TakeProfitOrder: take profit when opening an order. **

Working with a loss-making order

  • MinusProfitFactor: * for the negative order, Lot*X. **
  • LockMinusProfitFactor: * for covering the negative order, Lot*X.

Stop Loss when tracking for profitable market orders

(All stop losses should not be lower than allowed by STOPLEVEL)

  • SecCheckStop: the minimum number of seconds to modify Stop Loss/Take Profit.
  • InterestOrderP: breakeven percentage for profitable orders. **
  • MinStopLoss: minimum stop loss for profitable orders. **
  • TakeProfitOrderMod: take profit for modified orders. **

Take profit

  • ProfitFactor: * for all orders (average Lot*X). **
  • PairFactor: * for the currency pair during rollbacks (average Lot*X). **
  • PairHeadingFactor: * for the currency pair direction during rollbacks (average Lot*X). **
  • OrderProfitFactor: * for profitable orders during rollbacks. **

Training

  • TrainingWork: training mode.
  • AnalysisProfit: profit of an order to add it to the trading database (pips).
  • AnalysisMinus: loss of an order to remove it from the database (pips).

* - profit multiplier

** - if 0, disabled/not used/not taken

Reviews 4
Rewerpool
112
Rewerpool 2018.03.04 10:24 
 

Have no doubt! !! All correctly!

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⭐⭐⭐⭐⭐ Speed magic New MT5 version   Русскоязычное описание Telegram band Speed Magic .set files and expert settings Speed magic New - This is a  completely new trading system  to achieve the  fastest possible profit  . This is a   mixture of  one of the best time-tested trading systems with the addition of aggressive parameters and an aggressive hedging system. This is not a grid or scalper familiar to everyone with a maximum deposit load, but an   artificial intelligence system  for
99 USD
Scalper MultiCharts
Denis Nikolaev
Scalper MultiCharts is a fully automatic multi-currency trading system for night scalping. Version of ScalperMultiCharts adviser for MT5 terminal  https://www.mql5.com/ru/market/product/33510 You can view the monitoring of the adviser's work here https://www.mql5.com/ru/signals/732551 Peculiar properties -The EA trades on EURUSD, USDCHF, GBPUSD, USDCAD, USDJPY, AUDUSD, NZDUSD, AUDCAD, AUDCHF, AUDNZD, CADCHF, gbpcad, NZDCAD, EURCAD, EURGBP, EURNZD, EURAUD, GBPAUD, GBPCAD. -Advisor does not use r
149.99 USD
Moving Average Envelope tfmt4
GTV Holdings, LLC
The Moving Average Envelope system has an entry based on the price breaking out of an upper or lower envelope created by a percentage of a simple moving average. As the price breaks out of the envelope, this EA opens a new position to catch a trend if the price continues to move. The SMA in the middle of the envelopes is used as a trailing exit when the price reaches it. Note that the envelopes must be set for each timeframe and symbol as they are not dynamic to set the correct envelope range ar
10 USD
AMRB Scalper
Sirojiddin Nosirov
Signals of the AMRB Scalper Expert Advisor for trading Forex are generated using Demarker, Stochastic, and Moving Average (МА) indicators determining the trend strength and probability of its change. The EA has proven results on M5, M15, M30 AUDUSD, EURUSD, GBPUSD, USDJPY, NZDUSD, however you can change the settings for better results on other currencies. Features No martingale; No grid; No hedging; The EA works around the clock and does not use the time filter; The EA works both with fixed an
10 USD
PipFinite Trend Grid EA
Karlo Wilson Vendiola
Smart Grid Trading Expert Advisor Based on the Direction of the Trend. This EA uses an innovative approach in grid trading equipped with customizable parameters. Optimized settings and results can be accessed on our Private Telegram Group. Private Telegram Group Access Send a proof of purchase to ► support@pipfinite.com / MQL5 Private Message Free settings on telegram channel ► https://t.me/pipfinite/508 Notes EA will only work on LIVE if you purchased the indicator: PipFinite Trend PRO M
98 USD
Black Horse
Ramil Minniakhmetov
 Black Hourse full auto Expert Advisor   uses Ant channels in its work. It is based on short-term reversal patterns that take advantage of the tendency of currency pairs to move towards the mean. Real operation monitoring as well as my other products can be found here:   https://www.mql5.com/en/users/mechanic/seller The settings will be added in the comments #28 as they are optimized.    Telegram is  here . Inputs Value: NewCycle  — when enabled, the EA works non-stop, otherwise, the EA do
99 USD
Red Hawk EA
Wim Schrynemakers
!! RED HAWK - LAUNCH PROMO !! ONLY 4/10 COPIES AVAILABLE AT 149$ NEXT PRICE -> 199$ Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Since this kind of strategy works best with low spread and fast execution, I advise using an good ECN broker. My recommended broker for this strategy :  https://www.icmarkets.com/?camp=4
149 USD
Turtle Scalper Pro
Michela Russo
Turtle Scalper Pro is a trading robot  for the trading on forex. This is a mix of Trend Following and Counter Trend system.   Backtest Now! This Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss and TakeProfit . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Wasp Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by   mql5 message   o
199 USD
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Matthew Todorovski
13206
Matthew Todorovski 2018.05.10 14:01 
 

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philippe germain
2278
philippe germain 2018.05.02 11:13 
 

Waste of time!

Rewerpool
112
Rewerpool 2018.03.04 10:24 
 

Have no doubt! !! All correctly!

ikssss
55
ikssss 2018.02.17 10:30 
 

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Reply to review
Version 1.11 2018.03.30
1. Changed the saving of the values of the opened orders. They can now be saved in files or global variables.
2. Added the ability to send push notifications or emails when receiving profit.
Version 1.1 2018.03.06
1. Added the ability to enable/disable working with files
2. Added the ability to set the smoothing method for Envelopes