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MACD Trader FREE MT5

FREE

Published: 30 March 2018

Current version: 1.0

MACD Trader FREE MT5

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

Real account fully managed by the Expert Advisor

The paid version is available here.

The free version has the following limitations.

No panel for opening orders.
The trading is limited to the EURUSD currency pair and similar.
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.
Pause after closing of all orders is 6000 minutes.
During the analysis, no more than 50 orders are added to the database and 15 bars are checked.

Parameters

Common

TradeObjectsDelete: delete trade objects.
Magic: Magic number of orders opened by the EA.
Trading: type of trading, Netting or Standard.
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

MaxSpred: 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

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This is a fully automated multi-currency Expert Advisor with unlimited number of currency pairs using MACD and Envelopes indicators. You can specify how the EA should work with each currency pair. You can add orders manually. Real account fully managed by the Expert Advisor . The free version is available here . Parameters Common TradeObjectsDelete : delete trade objects. OrderPanel : display the panel for opening orders. TradeToBalance : target balance to stop trading. The parameter is trigg

300 USD

The indicator shows the upper, middle and lower price limits for a certain period of time. Also, two Moving Averages (MAs) are displayed. Parameters CTType : corridor basis. _Hour : hours, _Day : days, _Bars : bars CTPrice : price type, by bars. OpenClose : Open/Close prices, HighLow : High/Low prices CTShift : corridor shift CTNum : how much to consider for building a corridor, min 2 CTPeriodFast : Fast period, min 2 CTShiftFast : Fast MA shift CTMethodFast : Fast averaging method CTPeriodSl

30 USD

Automated multicurrency Expert Advisor with an unlimited number of currency pairs. In this case, it is possible to indicate on each individual currency pair how the adviser will work with it. You can add orders manually. The expert does not have a specific strategy. Everyone chooses what features he will use. And on what indicators and on which TF to work with them. Real account, which is fully led by an expert. MACD and Envelopes are used . Индикаторы Two Moving Average Envelopes RSI Force

400 USD

Closes a losing position. Due to the previous continuous, profitable series. SymbolsWork: Currency instruments (pairs) for the EA to work with. There may be variations when setting a pair. If set simply as EURUSD , GBPUSD: or AUDUSD:ALL , the EA opens both buy and sell orders. If a specific order type is set after a colon USDJPY:BUY , then the EA opens only buy orders and in case of eurjpy:sell , it performs only sell orders. The pairs are separated by commas. For example, the following entry "E

100 USD

This is a fully automated multi-currency Expert Advisor with unlimited number of currency pairs using MACD and Envelopes indicators. You can specify how the EA should work with each currency pair. You can add orders manually. Real account fully managed by the Expert Advisor The free version is available here . Parameters Common TradeObjectsDelete : delete trade objects. OrderPanel : display the panel for opening orders. TradeToBalance : target balance to stop trading. The parameter is triggere

300 USD