MACD Master MT4
- Experts
-
AMS Trading
We code Indicators and Experts in MT4 and MT5 for real traders requiring robust, modular, reliable and extensible systems.
• You're an IB or Trader with a clear trading recipe.
• We're engineers who build it with extensibility, stability and user-friendliness. - Version: 1.2
- Updated: 5 May 2020
- Activations: 20
MACD Master
Our MACD Master is the Expert Advisor you were searching for.
It is easy to set up and brings Money Management such as automated or fixed Stop loss, risk management with fixed amount or percentage on the Account Balance or Account Equity and the most important for a solid system, the definition of the risk ratio - CRV.
How does the system work?
The system is based on the original idea of the MACD.
Whenever the fast EMA and the slow EMA of the MACD are crossing a sell or buy signal is being created.
To verify the signal on its strength, the signal is cross checked against the EMA 200.
A buy signal of the MACD is only valid is a verified up trend, means the Ask price is above the EMA 200.
For the sell signal goes the same, but the Bid price must be below the EMA 200.
Especially for the Forex market an CRV of 3 makes the EA to a very solid and reliable system.
Test the DEMO version 4 weeks for free!
Let's generate some money !!!
Settings
Money Management
1) fixed or automated stop loss: fixed stop loss, you define the stop in pips. Automated Stop loss, based on the last candles the stop loss will be calculated by the system
2) define your stop loss in pips: if you chose fixed stop loss, enter a SL in pips here
3) Choose Risk Management: define if you want ..% of your account or a fixed value
4) define your risk according to your risk management: enter a value in percent or money
5) Risk Ratio - CRV: for Forex it is the best to go for 3
6) Max open orders: define how many orders are allowed at the same time
7) Equity or Balance: when you defined a risk in percent, enter on which Account level it shall be calculated
8) How many currency pairs: if you want to share the rest equal on many pairs of your account, enter the number off pairs you are trading simultaneous. If you want the risk per trade nevertheless how many pairs, keep the 1.
9) Auto mode min SL size: define an absolute minimum SL, or set 0
10) Auto mode max SL size: define an absolute maximum SL, or set 0
MACD settings
11) MACD fast: MACD setting fast EMA. Standard is 12
12) MACD slow: MACD setting slow EMÁ. Standard is 26
Safety EMA setting
13) EMA reference EMA for the robot to open a trade. standard is 200
Extras
14) comment enter a name for your EA in case you are running different EAs on the same Account
15) show comment show the trading box or not. standard is show
16) text color for the trading box
17) values color for the trading box
18) Magic number give your EA a unique Magic Number
