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Ge Double Ema Macd

3.5

This EA is a robot based on two EMAs and an standard MACD.

No martingale or grid strategies. All positions have their own stop-losses.

Trading strategy:

This robot uses fast and slow EMAs to check the trend of the currency, once the trend is known, the standard MACD will trigger the correct order. Placing the best take profit and stop loss depending on the strengh of the trend.

The Expert Advisor is designed for best performance in EURUSD currency pair at a 15m timeframe.

Both slow EMA and fast EMA can be changed in order to meet the best market oportunities. The list of parameters the user can change is:

  • Lot size can be fixed or automatic based on risk %.
  • Fast EMA.
  • Slow EMA.
  • EMA divergence control.
  • Diferent strategies for TK and SL control.
  • Trailing stop.
  • Minimun volume % in the market to trigger orders.
  • Volatility (ATR) and trend strengh (ADX).
  • Days of the week to trade, and hour interval in those days.

GE Double EMA MACD can be used to trade any currency with the appropiate settings and can be helpful to check different strategies.

Download the demo version to test it in different configurations. Feel free to writte comments.


Reviews 5
BABAU
96
BABAU 2020.11.06 14:26 
 

This is a very interesting EA, I think it has good potential!

Joseph Kisakye
132
Joseph Kisakye 2021.02.18 19:44 
 

It's a good EA however adding input to enable Sell Only, Buy Only and Both Buy & Sell options would help more in money management depending on the strategy am using. I hope the dev can add this in the next update. Thanks

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Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is   Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool
Nexus EA Forex MT5
Enrique Enguix
4.5 (12)
Why do most EAs fail? Many Expert Advisors rely on temporary statistical advantages that disappear when the market changes, which happens continuously. The problem of over-optimization Moreover, most developers fall into the trap of fine-tuning their EAs to achieve perfect results in the past, without realizing that this won't translate to future market performance. It is crucial to conduct tests that consider future scenarios. The importance of diversification It is crucial n
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Tiago N De Carvalho E Pereira
177
Tiago N De Carvalho E Pereira 2022.10.12 18:10 
 

User didn't leave any comment to the rating

Garikoitz Errasti Randez
2104
Reply from developer Garikoitz Errasti Randez 2022.10.16 12:46
I am glad to see that you like the EA. I wish you good profits!!
Marcel Bühler
1443
Marcel Bühler 2021.03.06 18:47 
 

Good EA needs optimisation every few month.

Garikoitz Errasti Randez
2104
Reply from developer Garikoitz Errasti Randez 2021.03.07 18:08
I agree with you. As you can see in the description I ask users to give me ideas in order to improve this EA. Anyway I am developing new EAs using deep neural networks and different strategies. I expect soon will be released.
Joseph Kisakye
132
Joseph Kisakye 2021.02.18 19:44 
 

It's a good EA however adding input to enable Sell Only, Buy Only and Both Buy & Sell options would help more in money management depending on the strategy am using. I hope the dev can add this in the next update. Thanks

Garikoitz Errasti Randez
2104
Reply from developer Garikoitz Errasti Randez 2021.03.07 18:06
I have added that option. I wish you can find it useful. Any other idea in order to improve this EA would be welcome.
Bai Han Wu
155
Bai Han Wu 2021.01.11 07:58 
 

have any setfile?

Garikoitz Errasti Randez
2104
Reply from developer Garikoitz Errasti Randez 2021.01.19 22:24
The EA is already compiled with the best setup I got from the backtest. I suggest you to launch backtest with the data of the las couple of months to get the best settings for the week you are going to trade.
Best regards,
Garikoitz Errasti
BABAU
96
BABAU 2020.11.06 14:26 
 

This is a very interesting EA, I think it has good potential!

Garikoitz Errasti Randez
2104
Reply from developer Garikoitz Errasti Randez 2021.01.21 17:14
Thanks I wish you have had good experiences with it
Reply to review
Version 2.2 2021.03.07
New option added,
Sell or Buy orders can be selected
Version 2.1 2021.01.30
Solved "Unsupported filling mode" issue
Version 2.0 2020.10.21
Trailing stop added to the EA