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MACD Expert

MACD based Expert Advisor. Includes functions for moving positions to breakeven, point based trailing, trailing based on past Hi/Low bars for a preset period. The EA provides advanced indicator settings.

  • Buy signals are formed when the histogram and the signal line are below the zero level of the indicator and the fast MA moves below the slow MA (each bar of the histogram is below the previous one), and the signal line is above the histogram.
  • Sell ​​signals are formed when the histogram and the signal line are above the zero level of the indicator and fast MA rises above the slow MA (each bar of the histogram is above the previous one), the signal line is below the histogram.

Parameters

  • BalanceRisk—calculating trading lot as % of balance;
  • Lots—fixed lot if BalanceRisk =0;
  • TakeProfit—profit in points;
  • StopLoss—loss in points;
  • Slippage—maximum slippage;
  • Com—comments to trades;
  • MagicNum—magic number;
  • Timeframe—MACD timeframe;
  • FastEma—fast MA period;
  • SlowEma—slow MA period;
  • Signal—signal line period;
  • AppliedPrice—averaging method;
  • Shift—shift relative to the current bar;
  • LevelUp—indicator level above 0;
  • LevelDn—indicator level below 0;
  • MM_RiskBalance—if true, closes positions based on profit % or balance drawdown;
  • MaxDrawdown—closing trades when the preset % of drawdown is reached;
  • ProfitClose—closing trades when the preset % of profit is reached;
  • BreakevenDeals—if true, breakeven is enabled;
  • BreakevenStart—minimum distance in points from position opening price to move it to breakeven;
  • BreakevenStep—minimum profit in points required to move a position to breakeven;
  • Trailing—if true, stop loss is trailed in points;
  • TrailingStart—minimum distance from the order opening price for trailing;
  • TrailingStop—trailing start in points;
  • TrailingStep—trailing step in points;
  • TrailingHiLow—if true, stop loss is trailed based on past Hi-Low bars;
  • TimeFrameB — timeframe to search for past Hi-Low bars;
  • BarCount—the number of bars to search for highs/lows;
  • IndentHiLow—indent from highs/lows in points;
  • ShowInfo—if true, show trading info;
  • TextColor—text color;
  • Font—text font style.
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