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MACD Expert Advisor for Prop Firms

139 USD

Demo downloaded: 141

Published: 24 September 2022

Current version: 3.8

MACD Expert Advisor for Prop Firms

Experts
Riccardo Borello
Version: 3.8
Updated: 21 July 2023
Activations: 10

MACD EA for Prop Firms is an Expert Advisor designed specifically to overcome Proprietary Firms challenges such as MyForexFunds to obtain a founded account. In fact, it has specific functions to comply with the rules imposed by the companies that offer managed accounts.

- It is based on a strategy with MACD and EMA indicators that signals to the EA when to open positions

- Works on all Forex pairs, recommended on M5, M6, M10 timeframes.

- The EA should work on VPS 24/7

- Write to me privately to get the parameters already optimized by me for the various challenges and the presets to optimize

Functions for prop firm:

Daily and monthly drawdown control
Possibility to set a maximum profit target in which the EA stops (for example the 8% required by MFF to pass the first phase)
Possibility to backtest the number of past months in which it would have passed the challenge (via custom max, e.g. 31001 -> 31 months passed the challenge, 1 month closed positively)
If drawdown is reached, the EA stops and the combination of parameters is discarded (the custom max value is set to 0)

Additional features:

Choice of percentage to risk of the capital
Choice of risk and return
Choice of operating days and times
Possibility to breakeven
Possibility to set one or two partial TPs
Limit the number of maximum or minimum pips for the stop loss setting to avoid too long trades

more...

873

Livio Yves Chathuant 2023.07.21 20:40 #

I will give my opinion later

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599 USD

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Livio Yves Chathuant 2023.07.21 20:40 #

I will give my opinion later

Version 3.8 2023.07.21

Updated default parameters with new backtested combination

Version 3.7 2023.05.25

Fixed months counting bug: in rare cases the months closed at target were also counted as months closed in profit

Version 1.60 2023.01.23

-Fixed bug in test mode
-Added ability to recover previous month loss in backtest
-Added possibility to choose the maximum spread with which to open trades

Version 1.50 2023.01.21

- Added spread check before opening trade

Version 1.40 2022.12.07

- Added "live mode": if you attach the bot to the graph, this must be set to true; if you are testing the bot, it should be set to false.
- Added input parameter distance from average: the EA will open positions only if, when the indicator has confirmed, the price is within a certain number of pips from the moving average

Version 1.30 2022.10.11

- Added default best combo parameters for testing: use on GBPUSD M5 from January 2020 to September 2022
- Changed the input parameters: now profit target and drawdown are set as percentages

Version 1.20 2022.09.27

Added the possibility to choose the time zone of the operating hours in the input parameters

Version 1.10 2022.09.27

Aggiornamento 1.1 pubblicato: bug fixati

Description quality and completeness		4
Reliability and usability		4
User support		4