Monster MACD

Moving Average Convergence/Divergence (MACD)

The relationship between two exponential moving averages (EMAs) of the price of a securities is displayed by the trend-following momentum indicator known as moving average convergence/divergence (MACD, or MAC-D). The 26-period EMA is subtracted from the 12-period EMA to calculate the MACD line.


Features:

Each entry has TP and SL to protect account.


Setup:

MAGIC: for EA entry identification

fast_ema_period: entry detection

slow_ema_period: entry detection

signal_period: entry detection

lot_size: equity management

max_orders: equity management

stop_loss: risk

take_profit: reward


Instructions:

Use on CADJPY H4.

Adjust lot_size and max_orders based on your equity.

Set File for 30$ account can be found in comments section.


Socials:

@mongezisibongakonke on IG

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Indicement MT4
Profalgo Limited
5 (2)
Experts
Welcome to Indicement! PROP FIRM READY! -> download set files here LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ NEW: Choose 1 EA for FREE! (limited to 2 trading account numbers) Ultimate Combo Deal   ->   click here JOIN PUBLIC GROUP:   Click here VERSION 4.0 LIVE RESULTS OLD VERSION FINAL RESULTS INDICEMENT brings my 15 years of experience in creating professional trading algorithms to the Index markets. The EA uses a very well thought out algorithm to find the best
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