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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
Latest test done on GBPUSD H4. Check screenshot for results. Minimum Deposit $30 Uses MA cross over strategy to analyses M5 and H4 timeframe simultaneously. The indicator used : Slow MA 30 Fast MA 2 Money Management Uses Martingale - the lot size is multiplied after each loss trade. Holds trade for average of 3 hours and takes small loss to protect account. Very stable and not affected by slippage and network latency errors. The EA is very active in market places more than 8 orders per day with