Lucky Star MACD

Created for signal providers, expert job, as well as for participation in various forex contests(and not only), can independently open an unlimited number of orders on the indicators Moving Average Convergence / Divergence.It can trade in a multi-currency variant (this feature is disabled in the demo version).

A series of experts:Lucky Star RSI and MACD, Lucky Star WPR, Lucky Star RSI, Lucky Star MA, Lucky Star SO, Lucky Star MACD, Lucky Star MA and SO, Lucky Star MA and MACD, Lucky Star SO and MACD  the probability of winning real money in management or bonuses to real accounts (read more on this in my blog). EA can be configured under the many rules of various contests of various brokers, if the trading of robots is of course allowed.The whole series of advisors  Lucky Star  have the ability to determine the permission to trade robots and immediately alert you using the alert system Alert (a separate window will pop up with a sound alert, see screenshot) in the MT4 terminal.Alert will also warn you about an error, if you accidentally logged into the account under the investment password. The adviser will also determine the type of account ( real, demo or competitive account, see screenshot) and inform you about it in the information panel.

EA can trade around the clock until you stop it.Orders are set according to the signals of the MACD indicators (the signals can be turned on both in parallel and together, that is, in the first case, any first signal opens orders, in the second case, orders open only when both signals give an opening signal), closing orders occurs by action Stop Loss, Take Profit ,TrailingStop, or manually in the information panel (see screenshot), where you can close orders for loss  LOSSPROFIT profit, or all active orders ALL, for the currency pair on which the advisor is installed.Take Profit, Stop Loss, TrailingStop and lot value -Lot,you choose yourself or set according to the rules of competitions (see blog).In the EA interface (see screenshot), you can carefully adjust the MACD indicators using various methods of averaging, closing or opening bars (the number of bars for averaging), etc. using the MT4 strategy tester and your broker's trading history.

The Expert Advisor can trade both in mono and multicurrency options. Only in the multicurrency variant, when selecting opposite currency pairs, hedging starts to work. To do this, you must attach the adviser to a new window of another currency pair with a change in the number MagicNumber and, accordingly, enter other input parameters of this currency pair.

Input parameters

  • Lot - lot size you can use any lot size, fractional 0.01 or 0.1;
  • TP - take profit;
  • SL - stop loss;
  • NumberOrder - number of orders;
  • Use Trailing Stop - enable / disable trailing stop;
  • Trailing Stop - trailing stop value;
  • TimeFrameMACD - any time interval for indicator Moving Average Convergence/Divergence;
  • FastEmaPeriod - fast period for MACD, preferably 1-30;
  • SlowEmaPeriod - slow period for MACD, preferably 1-30;
  • SignalSmaPeriod - signal period for MACD, preferably 1-15;
  • ValuePricesMACD - at what price the MACD indicator is calculated;
  • Open_Level - MACD filter line, preferably 1-10;
  • Close_Level - MACD filter line, preferably 1-10; 
  • MagicNumber - magic number, integer constant used to uniquely identify orders. 

The screenshots show the approximate capabilities of the adviser.  Instructions for configuring advisor Lucky Star MACD. EA work signals here or in profile.

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5 (1)
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4.85 (172)
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MQL TOOLS SL
5 (2)
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