PriceActionAi Macd SPA

This EA is intended to assist with surveying and trading performance statistics with MACD indicator .

Only one order at a time can be opened, at the end of the order can the next order be opened

When the value of MACD is within the configuration value of MACD Min For Buy and MACD Max For Buy

In Reverse mode, the SELL command will be opened instead of the BUY command.

When the value of MACD is within the configuration range of MACD Min For Sell and MACD Max For Sell

In Reverse mode the BUY command will be opened instead of the SELL command.

2. Configuration parameters

2.1. Basic parameter group

A. System Settings

• Day of week: Day of the week
• Trading Hours: Hours of the day
• Minute Min: From minutes
• Minute Max: Up to the minute
• Magic number: EA ID number   

B. Trading Settings

• Balance stop percent (0 = No Stop): Trade stop level. Once the profit / loss is loaded at this%, the EA will stop running.
• Reverse: Reverse
• Spread Limit (in points): The maximum spread when checked for entry
• Slippage Limit (in points): Maximum price slide when entering the order

C. Volume Settings

• Money management (LOT or RISK): Capital management
• In the case of choosing LOT: The value for money management: is quantity (eg: 0.01)
• In the case of choosing RISK: The value for money management: is a percentage (Example: 1)

D. SLTP Settings

• Stop Loss (in pips): Stop loss
• Take Profit (in pips): Take Profit

E. Trailing Stop Settings

• When the current bid / ask price is about 1 distance from the initial set SL point by Trailing Stop + Trailing Step, then drag SL 1 about Trailing Step, following the direction of trend development.
• Trailing Stop (in pips, 0 = No Trailing): Stop loss
• If Trailing Stop is 0, this function will not work
• If Trailing Stop is different from 0, then Trailing Step must be entered
• Trailing Step (in pips): The jump range of the SL

2.2. Parameter group characteristic

Moving Averages Convergence / Divergence Trade Setting 

MACD Fast EMA: Moving average of the corresponding exponentiation. Default value is 12 For example: Fast EMA = 12 is the exponential moving average corresponding to 12 candles 

MACD Slow EMA: Moving average of the corresponding exponentiation. Default value is 26 For example: Slow EMA = 26 is the exponential moving average corresponding to 26 candles 

MACD SMA: Variation of two averages among the previously configured candles. Default value is 9 Example: MACD SMA = 9 is the difference of two averages in the previous 9 candles 

MACD Applied to: Candlestick price applicable for calculation. The default value is Close 

Close 

Open 

High 

Low 

Median Price (HL / 2) 

Typical Price (HLC / 3) 

Weighted Close (HLCC / 4) 

MACD Value Min Check For Buy: Configurable MACD value to test Buy orders 

MACD Value Max Check For Buy: The MACD max value configured to test the Buy order 

MACD Value Min Check For Sell: Configurable MACD value to test Sell orders

MACD Value Max Check For Sell: Configurable MACD max value to test Sell orders