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MACD Trading Strategy for MT4®

RSI Trading System

The expert advisor provides automated trading processes with the MACD (Moving Average Convergence/Divergence) Indicator. The trading robot has all the required functions to automate trading with MACD signals.

Let us dig into the new trading style together! Do not you mind trying it?

Order the modern EA that provides automated trading with the MACD Indicator.

Works on MetaTrader 4®

MetaTrader®, MetaTrader 5®, MT4®, MT5® are the registered trademarks of MetaQuotes Software Corp. | 4xDev.com is not associated with MetaQuotes Software Corp.

The idea behind the Expert Advisor

The Expert Advisor checks the formed bars and current price position. Signals based on the current indicator values may be invalid.

The EA sets up opening conditions for Buy and Sell orders separately.

There are two head conditions:

  1. Cross zero line;

  2. MACD reversal point (Decrease/Increase).

An example of the MACD reversal

An example of the MACD reversal

You can select an additional parameter for each condition defining the direction relative to the zero line.

Below Zero Line — to fulfill the opening order condition, cross the zero line. In this case, the parameter will determine crossing the zero line from top to bottom. To perform the opening order condition, select the MACD reversal point. Thus, the parameter will determine that the reversal occurs in a subzero zone and is heading towards zero.

Above Zero Line — to fulfill the opening order condition, select zero line crossing. In this case, the parameter will determine crossing the zero line from bottom to top. To perform the opening order condition, select the MACD reversal point. Thus, the parameter will determine that the reversal occurs in a zone above zero and is heading towards zero.

The additional opening order condition is an SMA filter. There are several filter conditions for Buy and Sell orders:

  1. SMA below MACD;

  2. SMA above MACD.

The EA enters the corresponding position when performing the selected conditions of the in-parameters.

NB! The EA can not have more than one opened order at the same time.

The tool capabilities

The EA has all required functions to manage positions. In addition to the StopLoss and TakeProfit, a trader can choose whether he should close a position by a counter signal or operate several positions of the same type.

Moreover, the trading robot will allow you to calculate all risks for the position. You can choose the lot calculation based on a fixed amount or a percentage of the balance/equity that you are not afraid to lose.

If you are afraid of a price reverse, the BreakEven function is a must-have for you. It will place the StopLoss level on the opening price after overcoming the distance. In this case, your trade will not be lost.

The EA has the Trailing Stop function that allows StopLoss to follow the price.

Input parameters

The EA parameters were divided into several specific categories.

In-parameters

In-parameters

Trade — sets up conditions for trade openings.

Order — parameters related to orders.

“Lot Size Parameters”

“Breakeven Parameters”

“Trailing Stop”

“MACD Parameters”

“MACD SMA filter”

“Daily Trading”

“Work Time”

“Alerts”

“Close Trades”

The example of the work

The example of the work

Technical Requirements

Here is what you need to run this EA:

  • A computer capable of running MetaTrader 4® desktop version;

  • MetaTrader 4® installed on your desktop or laptop computer.

Frequently Asked Questions

Trading: connecting people! Do not let your friends tell you have no taste in trading!

Important information

All Products are provided “as is” without any warranties regarding effectiveness, performance, or suitability for particular purposes. The actual performance of the Products could be different from the testing results and your expectations.

Please study all information about the Products carefully before purchasing.

The amounts paid for the Products are non-refundable.

4xDev assumes no liability for any direct or indirect losses resulting from the use of the Products.