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Macd-Trail

(10 reviews)

20 $ 13 $

This EA is designed to trade based on MACD crossovers. It opens buy orders when the short-term MACD is above the long-term MACD and both are above zero, and it opens sell orders when the short-term MACD is below the long-term MACD and both are below zero. It also incorporates a trailing stop feature that adjusts the stop loss as the price moves in favor of the trade, locking in profits.

Macd Trail, MACD Forex

This EA is designed to trade based on MACD crossovers. It opens buy orders when the short-term MACD is above the long-term MACD and both are above zero, and it opens sell orders when the short-term MACD is below the long-term MACD and both are below zero. It also incorporates a trailing stop feature that adjusts the stop loss as the price moves in favor of the trade, locking in profits.

Features

  • Trading Logic: Based on MACD indicator with two configurations (12, 26, 9 and 6, 13, 4).
  • Buy Conditions: MACD (6, 13, 4) signal line crosses above previous value and is positive.
  • Sell Conditions: MACD (6, 13, 4) signal line crosses below previous value and is negative.
  • Trailing Stop: Activates when price moves beyond TrailingStart points and adjusts stop loss in increments of TrailingStep.
  • Risk Management: Dynamic lot size calculation based on account free margin and configurable risk percentage.
Version 1.00
Type Expert Advisor
Compatibility MT4
Trading Hours All Times
Custom Inputs Lots, Trailing, Stop Loss, Take Profit, ECN
Timeframes M5 and M15
Strategy Type Scalping,Trend Following
Money Management Lot Size, Stop Loss, Take Profit
Supported Pairs ALL
Outputs Automatic Buy/Sell

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