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MACD Pattern Expert Advisor
MACD Pattern expert advisor is a special expert advisor designed to trade on six different MACD patterns. It’s a very complex EA and it employs dozens of various input parameters. MACD Pattern
computes stop-loss and take-profit levels based on the previous bars and closes
the open positions in fractions.
My test of MACD Pattern MetaTrader expert advisor showed
good profit. I used EUR/USD H4 chart (EA was created specifically for this
combination) with 0.3 standard lots base order size. The profit was about
$8,077, maximum drawdown — $6,060 in a year and a half period.
MiniFAQ
What are the stop-loss and take-profit used by this EA?
It uses variable SL and TP levels, but the average profit is 90 pips and average
loss is 311 pips.
How often does it trade?
On 4-hour EUR/USD chart (the optimal settings) this EA will trade
about once every two days on average.
Downloads
Download MACD Pattern expert advisor
Download zipped MACD Pattern expert advisor
Discussion
Warning! Before you ask any basic questions regarding installation of
the expert advisors, please, read this
MT4 Expert Advisors Tutorial
to get the elementary knowledge on handling them.
Do you have your own trading results or any other remarks regarding this
expert advisor? Discuss MACD Pattern with other traders and MQL programmers on the experts forums.
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