MACDucks swap MT4

MACDuck: Your Friendly Forex Helper

Hey there! Meet MACDuck, our little trading buddy that's all about the MACD indicator and catching those sweet moving trends. It's simple, effective, and designed to give your trading game a good boost.

Cool Stuff MACDuck Does:

1. Works with Big and Small Pairs: Whether it's major forex pairs or the smaller ones, MACDuck's got you covered.
2. You Pick the Direction: Wanna go long? Short? Both? You decide!
3. Swap Smart: Only jumps into action if the daily swap isn't going to pull you down.
4. Trailing Stop Magic: It knows when to step back and protect those gains.
5. Customize Your Way: Make MACDuck work just how you like with a bunch of settings.
6. Closing if it goes opposite direction: If market goes other direction it closes on the opposite conditions for min loss.

Settings to Play Around With:

Input Parameters:

• Long Positions: Enable or disable the opening of LONG/BUY positions.
• Short Positions: Enable or disable the opening of SHORT/SELL positions.
• Daily Swap Only Positive: Choose to open positions only if the daily swap is neutral or positive.
• Lots: Specify the lot size for your trades. Alternatively, determine lots based on leverage with the "LotsByLeverage_defaultIsSetedLots" option.
• Leverage To Use: If using leverage to determine lots, specify the desired leverage. Calculated as: Leverage * Account Money = LotsToOpen .
• Take Profit: Set your desired take profit level (in pips).
• Stop Loss: Define the stop loss limit (in pips) to protect your trades.
• Trailing Stop: Automate the trailing stop level (in pips) to optimize trade exits.
• MACD Open Level: Specify the MACD level (in pips) at which positions should be opened.
• MACD Close Level: Determine the MACD level (in pips) for closing positions.
• MA Trend Period: Set the period for the moving average trend check.

Quick Tip: MACDuck really shines in longer timeframes. It's because it likes to roll with trends that have settled in. And, always a good idea to test things out before diving in, yeah?

Recommendations: While MACDuck is versatile across various timeframes, it is particularly effective in longer ones.

It's preferred to work only one way, long or short but you have the option to do both.

This is due to the inherent reliability of the MACD indicator during prolonged trend phases.

As always, it's essential to backtest any strategy or EA in the specific market conditions you intend to trade.

So, why wait? Let MACDuck be your new trading sidekick. Happy trading! ??