Trading utilities for MetaTrader 5

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MetaTrader 5

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Macd Ema EA

macd-ema-ea-logo-200x200-9863
70 $53 $

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Information

Experts
MetaTrader 5
Mohamed Ahmed Mohame Alhmoudi
1.0
5

Overview

This is one of the most used strategy in forex market and you can find many youtube videos about it. The strategy is based on MACD CROSSOVER for buy & sell signals and EMA to check the current trend .  

For buy setup,

- A bullish signal is present when the MACD line crosses ABOVE the signal line and is below the zero line.

- Candle are above the moving average ( you can specify how Many candles can be counted after Macd cross ).

For sell setup:

- bearish signal is present when the MACD line crosses BELOW the signal line and is above the zero line.

- Candles are blew moving average

What does it trade?

Forex pairs, Commodities , crypto and stocks 

PARAMETERS? 

All parameters are clear but I will explain few of them

-          Expert Candles Check after Macd Cross: once a macd cross happen, the expert will check the candle if its above or below ema , you can choose how many candles to check after the crossover happen.

-          Enable Ma Trend Trades: you can use another Moving Average in different time frame to make sure you are trading with the trend.

        NOTES? 

-  MACD crossover works better for higher time frame .

- All screenshots are the results of backtesting

- You Need to download MACDClassic ( you will find it in the comments)


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