MACD Stochastic Indicator - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resources
Author of the idea : Firmin , author of the mq5 code : Balabashka Kon .
The Expert Advisor uses two indicators, including the Moving Average Convergence/Divergence (MACD) and the Stochastic Oscillator. Only one position can be opened per bar. It uses three time intervals to determine entries.
Test results for all pairs from March 6, 2017 to October 8, 2017:
Attachment download
📎 macd_stochastic.mq5 (50.17 KB)
Source: MQL5 #19233
MACD Stochastic Indicator - MetaTrader 5 Expert | Foreign Exchange Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
MACD Stochastic Indicator - MetaTrader 5 Expert | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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