MacdPatternTraderAll - MetaTrader 5 Expert - MT4/MT5 Resources
The author of the idea — Yuri , the author of the MQL5 code — Barabashkakon .
Six (iMACD, MACD, Moving Average Convergence/Divergence) indicators and four (iMA, MA, Moving Average) indicators.
Open a trade when the indicator's MACD crosses its signal line:
Sell when MACD is below the signal line and buy when MACD is above the signal line. Buying/selling is also popular when MACD is above/below zero.
Attachment download
📎 partialclosing.mqh (6.47 KB)
📎 macdpatterntraderall.mq5 (57.58 KB)
Source: MQL5 #17136
MacdPatternTraderAll - MetaTrader 5 expert usage and filtering advice
MacdPatternTraderAll - MetaTrader 5 Expert is a resource related to Forex indicators. 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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