Exp_MACD-2 - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resources

Exp_MACD-2 Expert Advisor Enters the MACD-2 indicator based on signals taken from. A signal is formed on the close of the bar if the MACD histogram breaks the zero level, the histogram direction changes or the cloud color changes (depending on the options specified in the TrendMode input parameter).

This Expert Advisor requires the compiled indicator file MACD-2.ex5 to run. Place it in <terminal data folder>\MQL5\Indicators.

Please note that the TradeAlgorithms.mqh library file allows trading Expert Advisors with non-zero spreads and the option to set Stop Loss and Take Profit along with opening positions with brokers that offer the following services. You can download more variants of this library via the following link: Trading Algorithms .

The input parameters of the default Expert Advisor were used in the test shown below. Stop Loss and Take Profit were not used during testing.

Figure 1. Example of trade on chart

2014 USDJPY H6 test results:

Figure 2. Test result chart

Attachment download

📎 tradealgorithms.mqh (60.9 KB)

📎 macd-2.mq5 (7.09 KB)

📎 exp_macd-2.mq5 (9.24 KB)

Source: MQL5 #14400