MACDWaterlineCrossExpectator, Effectiveness of MACD System - MetaTrader 5 Expert

Jordi Basaganias Galisteo

The question is to measure the true power of this traditional system based entirely on MACD.

The rules of EA are as follows:

There is also a money management strategy that seeks mathematical expectation by applying a positive risk-reward ratio equal to or less than 1.

The EA launches the following chart with the following input:

Figure 1. Balance

Figure 2. Correlation

Figure 3. Entries

suggestion:

There are many inputs that can be changed when testing the MACDWaterlineCrossExpectator, for example you can change the risk-to-reward ratio, moving average periods, stop losses, etc. and perhaps most importantly the symbol and time period the robot is running on. Please run your experiment, update the EA's inputs, observe the results obtained and draw your own conclusions.

MACD Waterline Cross Expectation.mq5 is specially developed for learning purposes, please use it at your own risk.

Attachment download

📎 macdwaterlinecrossexpectator.mq5 (7.59 KB)

Source: MQL5 #1431