MACD Four Colors 2 Martingale - MetaTrader 5 Expert - MT4/MT5 Resources
The EA handles a series of positions in one direction: buy or sell (the direction depends on the first trade in the series).
Each subsequent position is opened at the best price and increases trading volume.
Example of a series of sell positions
picture. 1. MACD four colors 2 martingale
The series can be closed if: "Maximum drawdown (currency)" loss is reached or "Target profit (currency)" profit is reached
Attachment download
📎 macd_four_colors_2_martingale.mq5 (70.85 KB)
📎 macd_four_colors_2.mq5 (19.53 KB)
Source: MQL5 #39234
MACD Four Color 2 Martingale - MetaTrader 5 Expert Usage and Screening Advice
MACD Four Colors 2 Martingale - MetaTrader 5 Experts belong to Martin EA 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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