MACD No Sample - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resources
Idea by Leonid Besis
mq5 code author - Bara Bashkakon
Expert Advisors use iMA (Moving Average, MA) and iMACD (Moving Average Convergence/Divergence, MACD) indicators.
The MA indicator is used as a trend filter.
Lots can be fixed or dynamic (in money management: lot size or risk range). The value of the scope "Money Management" sets the lot size or the risk percentage.
Trailing Stop is applied to open positions.
The signal for opening a position can also serve as the opposite signal for closing a position.
Attachment download
📎 macd_no_sample.mq5 (73.23 KB)
Source: MQL5 #23210
MACD No Sample - MetaTrader 5 Expert | Foreign Exchange Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
MACD No Sample - 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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