MACD Cleaner - MetaTrader 5 Expert | Forex Indicators Download - MT4/MT5 Resources
Idea by Artyom Titarenko
mq5 code author - Bara Bashkakon
Expert Advisors trade using iMACD (Moving Average Convergence/Divergence, MACD) indicator signals.
Signal generation rules:
if (macd_main[ 3 ]>=macd_main[ 2 ] && macd_main[ 2 ]>=macd_main[ 1 ]) m_need_open_buy= true ; if (macd_main[ 3 ]<=macd_main[ 2 ] && macd_main[ 2 ]<=macd_main[ 1 ]) m_need_open_sell= true ;
The EA only runs when a new bar appears (this applies to trailing signals and signal generation).
Attachment download
📎 macd_cleaner.mq5 (72.93 KB)
Source: MQL5 #23325
MACD Cleaner - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
MACD Cleaner - 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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