MACDSimpleReshetov - MetaTrader 5 Expert - MT4/MT5 Resources
Author of the idea : Yuri Reshetov , author of the MQ5 code : Barabashkakon .
The main principle of EA operation is as follows: when the two indicator lines have the same sign, an entry signal appears; when the two indicator lines have different signs, an exit signal appears. If both lines have a positive sign, a buy trade is established. If the line is negative, a sell trade is opened. Once the sign of the lines becomes different, close the position.
Author's note:
Attachment download
📎 macdsimplereshetov.mq5 (16.87 KB)
Source: MQL5 #19977
MACDSimpleReshetov - MetaTrader 5 expert usage and filtering advice
MACDSimpleReshetov - MetaTrader 5 Expert is a resource related to Forex indicators. 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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