MACD Trader EA 4.0
This EA is a flexible and powerful metatrader expert advisor that trades using the MACD indicator and implements many useful features. It can trade using the MACD indicator alone, or donchian breakouts confirmed by 外汇市场情绪指标 mt4免费下载 the MACD indicator from any timeframe. Additionally, it offers a martingale feature and forex session filters.
- Easy to use and supervise
- Fully configurable settings
- Customizable break-even, SL, TP and trailing-stop settings
- Works for ECN/Non-ECN brokers
- Works for 2-3-4-5 digit 外汇市场情绪指标 mt4免费下载 symbols
- Implements a martingale feature
- Filter trading by forex sessions
- Built-in money management
The EA implements two different entry strategies:
- Trade MACD naked signals
- Trade breakouts confirmed by MACD readings from any timeframe of your choosing
Also, the EA implements 外汇市场情绪指标 mt4免费下载 外汇市场情绪指标 mt4免费下载 four different behaviors:
- Regular: Buy on bullish signals and sell on bearish signals
- Inverse: Sell on bullish signals and buy on signals crossovers
- Only buy: Buy on bullish signals and disregard bearish signals
- Only sell: Sell on bearish signals and disregard bullish signals
Lastly, the EA implements four different money management modes:
- Trade manual lotsize: The EA will trade a fixed lotsize on each trade
- Auto-calculation of lotsizes: The EA will risk % of the account on each trade
- Martingale: The EA will double the lotsize after a losing trade
- Inverse Martingale: The EA will double the lotsize after 外汇市场情绪指标 mt4免费下载 外汇市场情绪指标 mt4免费下载 a winning trade
Boost your trading returns with the most flexible MACD EA, like hundreds of users have already done!外汇市场情绪指标 mt4免费下载
MACD Settings Enter the fast ema, slow ema and signal sma for the MACD indicator. You can also choose the timeframe upon which the MACD is loaded, which is especially useful if your intention is to trade breakouts. This allows you for instance to trade H1 breakouts confirmed by the D1 MACD Indicator, or any other timeframe of your choosing. Session 外汇市场情绪指标 mt4免费下载 Settings Enable or disable trading for the Assian, European or American sessions. Trading Settings This block decides how the 外汇市场情绪指标 mt4免费下载 外汇市场情绪指标 mt4免费下载 EA trades. You can decide trading direction and type of entry. If you choose the strict mode, the EA will enter trades only using MACD signals. If you choose the breakouts mode, the EA will trade donchian breakouts filtered by the MACD indicator. The breakout period is also customizable. Position Management This group of settings applies to trading decisions 外汇市场情绪指标 mt4免费下载 and trade management. You can select trading direction, break-even in pips, trailing-stop in %, trailing-step in pips, stop-loss in pip 外汇市场情绪指标 mt4免费下载 and take-profit in pips. Optionally, trades can be closed on opposite MACD signals. Money Management In this settings block you 外汇市场情绪指标 mt4免费下载 can set the lotsize for the first trade, or allow the EA to calculate it by itself. It also implements a martingale behavior. Entering a manual lot size is recommended. EA Settings You can select the magic number for the trades, custom comment and manual pip value if you need to override the one the default one. Do not change these unless you know what you are doing.
Is the EA NFA/FIFO Compliant? It is not by default, but if you enable the option "Close trades in opposite signals", the Ea will trade FIFO compliant. Do I need a 外汇市场情绪指标 mt4免费下载 外汇市场情绪指标 mt4免费下载 VPS to run the EA? Yes, you do. Or having your home computer turned on 24/5. Can I interfere with 外汇市场情绪指标 mt4免费下载 the trades of the EA? Yes, you won't cause the EA to missbehave. Will this EA interfere with other EAs running in my account? As long as it uses an unique Magic Number, it won't,
MACD TDI 1.0
This indicator implements the logic behind Traders Dynamic Index to the classic MACD Indicator. It helps to find powerful trende changes and ignore meaningless ones. It is simply the classic MACD indicator plotted with volatility bands on top designed with the sole purpose of being able to ignore trend changes that do not follow an over-extension or over-contraction of 外汇市场情绪指标 mt4免费下载 the market. The indicator alerts on trend changes after the volatility bands have been breached and implements alerts of all kinds. The components of the indicator are the following:
- The blue line is the main line
- The red line is the signal line
- The oscillator is the OSMA to see the trend more clearly
- The bands are relative oversold and overbought levels
For position trading
- Long if macd changes to uptrend after the main line breaches the lower band 外汇市场情绪指标 mt4免费下载 外汇市场情绪指标 mt4免费下载
- Short if macd changes to downtrend after the main line breaches the upper band
- Optional confirmation using the zero level of the oscillator
- Long if the macd trend is bullish and the main line does not breach the upper 外汇市场情绪指标 mt4免费下载 band
- Shor tif the macd trend is bearish and the main line does not breach the lower band
For momentum trading
- Long if the macd changes to uptrend above the upper band but below the zero level
- Short if the macd changes to downtrend below the upper band but above the zero level
Optionally, you can use higher timeframes to discard or confirm trades and get better timing.
Does the indicator repaint? No, it does not. Does the indicator backpaint? No, 外汇市场情绪指标 mt4免费下载 外汇市场情绪指标 mt4免费下载 it does not. Does the indicator implement alerts? Yes, on oversold/overbought levels and trend changes.
This indicator connects past price points drawing diagonals and trend lines, which converge in the future creating hidden reversal points.
- Find hidden reversal points
- Spot convergence zones easily
- It shows the future short-term price range
- Dense criss-cross zones are reversal points
- Configurable 外汇市场情绪指标 mt4免费下载 amount of lines and price points
- Configurable colors
The indicator draws several lines on the chart, and where many of these 外汇市场情绪指标 mt4免费下载 lines converge and criss-cross each other in the future, a potential reversal zone exists. It also draws trend-lines and channels 外汇市场情绪指标 mt4免费下载 外汇市场情绪指标 mt4免费下载 as a by-product of its drawing logic, as well as confluence lines, which are drawn from old past prices 外汇市场情绪指标 mt4免费下载 外汇市场情绪指标 mt4免费下载 to the current price, projecting the foreseeable short-term future price range.
- The price range projected by the confluence lines (blue lines) is the foreseeable short-term future price range.
- The diagonals drawn in the chart mean nothing, but when several lines are found together or crossing each other, there is a hidden reversal zone.
Anatomy of the indicator
The indicator draws several lines in the chart, and where many of these lines converge and criss-cross each other in the future, 外汇市场情绪指标 mt4免费下载 a potential reversal zone exists. It also draws trend-lines and channels as a by-product of its drawing logic, as 外汇市场情绪指标 mt4免费下载 well as confluence lines, which are drawn from old past prices to the current price, projecting the foreseeable short-term future 外汇市场情绪指标 mt4免费下载 price range.
- The price range projected by the confluence lines (blue lines) is the foreseeable short-term future price range.外汇市场情绪指标 mt4免费下载 外汇市场情绪指标 mt4免费下载 外汇市场情绪指标 mt4免费下载
- The diagonals drawn in the chart mean nothing, but when several lines are found together or crossing each other, 外汇市场情绪指标 mt4免费下载 外汇市场情绪指标 mt4免费下载 there is a hidden reversal zone.
Period This parameter controls the minimum size in bars between alternative prices points iterated 外汇市场情绪指标 mt4免费下载 外汇市场情绪指标 mt4免费下载 by the indicator. A higher period means price points will be more separated from each other. Price Points This parameter 外汇市场情绪指标 mt4免费下载 is the amount of price points to select from the price history, to later connect them using lines from past to present. Ignored Points It is possible to prevent the indicator from drawing diagonals using the latest price points, 外汇市场情绪指标 mt4免费下载 to ascertain how accurate has been the indicator recently. By ignoring the last two price points, for example, you can see if the last two price reversals coincided with a past diagonal. Display Diagonals Enable this parameter to display diagonals in the chart. A diagonal is drawn by connecting a past price point with another past price point. Depth to 外汇市场情绪指标 mt4免费下载 display This parameter controls how many of the price points selected are connected to future price points. For example, if you choose to select 10 price points from the past and connect only 3 of them, the oldest 3 price points will be interconnected to the future, decreasing the line density. Line Color Choose the line color of the diagonal lines. Line Width Choose the line size of the diagonal lines. Display Confluences Enable this parameter to display confluence lines on the chart. A confluence line is drawn by connecting an old price point with the current market price, 外汇市场情绪指标 mt4免费下载 and it is useful to guess the foreseeable short-term future price range. Line Color Choose the line color of the 外汇市场情绪指标 mt4免费下载 confluence lines. Line Width Choose the line size of the confluence lines.
Does the indicator repaint? Yes, it must repaint 外汇市场情绪指标 mt4免费下载 as new price points appear in the chart. Can I decide how many diagonals to display? The amount of diagonals depend on the amount of price points you want to look back to the past, and the depth of the indicator iterating those price points to the future. Both can be controlled with input parameters. How do I find reversal points? Diagonals converge and criss cross each others in the future. Those are the key levels at which the market is more likely to react with a swing or a reversal in direction. I want to see less lines! Decrease the depth parameter and you'll see less lines. I want to see more lines! Increase the depth parameter to draw more diagonals. I want to see even more lines! Increase the Price Points and the Depth parameters 外汇市场情绪指标 mt4免费下载 of the indicator to see even more lines. This will look back more price points into the past, and make more connections into the future.
The Penta-O is a 6-point retracement harmonacci pattern which usually precedes big market movements.
- Customizable pattern sizes
- Customizable colors and sizes
- Customizable breakout periods
- Customizable pattern ratios
- It implements visual/sound/push/mail alerts
Penta-O patterns 外汇市场情绪指标 mt4免费下载 外汇市场情绪指标 mt4免费下载 can expand and repaint quite a bit. To make things easier this indicator implements a twist: it waits for a donchian breakout in the right direction before signaling the trade. The end result is an otherwise repainting indicator with a very reliable trading signal. The donchian breakout period is entered as an input.
- Bullish patterns are blue
- Bearish patterns are red
Kindly note that price patterns such as this can expand and the indicator must repaint to follow the 外汇市场情绪指标 mt4免费下载 expansion of the pattern. If the pattern repaints beyond the ratios entered in the parameters, the pattern will dissapear as 外汇市场情绪指标 mt4免费下载 外汇市场情绪指标 mt4免费下载 it won't be valid any more. To trade these patterns, please resort to the donchian breakout signal.
Penta-O patterns do not happen very often: to find more, load the indicator many times in the chart with different amplitudes.
Important: This indicator has been renamed to comply with a trademark complaint from Mr. Scott M. Carney, who owns the 外汇市场情绪指标 mt4免费下载 following trademarks in the USA: Five-O Pattern.
- he indicator is evaluated every bar, not every tick. 外汇市场情绪指标 mt4免费下载 外汇市场情绪指标 mt4免费下载
- The last point of the pattern repaints as the pattern expands.
- You can have several indicators on the chart 外汇市场情绪指标 mt4免费下载 with different amplitudes.
- An alert is displayed when the pattern forms and also when the breakout takes place.
- A small percentage of trading signals can repaint. You can increase the breakout period.
Amplitude Size of the patterns to be found Breakout Period Donchian breakout period to time signals Max History Bars Amount of bars to look back when 外汇市场情绪指标 mt4免费下载 外汇市场情绪指标 mt4免费下载 外汇市场情绪指标 mt4免费下载 the indicator loads Min XB Minimum XB ratio for a valid pattern Max XB Maximum XB ratio for a valid pattern Min AC Minimum AC ratio for a valid pattern Max AC Maximum AC ratio for a valid pattern Min BD Minimum BD ratio for a valid pattern Max BD Maximum BD ratio for a valid pattern Labels Select 外汇市场情绪指标 mt4免费下载 外汇市场情绪指标 mt4免费下载 colors and sizes of the O,A,B and 1,2,3 labels Ratios Select colors and font-size for ratios Alert on breakouts Enable to receive alerts when a pattern is found Alert on patterns Enable to receive alerts when a breakout happens and arrows show up Alert settings Enable or disable visual, push, email and sound alerts
Does the indicator repaint? Yes, the D point has to repaint as the pattern expands. Does the indicator implement alerts? Yes, it does.