Signals are generated when extremums of MACD form one of two patterns described in the code.
The most useful TFs for it are H1 and higher. Inicator signals show rather good results in tester without any upgrading, just some magic with parameters.
I use it as trend filter. The drawdown is quite high, but the indicator does it’s job.
Here are results of these signals as they can be, order size is 1lot:
MetaCOT 2 CFTC ToolBox (Set of… Contents GENERAL PROVISIONS Brief description Installing the libraries and indicators Several indicators in one window Exporting CFTC reports to CSV…
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MACD Sample - EA MetaTrader 5 The MACD Sample EA is included in the standard pack of the MetaTrader 5 client terminal and is an example…
Visual Order Processing - EA… Order_EA is a simple visual oriented program that uses drag & drop scripts to control order processing. Take Profit and…
MQL5 Wizard - Trade Signals… MQL5 Wizard provides the automatic creation of Expert Advisors (see MQL5 Wizard: Creating Expert Advisors without Programming). The CSignalCandles class…
MQL5 Wizard - Trade Signals… MQL5 Wizard allows to create the code of Expert Advisors automatically. See Creating Ready-Made Expert Advisors in MQL5 Wizard for…
