Unlocking MACD No Sample: A Must-Have Trading System for MetaTrader 5

Mike 2019.01.02 23:35 20 0 0
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Idea by Leonid Basis

mq5 code author - barabashkakvn

The MACD No Sample Expert Advisor is a powerful tool that leverages the iMA (Moving Average) and iMACD (Moving Average Convergence/Divergence) indicators to enhance your trading game.

In this setup, the Moving Average acts as a trend filter, helping you identify the right direction to trade.

You have the flexibility to choose between fixed or dynamic lot sizes, which can be adjusted in the Money Management: Lot OR Risk settings. This parameter allows you to set either a specific lot value or a percentage of your account balance at risk.

Additionally, a trailing stop feature is implemented for open positions, ensuring you can lock in profits as the market moves in your favor.

An important aspect to note is that the signal for opening a position also triggers the closing of any opposite positions, which adds a layer of strategic decision-making to your trades.

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