If you're looking to enhance your trading game, the MACD Secrets EA might just be the tool you need. This expert advisor utilizes three different time frames to identify trends effectively. Plus, it features a trailing stop loss and take profit settings, making it compatible with all major forex pairs and NASDAQ stocks.
- Start by testing it on a demo account first.
- This EA operates solely based on the price of the open candle!
- If you'd prefer to avoid increasing lot sizes after a loss, simply set IncreaseFactor=0.
Key Features and Inputs
- Use_TP_In_Money - Activate Take Profit in monetary value (true/false).
- TP_In_Money - Set Take Profit in monetary value (10-100).
- Use_TP_In_percent - Activate Take Profit in percentage (true/false).
- TP_In_Percent - Set Take Profit in percentage (10-100).
- ------------[Money Trailing Stop For Multiple Trades]----------------------
- Enable_Trailing - Enable trailing with monetary settings (true/false).
- Take Profit In Money - Amount in current currency (1-100).
- Stop Loss In Money - Amount in current currency (1-100).
- ------------------------------------------------------------------------------------
- Exit - Activate exit strategy (true/false).
- Lots - Lot size (0.01-1).
- Lots size Exponent (1.01-2).
- IncreaseFactor - Factor to increase lots from total margin after a loss (0.001-0.1).
- Stop_Loss - Set your stop loss (30-500).
- MagicNumber - Assign a magic number (1-100000).
- TakeProfit - Define your take profit (50-200).
- FastMA - Set fast moving average (1-20).
- SlowMA - Set slow moving average (50-200).
- Mom_Sell - Momentum sell trigger (0.1-0.9).
- Mom_Buy - Momentum buy trigger (0.1-0.9).
- UseEquityStop - Enable equity stop (true).
- TotalEquityRisk - Set total equity risk (0.01-5).
- Max_Trades - Maximum trades allowed (1-5).
- IF YOU USE ONLY 1 TRADE:
- //////////////////////////////////////////////////
- USETRAILINGSTOP - If you want to use trailing stop (true/false).
- WHENTOTRAIL - When to start trailing (40-100).
- TRAILAMOUNT - Amount to trail (40-100).
- Distance From Candle - Set distance from candle (1-100).
- USECANDELTRAIL - If you want to use trailing stop (true/false).
- X - Number of candles (1-100).
- USEMOVETOBREAKEVEN - Enable break-even (true/false).
- WHENTOMOVETOBE - When to move to break-even (1-30).
- PIPSTOMOVESL - Pips to move stop loss (1-30).
Note: It's a good idea to optimize this EA every few months, using the inputs mentioned above. You can deploy it as a hedging grid EA or a single trade EA.
Need help with backtesting? Check out this guide: https://bit.ly/2CD7XWD
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