Trading robot ยท MT4

MACD EA IPAG

by adiarthagriadhi

This MetaTrader 4 expert advisor executes trades based on the MACD indicator and uses a Moving Average filter to determine the prevailing trend.

High risk

GitHub stars1
Forks0
Last update7 years ago16 May 2019
LicenceNone stated

Overview

MACD EA IPAG features a dynamic lot sizing algorithm that adjusts risk percentages according to account balance tiers. While the documentation focuses on MACD signals for H1 charts, the implementation includes logic for grid-based order management and references to stochastic oscillators. The system incorporates a fixed stop loss for risk control, though the project shows some internal inconsistencies between file names and code headers.

Details

Author

adiarthagriadhi on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4)

Strategy

Trend following, Grid, Indicator crossover

Markets

Any symbol

Timeframes

M15-H1

Risk profile

  • Opens a grid of orders: exposure builds up in a trend

EA files

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone adiarthagriadhi/MACD-EA-IPAG from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
  3. 3Copy the filesCopy the .mq4 file into Experts.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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