EA31337 is a comprehensive multi-strategy trading robot and framework for MetaTrader platforms. It features dozens of pre-built strategies utilizing technical indicators like ATR, Moving Averages, and SuperTrend. The system manages entries and exits through a unique filtering system that monitors account metrics, volat
Trading robot · MT5
MACD EA
This MetaTrader 5 expert advisor implements a basic trading strategy based on the Moving Average Convergence Divergence (MACD) indicator.
GitHub stars1
Forks0
Last update2 years ago22 Jul 2024
LicenceNone stated
Overview
MACD EA monitors for crossovers between the MACD main line and the signal line on a per-bar basis. When a crossover is detected, the robot executes trades with a fixed lot size and applies hardcoded stop loss and take profit levels of 150 points. The code is minimal and lacks a README or configurable input parameters, serving as a straightforward automated example of a classic indicator crossover system for the forex market.
- Automated MACD crossover detection
- Fixed lot size execution
- Hardcoded stop loss and take profit levels
- New bar entry logic
Details
Author
mertbilginnn on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Indicator crossover
Markets
Forex
Timeframes
Any timeframe
Risk profile
No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.
EA files
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone mertbilginnn/MACD-EA from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 file into Experts.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 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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