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 Ema Strategy
This MetaTrader 5 expert advisor implements a trend-following strategy using MACD and EMA indicators.
GitHub stars2
Forks0
Last update2 years ago26 Feb 2024
LicenceNone stated
Overview
For long entries, it requires a MACD crossover below the zero line and price confirmation above the EMA. It manages risk through ATR-based stop losses and take profits, with a default 1:2 risk-to-reward ratio. Users can toggle between static targets or a trailing stop loss that moves to break-even after reaching the first target. The EA includes features for fixed or compounded lot sizing, magic number identification, and a configurable delay to align trade entries with specific broker candle opening times.
- MACD and EMA crossover logic
- ATR-based risk management
- Trailing stop to break-even
- Compounded or fixed lot sizing
- Configurable broker candle opening delay
Details
Author
jokwok1 on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Trend following, 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
Input parameters
Read from MACDEMAv1.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpMagicNumber | int | 2000001 | Unique identifier for this expert advisor |
InpTradeComment | string | __FILE__ | Optional comment for trades |
InpAppliedPrice | ENUM_APPLIED_PRICE | PRICE_CLOSE | Applied price for indicators |
MinDelay | int | 4 | Delay in minutes of trade open and candle open |
TslCheck | bool | true | Use Trailing Stop Loss? |
RiskCompounding | bool | false | Use Compounded Risk Method? |
MaxLossPrc | double | 0.02 | Percent Risk Per Trade |
AtrProfitMulti | double | 2.0 | ATR Profit Multiple |
AtrLossMulti | double | 1.0 | ATR Loss Multiple |
C1_Check_Conf | bool | true | MACD Check |
MacdFast | int | 12 | |
MacdSlow | int | 26 |
Show all 15 inputs
| Name | Type | Default | Description |
|---|---|---|---|
MacdSignal | int | 9 | |
C2_Check_Conf | bool | true | C2 CHECK |
EmaPeriod | int | 20 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone jokwok1/mql5-backtester 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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