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 Trend Practice Expert
This MetaTrader 5 expert advisor is a development project that utilizes the MACD indicator and an Exponential Moving Average to execute trend-based trades.
GitHub stars1
Forks0
Last update2 years ago19 Jul 2024
LicenceNone stated
Overview
MACD Trend Practice Expert enters positions when the price aligns with the EMA trend and a MACD crossover signal occurs. The EA automates risk management by calculating lot sizes based on a set percentage of account balance. It uses fixed stop loss and take profit levels, with the stop loss distance determined by the moving average position. The repository lacks a README and is described as a work-in-progress practice script.
- Exponential Moving Average trend filter
- MACD signal line crossover entries
- Automated risk-based position sizing
- Fixed risk-to-reward exit management
Details
Author
arian01Xx on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Trend following, Indicator crossover
Markets
Any symbol
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 TodayJustPractice.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
Timeframe | ENUM_TIMEFRAMES | PERIOD_CURRENT | |
RiskPercent | double | 2 | |
InpMagic | ulong | 8234 | |
SLvsMA | int | 20 | |
TPvsRisk | double | 1.5 | |
FastLength | int | 12 | |
SlowLength | int | 26 | |
MACDSMA | int | 9 | |
MACDAppPrice | ENUM_APPLIED_PRICE | PRICE_CLOSE | |
MAPeriod | int | 200 | |
MAMode | ENUM_MA_METHOD | MODE_EMA | |
MAAppPrice | ENUM_APPLIED_PRICE | PRICE_MEDIAN |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone arian01Xx/MACDprofitable50- 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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