Multi Symbol MACD EMA is designed to monitor and trade multiple forex pairs simultaneously from a single chart. The robot incorporates advanced money management, including ATR-based stop loss and take profit calculations with adjustable multiples. Users can choose between fixed risk per trade or compounded risk methods. It features an optional trailing stop loss to protect gains. The documentation is minimal, consisting only of the source code.
Read from Multi-Symbol-MACD-EMA-MoneyMgmtIncluded.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
MagicNumber
int
14
Unique identifier for this expert advisor
InputMultiSymbol
MULTISYMBOL
Current
InpTradeComment
string
__FILE__
Optional comment for trades
InpAppliedPrice
ENUM_APPLIED_PRICE
PRICE_CLOSE
Applied price for indicators
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
MacdFast
int
12
MacdSlow
int
26
MacdSignal
int
9
Show all 13 inputs
Name
Type
Default
Description
EmaPeriod
int
200
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone F1L7H/MQ5 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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