Basic MACD strategy with plenty of extra features + martingale lot management (optional). Obviously more tools to manage the trades significantly can improve the whole performance of the strategy. Like trailing stop, breakeven and other...
BUY signal - MACD signal line crosses 0 from below to above
SELL signal - MACD signal line crosses 0 from above to below
Martingale - start lot and a multiplier, EA will use a lot multiplier if the previous trade was in loss. If you don't want to multiply the lot size - set the multiplier as 1.
Stop loss pips - set a stop loss in pips which will be used for each trade separately.
Take profit pips - set a take profit in pips which will be used for each trade separately.
Max open trades - for example 10, this will result in max open 10 trades, buy or sell.
Close opposite trade - a feature which opens new trade and closes the old one. Set it as true if you want to use it. Result = buy, sell, buy, sell, buy...
Trailing start pips - once the trade has this amount of profit, trailing stop is activated.
Trailing stop pips - trailing stop distance from the stop loss to the current price.
One trailing step - it's basically how often do you want to refresh the trailing stop.
Pips on profit to enable - once reached, break even is applied.
Offset pips from open price - the distance from the open, in this way you can avoid spread size by adding extra 2 pips for example.
Trading time settings - that's simple, simply choose time and weekdays you want to trade.
Spread filter - set max allowed spread size in pips, EA checks it before opening the trade. If the spread size is too big = no trade.
Profit closer - set amount of money in total profit all trades combined, once reached EA closes all open trades.
Buy and Sell examples.
Inputs menu of the MACD Martingale EA MT4.
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