MACD expert advisor MT4

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...made to work with most brokers

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MACD EA for MetaTrader: This expert advisor trades with the trend identified by the MACD indicator and uses the Stochastic oscillator to confirm optimal trade entries. It combines moving average convergence divergence analysis with precise entry signals, making it a powerful tool for trend-following forex strategies.

MACD main functions

Trade following the MACD trend and open trades at MACD crossover signals (trend-following can be disabled if desired)
Use Stochastic oscillator overbought/oversold confirmation to enter and exit trades accurately
Automatically close trades and open new positions when the trend reverses
Set stop-loss, take-profit, trailing stops, break-even, and other risk management options

The MACD EA for MetaTrader is designed for traders familiar with the Moving Average Convergence Divergence (MACD) indicator. It combines the power of MACD trend detection with Stochastic confirmation to improve trade entry precision. This expert advisor is easy to configure and use, making it suitable for both novice and experienced forex traders who want automated trend-following strategies.

Trade examples

MACD Expert Advisor trading example on MetaTrader

The trend is determined by the MACD position relative to the zero line.

The MACD Expert Advisor for MetaTrader ensures trades follow the correct trend by using the same MACD settings that the trader uses to determine trade entries and exits. These settings can be customized for each currency pair. Trading signals are generated by the MACD crossover between the main line and the signal line.

Following the MACD trend, the EA opens sell trades when the MACD main line crosses below the signal line, and buy trades when the main line crosses above the signal line. Stop-loss and take-profit levels are applied immediately after opening each trade, making this expert advisor fully compatible with ECN brokers and optimized for low-latency trading.

MACD Settings

The MACD expert advisor uses the Stochastic indicator for entry confirmation

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MACD Settings - sets the MACD settings, the fast and slow moving averages and the signal MA
UseMACDTrend - if set to true the EA will consider buying/selling only when the MACD is above/below the 0 level

The same MACD settings are used for the trend detector and for the entries/exits.

STOCH Settings - sets the Stochastic settings used for entry/exit confirmation, if used (below)
UseStochConfirmation - if set to true the EA will consider buying/selling only if the Stochastic is oversold/overbought
Trading Settings - using this settings the trader has the option to set the lotsize of the trades, the stoploss and the takeprofit as well as the trailing stop (breakeven) and the trailing step
CloseAtOppositeSignal - if set to true the EA will close the opened trades when an opposite trading signal appears, according to the EA’s settings (MACD crossover, Stochastic cross etc). In other words, if there’s an opened buy and a sell signal occurs, the EA will close the opened buy trade
ReversedSignal - instructs the EA to open long trades when short (sell) signal occur, and vice-versa
EA Settings - using this settings the trader can choose the maximum number of trades allowed to be opened by the expert advisor, the slippage and the magic number, in case there’s another EA used to manage the trades opened by this expert advisor

Traders can also use the Stochastic indicator to confirm trade entries and exits. In the example chart above, using default settings, the MACD EA opened three trades (maximum allowed) during an uptrend. The MACD main line crossed above the signal line while the Stochastic was in the oversold zone, resulting in two trades closed at take-profit and one closed via trailing stop.

To improve risk management, the MACD Expert Advisor allows the trader to:

Limit the total number of open trades
Automatically close trades when opposite signals occur
Use stop-loss, take-profit, trailing stop, and break-even for each trade

These features make the MACD EA suitable for trend-following strategies while giving the trader flexibility to confirm trades using the Stochastic oscillator or other indicators.

Watch how RobotFX MACD works

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Download MACD EA free

Download MACD EA - free version

Fully functional MetaTrader expert advisor, limited to demo accounts for risk-free testing

6 Comments

Erich Ewart

This MACD EA is seriously good for trend following. It picks up those MACD crossovers and momentum shifts way faster than I ever could manually. My entries are much more precise now, and it really helps me stay on the right side of the market. It's made my daily trading routine so much smoother, no more staring at the screen for hours trying to catch a signal.

Anonymous

I've been using this expert advisor for a bit now and it's definitely improved my trading. The way it uses Stochastic for confirmation is clever, it filters out a lot of the false signals you sometimes get with just MACD. I'm seeing better quality trades and less whipsaws, which is a huge relief.

Gwenneth Milani

This EA is a lifesaver for anyone who loves the MACD indicator but finds it hard to act on signals quickly. It automates everything, from identifying the trend to executing trades at the perfect crossover. It even sets the stop-loss and take-profit right away, which is super convenient. My trading discipline has gone up a lot.

Maria

Pretty impressed with this one. It's easy to set up, which is a big plus, and the results have been consistent. It really helps to trade with the trend, and the option to close trades on opposite signals is smart for managing open positions. It's a solid, reliable EA for MACD-based strategies.

Kalpana

It's a fantastic tool for automating the MACD strategy. The settings are clear and easy to understand, allowing me to customize it to my specific needs. I've noticed a real improvement in my trade timing and overall profitability. It's like having an extra pair of eyes on the market, but faster.

Jordán

This EA has become an essential part of my trading arsenal. It helps me stay on top of market conditions and execute my MACD strategy flawlessly. The automated trade management, including trailing stops and break-even, is a huge plus, letting me focus on other things without being glued to the screen.