MACD vs Signal line
Info
The MACD vs Signal line is a Expert Advisor for MetaTrader 4 that description:it opens and close transactions depends on macd vs signal line - upper - opens buy, closes sell, below - closes buy, opens sell. MACD settings: 12/26/9.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Experts folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use MACD vs Signal line
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
Description:It opens and close transactions depends on MACD vs signal line - upper - opens buy, closes sell, below - closes buy, opens sell.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 4. Place the file in the MQL4/Experts folder and restart the terminal.
Description & Settings
Related: e-Signal Of Trade Expert Advisor - another powerful expert for MetaTrader 4 traders.
Description:
It opens and close transactions depends on MACD vs signal line - upper - opens buy, closes sell, below - closes buy, opens sell.
Also recommended: i-Signal Of Trade - similar expert with strong performance on MetaTrader 4.
MACD settings: 12/26/9.
Strategy Tester Report
_MACDvsSignal
XM.COM-Real 3 (Build 509)
Symbol
GBPUSD (Great Britan Pound vs US Dollar)
Okres
4 Godziny (H4) 2013.06.03 00:00 - 2013.08.16 11:59 (2013.06.01 - 2013.12.05)
Model
Tylko ceny otwarcia (tylko dla Automatycznych Strategii które bezporednio kontrolujš otwarcie słupków)
Parametry
MagicNumber=10001; Lots=1; StopLoss=50; TakeProfit=0; TrailingStop=75; Slippage=3;
Słupki w tecie
1328
Ticki użyte w modelu
1655
Jakoć modelowania
n/a
Błedy na wykresie
0
Depozyt poczštkowy
10000.00
Całkowity zysk netto
3656.40
Zysk brutto
7303.60
Strata brutto
-3647.20
Wskanik zysku
2.00
Przewidywany zysk
215.08
Największa strata bezwzględna
692.70
Maksymalna strata względna
2021.70 (16.80%)
Strata relatywna
16.80% (2021.70)
Iloć transakcji w sumie
17
Krótkie pozycje (zyskownych %)
6 (33.33%)
Długie pozycje (zyskownych %)
11 (54.55%)
Transakcje zyskowne (% wszystkich)
8 (47.06%)
Transakcje stratne (% wszystkich)
9 (52.94%)
Największa
zyskowna transakcja
1393.40
stratna transakcja
-509.00
rednia
zyskowna transakcja
912.95
stratna transakcja
-405.24
Maksymalna
iloć transakcji zyskownych pod rzšd (zysk w pln)
3 (2373.10)
iloć transakcji stratnych pod rzšd (straty w pln)
3 (-1040.70)
Największy
nieprzerwany zysk (suma transkacji zyskownych)
2373.10 (3)
nieprzerwana strata (suma transkacji stratnych)
-1040.70 (3)
rednia
iloć transakcji zyskownych pod rzšd
1
iloć transakcji stratnych pod rzšd
2
#
Czas
Typ
Zlecenie
Loty
Cena
S / L
T / P
Zysk
Saldo Rachunku:
1
2013.06.05 00:00
sell
1
1.00
1.53092
0.00000
0.00000
2
2013.06.05 00:00
modify
1
1.00
1.53092
1.53592
0.00000
3
2013.06.05 12:00
s/l
1
1.00
1.53592
1.53592
0.00000
-500.00
9500.00
4
2013.06.05 20:00
buy
2
1.00
1.54040
0.00000
0.00000
5
2013.06.05 20:00
modify
2
1.00
1.54040
1.53540
0.00000
6
2013.06.06 20:00
modify
2
1.00
1.54040
1.55441
0.00000
7
2013.06.07 16:00
s/l
2
1.00
1.55441
1.55441
0.00000
1393.40
10893.40
8
2013.06.10 00:00
sell
3
1.00
1.55150
0.00000
0.00000
9
2013.06.10 00:00
modify
3
1.00
1.55150
1.55650
0.00000
10
2013.06.10 20:00
s/l
3
1.00
1.55650
1.55650
0.00000
-500.00
10393.40
11
2013.06.12 08:00
buy
4
1.00
1.56397
0.00000
0.00000
12
2013.06.12 08:00
modify
4
1.00
1.56397
1.55897
0.00000
13
2013.06.13 12:00
close
4
1.00
1.56554
1.55897
0.00000
151.30
10544.70
14
2013.06.25 00:00
buy
5
1.00
1.54312
0.00000
0.00000
15
2013.06.25 00:00
modify
5
1.00
1.54312
1.53812
0.00000
16
2013.06.26 12:00
s/l
5
1.00
1.53812
1.53812
0.00000
-501.90
10042.80
17
2013.06.26 20:00
sell
6
1.00
1.53229
0.00000
0.00000
18
2013.06.26 20:00
modify
6
1.00
1.53229
1.53729
0.00000
19
2013.06.28 04:00
modify
6
1.00
1.53229
1.53182
0.00000
20
2013.06.28 20:00
modify
6
1.00
1.53229
1.52606
0.00000
21
2013.07.01 08:00
close
6
1.00
1.52215
1.52606
0.00000
991.50
11034.30
22
2013.07.03 04:00
sell
7
1.00
1.51430
0.00000
0.00000
23
2013.07.03 04:00
modify
7
1.00
1.51430
1.51930
0.00000
24
2013.07.03 12:00
s/l
7
1.00
1.51930
1.51930
0.00000
-500.00
10534.30
25
2013.07.03 12:00
buy
8
1.00
1.52402
0.00000
0.00000
26
2013.07.03 12:00
modify
8
1.00
1.52402
1.51902
0.00000
27
2013.07.04 16:00
s/l
8
1.00
1.51902
1.51902
0.00000
-505.70
10028.60
28
2013.07.04 20:00
sell
9
1.00
1.50765
0.00000
0.00000
29
2013.07.04 20:00
modify
9
1.00
1.50765
1.51265
0.00000
30
2013.07.05 12:00
modify
9
1.00
1.50765
1.50684
0.00000
31
2013.07.05 16:00
modify
9
1.00
1.50765
1.49722
0.00000
32
2013.07.08 00:00
modify
9
1.00
1.50765
1.49504
0.00000
33
2013.07.08 20:00
s/l
9
1.00
1.49504
1.49504
0.00000
1252.00
11280.60
34
2013.07.09 00:00
buy
10
1.00
1.49499
0.00000
0.00000
35
2013.07.09 00:00
modify
10
1.00
1.49499
1.48999
0.00000
36
2013.07.09 12:00
s/l
10
1.00
1.48999
1.48999
0.00000
-500.00
10780.60
37
2013.07.15 04:00
sell
11
1.00
1.51073
0.00000
0.00000
38
2013.07.15 04:00
modify
11
1.00
1.51073
1.51573
0.00000
39
2013.07.17 00:00
s/l
11
1.00
1.51573
1.51573
0.00000
-509.00
10271.60
40
2013.07.17 12:00
buy
12
1.00
1.52018
0.00000
0.00000
41
2013.07.17 12:00
modify
12
1.00
1.52018
1.51518
0.00000
42
2013.07.18 20:00
close
12
1.00
1.51992
1.51518
0.00000
-31.70
10239.90
43
2013.07.19 12:00
buy
13
1.00
1.52511
0.00000
0.00000
44
2013.07.19 12:00
modify
13
1.00
1.52511
1.52011
0.00000
45
2013.07.22 16:00
modify
13
1.00
1.52511
1.52599
0.00000
46
2013.07.22 20:00
modify
13
1.00
1.52511
1.52828
0.00000
47
2013.07.23 00:00
modify
13
1.00
1.52511
1.52831
0.00000
48
2013.07.23 08:00
modify
13
1.00
1.52511
1.52939
0.00000
49
2013.07.23 20:00
modify
13
1.00
1.52511
1.52982
0.00000
50
2013.07.24 00:00
close
13
1.00
1.53659
1.52982
0.00000
1142.30
11382.20
51
2013.07.26 08:00
buy
14
1.00
1.53901
0.00000
0.00000
52
2013.07.26 08:00
modify
14
1.00
1.53901
1.53401
0.00000
53
2013.07.29 08:00
close
14
1.00
1.53804
1.53401
0.00000
-98.90
11283.30
54
2013.08.02 16:00
buy
15
1.00
1.52517
0.00000
0.00000
55
2013.08.02 16:00
modify
15
1.00
1.52517
1.52017
0.00000
56
2013.08.05 12:00
modify
15
1.00
1.52517
1.52787
0.00000
57
2013.08.06 04:00
modify
15
1.00
1.52517
1.52854
0.00000
58
2013.08.06 12:00
modify
15
1.00
1.52517
1.52928
0.00000
59
2013.08.07 08:00
close
15
1.00
1.53285
1.52928
0.00000
762.30
12045.60
60
2013.08.07 16:00
buy
16
1.00
1.54629
0.00000
0.00000
61
2013.08.07 16:00
modify
16
1.00
1.54629
1.54129
0.00000
62
2013.08.08 20:00
modify
16
1.00
1.54629
1.54807
0.00000
63
2013.08.09 16:00
close
16
1.00
1.55097
1.54807
0.00000
460.40
12506.00
64
2013.08.14 20:00
buy
17
1.00
1.55151
0.00000
0.00000
65
2013.08.14 20:00
modify
17
1.00
1.55151
1.54651
0.00000
66
2013.08.16 00:00
modify
17
1.00
1.55151
1.55682
0.00000
67
2013.08.16 11:59
close at stop
17
1.00
1.56309
1.55682
0.00000
1150.40
13656.40
You may also like: CSV signals to Expert - excellent alternative for expert users on MetaTrader 4.
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.