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raselpro
raselpro
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Bogie MACD MATrend Forex EA v1 - Tested on LQDFX and FXOpen

Discover the power of our expert advisor, Bogie MACD MATrend-v1.mq4, a cutting-edge Forex robot designed for optimal trading performance. This EA, meticulously crafted and extensively tested, offers unparalleled efficiency in the dynamic Forex market.

Unlock the potential of automated trading with this advanced Forex EA. Our expert advisor utilizes the proven strategies of MACD and MATrend to navigate the complexities of the market, ensuring precision and profitability in every trade.

Trust in the reliability of our EA, meticulously coded to deliver consistent results. Tested on reputable brokers such as LQDFX and FXOpen, this robot is tailored for success in diverse trading environments.

Experience the future of Forex trading with Bogie MACD MATrend-v1.mq4. Elevate your trading journey with a robot designed to excel in today's competitive markets.

bogie-macd_matrend-v1.mq4 9.54 kb, 35 downloads since 2015-04-23 
IngridN (MT4talk Staff)
IngridN (MT4talk Staff)
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  • From: Sweden
  • Registered: 11-07-23
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Bogie-MACD MaTrend: Precision in Every Trade

Bogie-MACD MaTrend operates by utilizing a modified MACD indicator combined with a moving average trend strategy. The EA identifies optimal entry and exit points for trades based on MACD and EMA (Exponential Moving Average) indicators.

Entry Rules: The EA opens a buy order when the MACD is below zero, indicating a potential upward trend, and the EMA shows an upward trend. Similarly, it opens a sell order when the MACD is above zero and EMA indicates a downward trend.
Exit Rules: Positions are closed when the MACD crosses the signal line in the opposite direction, indicating a potential trend reversal.
Money Management: The EA includes an option for automatic lot sizing based on account free margin and risk parameters.
Stop Loss and Take Profit: These are dynamically set based on user-defined parameters and can include trailing stops for maximizing profits.

Setup Guidance:

Install the EA onto your MT4 platform.
Attach it to your desired trading chart.
Configure the parameters as per your trading strategy.
Adjustable Parameters:

MiniAcct: Determines lot size scaling (false = 0.1, true = 0.01).
UseMM: Enables or disables money management.
Risk: Fractional risk percentage.
Lots: Fixed lot size if money management is disabled.
TakeProfit: Take profit level in pips.
StopLoss: Stop loss level in pips.
TrailingStop: Trailing stop value in pips.
MACDOpenLevel and MACDCloseLevel: Thresholds for opening and closing trades based on MACD values.
MATrendPeriod: Period for the moving average trend calculation.
MagicNumber: Unique identifier for the EA's trades.

Optimal Settings:

MiniAcct: true
UseMM: true
Risk: 1.0
Lots: 0.1 (only if UseMM is false)
TakeProfit: 17
StopLoss: 30
TrailingStop: 15
MACDOpenLevel: 6
MACDCloseLevel: 46
MATrendPeriod: 8
MagicNumber: 12345
Recommended Currency Pairs: EUR/USD, GBP/USD
Time Frame: 1-hour
Minimum Budget: $1000

Parameter Analysis:

Risk: Controls trade size relative to account balance, crucial for risk management.
TakeProfit and StopLoss: Define profit goals and risk limits.
TrailingStop: Helps lock in profits by adjusting the stop-loss as the trade moves favorably.
MACDOpenLevel and MACDCloseLevel: These thresholds determine the sensitivity of the EA to market movements, influencing the frequency and timing of trades.
MATrendPeriod: Influences the trend detection capability, longer periods might smooth out market noise but could delay entry signals.

bogie-macd_matrend-v1.mq4 9.54 kb, 5 downloads since 2023-11-13 
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