Log in or register to download unlimited Forex robots!
Attention! You can join the MT4talk Forex AI Signal - Trade Executor EA Telegram channel @MT4talkchannel to receive automated notifications when a new EA version is available, as well as many important updates. Also, if you want to help with this project, you can share the Telegram channel URL everywhere on the internet. It's a public channel, so anyone can join! https://t.me/MT4talkchannel
JMACD.mq4 - Powerful Forex Expert Advisor for Reliable Trading
Enhance your trading experience with JMACD.mq4, an advanced Expert Advisor (EA) designed for the dynamic forex market. This Forex Robot employs a sophisticated strategy based on the MACD indicator, ensuring optimal performance in various market conditions.
JMACD.mq4 is engineered to deliver consistent results, offering traders a reliable tool to navigate the complexities of the forex market. Compatible with any broker, including tested compatibility with LQDFX and FXOpen, this EA provides flexibility without compromising efficiency.
Unlock the potential of automated trading with JMACD.mq4, your key to streamlined and effective forex trading. Download now for a seamless trading experience!
Videos from the MT4talk YouTube channel.
https://www.youtube.com/@MT4talkForexForum/videos
NEW Bonus to MT4talk PRO Members!
MT4talk © Forex AI Signal - Trade Executor EA!
The JMACD.mq4 Forex EA is based on an indicator called JMACD (Jurik Moving Average Convergence Divergence).
The JMACD indicator is used to identify potential buy and sell signals in the financial markets. It does this by analyzing the price data and calculating two main components: the Fast JMA and the Slow JMA.
Indicator Parameters:
FastJMA: This parameter defines the look-back period for the Fast JMA.
SlowJMA: This parameter defines the look-back period for the Slow JMA.
SignalJMA: This parameter defines the look-back period for the signal line of the MACD.
JMACD_Phase: This parameter controls the phase of the JMA for the MACD calculation.
Signal_Phase: This parameter controls the phase of the JMA for the MACD signal line calculation.
Input_Price_Customs: This parameter lets you choose which price data to use (e.g., Close, Open, High, Low, etc.) for the calculations.
CountBars: It specifies how many bars of historical data to use in the calculation.
How to Set It Up:
You need to install this EA in your MetaTrader 4 platform under the "Experts" folder.
After installation, you can attach the JMACD indicator to your chart.
You can configure the parameters like FastJMA, SlowJMA, and SignalJMA according to your trading preferences.
The indicator will then plot the JMACD line and the Signal line on the chart.
How It Works:
The JMACD indicator calculates the Fast JMA and Slow JMA based on the selected price data (e.g., closing prices).
It then subtracts the Slow JMA from the Fast JMA to get the MACD line.
The Signal line is derived by applying the JMA to the MACD line.
When the MACD line crosses above the Signal line, it generates a buy signal.
When the MACD line crosses below the Signal line, it generates a sell signal.
Signal Interpretation:
Traders often use JMACD signals for various trading strategies. A common approach is to buy when the MACD line crosses above the Signal line (bullish crossover) and sell when the MACD line crosses below the Signal line (bearish crossover).
Please note that this is a technical analysis tool, and its effectiveness depends on the market conditions and your trading strategy. It's important to use this indicator in conjunction with other analysis techniques and risk management practices when making trading decisions.
- Total number of registered users: 80,782
- Registered users today: 8
- Newest registered user: J.Jesus
- Total number of topics: 12,200
- Total number of posts: 39,686
Online users: 3,206 guests, 68 Members:
admin, adonainet, adrisor, ahill, airloo74, alexandre.rader, andrepego, angls, Antoine717, BENEX, Chris K., Code 393, cpuzilla, Dakir, deaomodia, dror33333, durgeshthakur, edygaby, ela, eternabonança, expedite, fabiamolimatr, fastlane2021, forexpilot, Godwin9000, Gogga, Hepworth, hermandt1, hghspd01, huanying001, Imy, J.Jesus, jailton1, Jesus1983, joes11, JosephSibre, kataklawan, Lejesus, lidyamattarungan102, MAA, Magicmannt4ll, mksmart23, mralikhan, nexdens9977, Nyamiah Yaulobuh, oliver, Omarseff, philrussell95, Pijuks, pixqun, quantum_wg, rbetancor, roman.shimkus, rprabhakaran123, saefi, Salmankhan262001, seb, sgtrade, soussay, souver, srec121, Suwandi, ThreeLions, TRADERINVTST, traderxe, tskabilan, woodya22, xv16
By using the MT4talk website, you automatically agree to the Forum Rules & Terms of Use, as well as the terms below.
Everything you see on the MT4talk website is created by its users, mainly the members of the MT4talk forum.
The website doesn't sell Forex robots and doesn't provide support for the ones you download. MT4talk offers a PRO membership, allowing you to download unlimited files from forum posts. Even though the site usually doesn't provide support for downloaded Forex robots, if you're new to Forex and need help, you can buy the MT4talk dedicated support membership from the MT4talk forum. The MT4talk Dedicated support subscription is only available for purchase for MT4talk PRO members.
The MT4talk Team also provides an Artificial Intelligence Forex robot called "MT4talk Forex AI Signal - Trade Executor EA" to PRO members. However, this Forex robot is only a bonus and is not included in the original PRO membership.
Updates for the Forex robots may be limited or nonexistent, depending on the creator. If you choose to download any Forex robot or setting file from the forum, you acknowledge that you are using it at your own risk. MT4talk PRO membership is a digital product. Therefore, after you complete the PRO membership purchase, there is no refund available!
We are conducting real-life tests on Forex robots to assess their performance. For certain robots, we may use a demo account to conduct tests, and for other Forex robots, we may use a real Forex account. It's essential to recognize that we are not financial advisors and cannot provide investment guidance. Our objective is to discover effective market analysis solutions through testing various strategies, which could be beneficial to our community.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this forum is for educational purposes only and is not intended to provide financial advice. Any statements posted by forum members or the MT4talk EA Tester Team about profits or income expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the MT4talk team and forum members of this information harmless in any and all ways.
Affiliates Disclaimer - The website may have links to partner websites, and if you sign up and trade through these links, we will receive a commission. Our affiliate partners are FXOpen, FBS, LQDFX, and MyForexVPS.
Copyright MT4talk.com Forum Rules - Privacy Policy.