Area MACD – EA MetaTrader 5

An unorthodox approach to indicator MACD: The EA calculates the indicator’s area displayed above and below zero line.

Depending on parameter “Reverse signal”, either BUY or SELL positions will be opened.

Inputs:

• Stop Loss (in pips) – stop loss value
• Take Profit (in pips) – take profit value
• Trailing Stop (in pips) – trailing
• Trailing Step (in pips) – trailing step
• Lots (or “Lots”>0 and “Risk”==0 or “Lots”==0 and “Risk”>0) – lot size is set manually
• Risk (or “Lots”>0 and “Risk”==0 or “Lots”==0 and “Risk”>0) – lot size is calculated dynamically
• Number of bars to search for the area of the indicators – amount of bars, on which the indicator’s area is calculated
• Reverse signal

//— MACD parameters

• period for Fast average calculation
• period for Slow average calculation
• period for their difference averaging
• type of price

Lot size calculation method impact: Whether the lot size is constant or dynamic

Fig. 1. Constant lot size

Fig. 2. Dynamic lot size