Macd Power - expert for MetaTrader 4

Macd Power – EA MetaTrader 4

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“Macd Power” trades with 2 ” Macd ” indicators has virtual  Stop Loss & Take Profit works on 4H & 1D time frames major  forex pairs and stocks NASDAC.

If you ude only 1 trade each time:

Function-USEMOVETOBREAKEVEN  system functions like a stop loss and breakes even from a trade,

But a one-time function with a smaller value than the subsequent Stop Loss value to lock minimal profit and avoid loss if the price goes against you.

If you have reached a certain value of pips with the direction of the trade –

  • WHENTOMOVETOBE – When to move break even (values: 10-100).

So how many pips would you like to move the stop loss above the price line of the open trade-

  • PIPSTOMOVESL – How much pips to move stop loss (values: 10-100).

Trade volume of a position depends on previous trading results.

Inputs

    •  Use_TP_In_Money– Use Take Profit In Money (values:true/false).
    •  TP_In_Money– Take Profit In Money   (values: 10-100).
    • Use_TP_In_percent- Use Take Profit In Percent (values:true/false).
    • TP_In_Percent– Take Profit In Percent (values: 10-100).
    • ————[Money Trailing Stop For Multiple Trades]———————-
    • Enable_Trailing-Enable_Trailing with money  (values:true/false).
    • Take Profit In Money (in current currency) (values: 25-100).
    • Stop Loss In Money(in current currency) (values: 1-20).
    • ————————————————————————————
    • Exit= Close trades if the trend is against you and control draw dwon (values:true/false).
    • Lots – Lots size (values: 0.01-10).
    • Lots size Exponent  (values: 1.01-2).
    • IncreaseFactor -how much to increase lots from total margin if you lose a trade (values: 0.001-0.1).
    • Stop_Loss – Stop Loss (values: 30-500).  /set value 600 for  Multiple Trades
    • MagicNumber – Magic number (values: 1-100000).
    • TakeProfit – Take Profit (values: 50-200).  /set value 600 for  Multiple Trades
    • FastMA – Fast Moving Average (values: 1-20).
    • SlowMA – Slow Moving Average (values: 50-200).
    •  Mom_Sell-Momentum_Sell trigger(values: 0.1-5).
    •  Mom_Buy-Momentum_Buy trigger(values: 0.1-5).
    • ———————CONTROL DRAW DOWN—————————–
    • UseEquityStop -(values:true/false).
    • TotalEquityRisk- (values: 0.01-20).
    • —————————————————————————–
    • Max_Trades(1-12). 
    • IF YOU USE ONLY 1 TRADE:
    • //////////////////////////////////////////////////
    • USETRAILINGSTOP-If use trailing stop (values:true/false).
    • WHENTOTRAIL-When to trail (values: 40-100).
    • TRAILAMOUNT-Trail amount (values: 40-100).
    • Distance From Candle -Distance From Candle (values: 1-100).
    • USECANDELTRAIL=If use candle  trailing stop (values:true/false).
    • X=2-number of candles (values: 1-100).
    • Enable “Break Even” -(values:true/false).
    • When move “Break Even”- (values: 5-30).
    • How much pips move- “Break Even” (values:5-30).
    • ///////////////////////////////////////////////////////
How to perform back test:https://bit.ly/2CD7XWD
    Macd Power – expert for MetaTrader 4
    📈 ROBOTFX MetaTrader Expert Advisors and Indicators to maximize profits and minimize the risks

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