MACD Divergence EA
A first version for this EA based on the famous hidden divergences.
It's a basic version. Divergence strategy is not easy to code as it requires some interpretation.
I have drawn the 4 figures on the chart above, with 2 following trend figures, and 2 reverse trend figures.
GU H4. Since 2007.
Total net profit : 588.26%
RDD : 34.81%
Trading forex risk disclaimer. Exclusive EAs in the Elite section.
Hi Funyoo,
MACD divergence is very interesting. I am trading MACd div. manually with BB-MACD. Do you have the divergence indicator for this one?
I am not sure what you entry logic is here, but assuming you only look for divergence, would be nice to add some sort of qualitative parameter, determining if divergence is large enough to trade.
Last edited by jverho; 01-18-2010 at 15:51.
Hi jverho,Originally Posted by jverho
It seems that the best one is this one : FX5_MACD_Divergence - MQL4 Code Base
Trading forex risk disclaimer. Exclusive EAs in the Elite section.
Hi Funyoo, can you please explain the reversemonth criteria in this EA? Does this mean that the signals are reversed depending on the month? Please clarify.
Many thanks
S
Hi stevenson,
That's exact, it will reverse the signals depending on the month.
Trading forex risk disclaimer. Exclusive EAs in the Elite section.
re-entry criteria
Funyoo, can you tell me when the ea will place a second or third trade in the same direction as the initial trade? I am running this on two demo accounts, and it behaves differently on this point in each account. Thank you in advance.
thanks you vwvy much
hai funyo im happy with ea macd divergence but why error. can u help me, message error occured; invalid stop, thx funyo GBU
What did you mean by this screenshot?
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