MACD Pattern expert advisor is a special expert advisor designed to trade on six different MACD patterns. It’s a very complex EA and it employs dozens of various input parameters. MACD Pattern computes stop-loss and take-profit levels based on the previous bars and closes the open positions in fractions.
My test of MACD Pattern MetaTrader expert advisor showed good profit. I used EUR/USD H4 chart (EA was created specifically for this combination) with 0.3 standard lots base order size. The profit was about $8,077, maximum drawdown — $6,060 in a year and a half period.
MiniFAQ
What are the stop-loss and take-profit used by this EA?
It uses variable SL and TP levels, but the average profit is 90 pips and average loss is 311 pips.How often does it trade?
On 4-hour EUR/USD chart (the optimal settings) this EA will trade about once every two days on average.Downloads
Download MACD Pattern expert advisor
Download zipped MACD Pattern expert advisor
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