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REGISTER PARTICIPANTS Expert Divergence Mt4

Discussion in 'Forex Market MQL5' started by James Goldman, Sep 8, 2020.

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  1. James Goldman

    James Goldman Moderator
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    #divergence

    divergence-logo-200x200-1362.png

    The Expert Advisor follows MACD divergence signals.
    If an open position enters a drawdown, the Expert Advisor finds another MACD divergence signal in the same direction and closes both trades when desired profit is reached.
    • Currency pairs: all.
    • Recommended timeframe: 1 hour.
    • Standard settings for EURUSD pair.
    • Optimize the trading robot for each symbol.
    • It is advised to use not more than 10% of risk.
    Usage: Apply the product to all optimized pairs and timeframes. There cannot be divergence on all pairs simultaneously. Thus, positions are not opened for all symbols at the same time. It means the drawdown remains minimal!

    Parameters
    • Take_profit (pips)=300; desired profit.
    • Minimum delta prices (pips)=0; minimum price difference.
    • Maximum delta prices (pips)=1200; maximum price difference.
    • the MACD threshold at plus side=0.00052; height of MACD peaks.
    • the MACD threshold at minus side=-0.00052; depth of MACD peaks.
    • Minimum distance in pips for next order (for small timeframe)=100; the minimum distance, after passing which the next order can be opened in the same direction.
    • Magic number=12345; magic number.
    • Use "Lot1" as fix lot=true; set to true, if we are going to work only by fixed lot. It is also equal to Lot. Set to false if you want to increase subsequent orders (LotN values).
    • This is Slippage =100; slippage.

    divergence-screen-5226.png divergence-screen-5801.png divergence-screen-2156.png divergence-screen-9207.png divergence-screen-8411.png

     

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