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REGISTER PARTICIPANTS Expert Newlogicconservative Mt4

Discussion in 'Forex Market MQL5' started by James Goldman, Sep 13, 2020.

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  1. James Goldman

    James Goldman Moderator
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    #newlogicconservative

    newlogicconservative-logo-200x200-2456.png

    The NewLogicConservativeEurUsdH1 EA trades EURUSD on H1 by signals of the MACD indicator and using Stochastic Oscillator, DeMarker, Moving Average, Force Index as filters.

    Trading value is set by a user. You can set parameters of the indicator, profit, losses, trailing stop.

    Buy or sell signal appears when the value of MACD crosses the signal moving average. Stochastic, DeMarker, Moving Average, Force Index are used as filters.

    Input Parameters:
    • TakeProfit = 900 - maximum profit
    • StopLoss = 900 - limitation of maximum losses
    • Lots = 0.2 - size of an order being opened
    • TrailingStop = 300 - transfer of an order to breakeven, distance to modify the StopLoss level
    • MACDOpenLevelBuy = 60 - level of opening a Buy order
    • MACDOpenLevelSell = 40 - level of opening a Sell order
    • MACDCloseLevel = 80 - level of forced order closing
    • MATrendPeriod = 7 - moving average period
    • MACDPeriod1 = 12 - the first MACD line period
    • MACDPeriod2 = 26 - the second MACD line period
    • MACDPeriod3 = 9 - MACD signal line period

    newlogicconservative-screen-9020.png

     
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