True Macd Range

The True Macd Range Expert Advisor is based on the standard MACD and ATR indicators.

A market entry is performed according to indicators' aggregate signals using stop levels and trailing.

The EA utilizes averaging and martingale, as well as the function of recovery from a loss.

System settings

• averaging included – enable averaging.
• averaging only on signal – average only by a signal.
• closing by opposite signal – close in case of an opposite signal.
• martingale mode – martingale type.
• recovery mode – recovery mode.
• martingale geometric progression – geometric progression step.
• martingale arithmetic progression – arithmetic progression step.
• martingale smart step close – calculate averaging order lot based on closing distance.
• recovery factor – recovery factor.
• step averaging – step in points for averaging orders.
• averaged no more than once per N minute – average no more than once per N minutes.
• trailbars – trailing stop by a number of the last minute bar.
• lotsize – initial lot.
• max lot sum – the maximum amount of lots in a series.
• max trades open – the maximum number of trades in the series.
• stoploss in points – stop loss in points.
• breakeven+step in points – breakeven + step in points.
• trailstep – trailing stop step.
• close after № averaging – close to breakeven after a specified averaging order.
• slippage – price slippage.
• OrderMagicNumber – magic number.
• autolot – lot auto increase when increasing a deposit.
• perсent Risk for autolot - risk percentage for autolot.
• hour start work - operation start hour.
• hour end work - operation end hour.

Indicator settings

• timeframe MACD – MACD timeframe.
• timeframe ATR – ATR timeframe.
• MACD fast – fast MACD.
• MACD slow – slow MACD.
• ATR fast – fast MACD.
• ATR slow – slow ATR.
• ATR fast volatility factor – volatility ratio of the fast ATR.
• ATR slow volatility factor – volatility ratio of the slow ATR.