The MACD Sample Metatrader 4 Forex robot is an expert advisor designed to work on MACD indicator code. Ea comes with several optimization rules to select and optimize it to work best. I have tested it on EUR/USD currency pair on 5 minute time frame. I have selected it to use my current spread offered by my broker.
Here is picture below of strategy tester with results I have received:
You can check full report here: MACD Sample Metatrader 4 Forex Robot Strategy Tester Report
I would recommend you to trade on USD crosses pairs such as EUR/USD or GBP/USD.
Time for this Expert advisor could be any. Just test what works best for you!
Below Lets check picture with MACD Sample Metatrader 4 Forex Robot Inputs:
We have a list of:
MACD open level
MACD close level
MA trend period.
Optimization rules of this expert advisor:
Here is video presentation of strategy tester using MACD Sample Expert Advisor
The EA made a total profit of $288.97 from a total of 137 trades. The largest winning trade generated $5 in profits, while the largest losing trade generated a loss of-$45.
Bars in test: 26307 ticks modelled
Initial deposit: $10000.00
Total net profit: $288.97
Total trades: 137
Largest profit trade: $5
Largest loss trade: -$45
Consecutive wins: 4
Consecutive losses: 1
MT4 Forex Robot Characteristics
Currency pairs: USD crosses recommended
Platform: Metatrader 4
Type: Expert advisor
Time frames: 1-Minute, 5-Minutes, 15-Minutes.
Copy and paste the MACD_Sample.mql4 into the MQL4 Experts folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Experts (paste here)