MACD Secrets EA: Multi-Timeframe Signals and Configurable Trade Management
Summary
This brief description presents an Expert Advisor that uses three time frames to identify a trend and trades the open candle price. It lists support for major forex pairs and NASDAQ stocks, along with configurable stop losses, take profits, trailing stops, break-even moves, and limits on concurrent trades. Position sizing can also be increased after a loss through an increase factor, which users can set to zero to disable that behavior.
The document is primarily a parameter guide rather than a tested strategy explanation. It provides ranges for many settings but does not specify the exact MACD signal rules, the time-frame combination, tested instruments or periods, or any performance results. Because loss-based size increases can raise exposure, the listed controls should be understood as configuration options rather than evidence of risk control or profitability. The page recommends trying the EA in a demo environment first.
Key ideas
- The EA is described as using three time frames to identify a trend, but the precise signal rules are not given.
- It trades at the open candle price and supports forex pairs and NASDAQ stocks.
- Trade management includes monetary or percentage targets, trailing stops, break-even settings, and a maximum trade count.
- An increase factor can enlarge position size after a losing trade and can be disabled.
- No test methodology or performance results are provided.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.