MACD EA needed | Forex Factory

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Attachments: MACD EA needed
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MACD EA needed

  • #1
  • First Post: Nov 10, 2011 7:11am Nov 10, 2011 7:11am
Hello, could anyone code an EA for entry and close position based on MACD value as shown in the attached picture?

When the EA attached to the chart, it allows user to enter "MACD entry values" and "MACD exit values" and allows user to select buy or sell.

When MACD values hit the "MACD entry values", it will open position based on selected action (buy or sell).

When the MACD values hit "MACD exit values", the EA will close all the position.
Attached Image (click to enlarge)
Click to Enlarge Name: macd pic.png Size: 28 KB
  • #2
  • Edited 1:50pm Nov 10, 2011 1:24pm | Edited 1:50pm
Assuming you have done an exhaustive search for this EA, MT5 has an EA auto builder feature to handle simple EAs like MACD. Your broker probably has a demo available for download or visit the MT5 web site.
  • #3
  • Nov 11, 2011 12:59am Nov 11, 2011 12:59am
Hello CodeMeister,

Thanks for your suggestion, when I attach the EA, there is a box called "Allow DLL imports", may I know what it means, please?
  • #4
  • Nov 11, 2011 4:56am Nov 11, 2011 4:56am
Quoting CodeMeister
Assuming you have done an exhaustive search for this EA, MT5 has an EA auto builder feature to handle simple EAs like MACD. Your broker probably has a demo available for download or visit the MT5 web site.
Actually MT4 has MACD Sample EA, but why I attach it to chart, no orders triggered? MACDOpen Level and MACDClose Level is it based on MACD value?
  • #5
  • Nov 11, 2011 3:45pm Nov 11, 2011 3:45pm
Are you sure that you have Live Trading enabled? Did you check the Journals tab for errors?

If you don't know how to run an EA, this is not the place to be asking questions. Take a tutorial or go to the Rookie forum.
  • #6
  • Nov 12, 2011 12:52am Nov 12, 2011 12:52am
Quoting CodeMeister
Are you sure that you have Live Trading enabled? Did you check the Journals tab for errors?

If you don't know how to run an EA, this is not the place to be asking questions. Take a tutorial or go to the Rookie forum.
It is fixed.. Thanks
  • #7
  • Nov 15, 2011 7:04am Nov 15, 2011 7:04am
Anyone could check this EA why cannot close the order even match the preset MACD values?
Attached File(s)
File Type: mq4 CloseMacd.mq4   4 KB | 470 downloads
  • #8
  • Nov 15, 2011 6:32pm Nov 15, 2011 6:32pm
Quoting klhh
Anyone could check this EA why cannot close the order even match the preset MACD values?
Are you opening the orders manually and then let the EA manage the trade?
As there is no OrderSend command in that EA.
  • #9
  • Last Post: Nov 15, 2011 10:41pm Nov 15, 2011 10:41pm
I open the order manually, and let the EA close order when the pre-set Macd value hit
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