jverho, It seems that the best one is this one : FX5_macd_Divergence - MQL4 Code Base, reply With", 13:42 #4, hi Funyoo, can you please explain the reversemonth criteria in this EA? This is known as a crossover. HOW TO trade with THE macd. S Reply With", 15:31 #5, originally Posted by stevenson, hi Funyoo, can you please explain the reversemonth criteria in this EA? Opened Feb 22, 2018 Never Closes 22 Votes. So, the forex macd EA is designed for a trending market. I am running this on two demo accounts, and it behaves differently on this point in each account. Attached Images, attached Files, reply With", 14:07 #2, hi Funyoo, macd divergence is very interesting. Thank you in advance. Hi Funyoo, macd divergence is very interesting.
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As the new one begins with the fast line moving away from the slow line, the histogram gets bigger indicating the strength. It's a basic version. As was stated earlier, there are two moving averages with different speeds. As is the case with every trade, there is a chart that shows what is going on in the market and also gives the trader access to make some entries in the form of settings. The faster one reacts to price movement quicker than the slower one. It shows the fast line crossed under that of the slow one to identify new trend. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.
A first version for this EA based on the famous hidden divergences.
It's a basic version.
Divergence strategy is not easy to code as it requires some interpretation.
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