Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

edakad

MACD Vs Signal - VertexFX

Recommended Posts

MACD Vs Signal is a Server Side VTL expert adviser. EA trades the standard MACD line crossing MACD signal line. The EA open Buy position when the MACD line cross above the Signal Line and open Sell position when MACD line cross below Signal line. The EA applies a stop loss and take profit to open positions defined by the parameters stop loss and Take profit. It will apply a trailing stop loss also, if parameter trailing stop loss value is set above zero. The EA open only one position at a time. This EA demonstrates the methodology to create fully operative server side expert advisers with VTL. This can be further fine-tuned to make it a better EA. Trader can run it around volatile market times like first hour of London session open time or US session open.

The EA is intended for demonstrative purpose. Before starting the EA on the server, trader must set the parameters. To set parameters, open the script in VTL editor, parameters are located at the top of the script file. Set the stop loss, take profit, trailing stop loss and lot size to trade. Parameter Symbol defines the symbol to trade. Chart period defines the periodicity of the chart on which the EA is to be applied. The EA can be run on the server by clicking the Run button in VTL editor. Once started, it will run on the server until the trader stops it.

mkzur9.png

MACDvsSignal.zip

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.