About the MACD Power Expert Advisor
The MACD Power Metatrader 4 Forex Robot is an expert advisor that utilizes two MACD indicators to execute profitable buy and sell trading positions on autopilot.
This EA works across all timeframes and currency pairs, including major pairs like GBP/USD, EUR/USD, USD/JPY, and USD/CAD.
It analyzes market trends by monitoring MACD crossovers and histogram patterns, ensuring timely entries and exits.
The robot is designed to adapt to various market conditions, providing flexibility and efficiency in trading.
Free Download
Download the “Macd Power.mq4” MT4 robot
Key Features
Dual MACD Strategy
Utilizes two MACD indicators to confirm trade signals, enhancing accuracy and reliability in trade execution.
Automated Trade Execution
Automatically opens and closes trades based on predefined MACD conditions, reducing the need for manual intervention.
Customizable Settings
Offers adjustable parameters such as lot size, stop loss, take profit, and MACD settings to tailor the EA to individual trading preferences.
Multi-Timeframe Compatibility
Compatible with various timeframes, allowing traders to implement different trading strategies and adapt to changing market conditions.
Risk Management Features
Includes features like trailing stop and break-even functionality to protect profits and minimize losses.
Strategy Tester Report
Find below the Macd Power forex robot strategy tester report for the EUR/USD forex pair on the daily chart.
Key Performance
The EA made a total profit of $384.12 from a total of 349 trades.
The largest winning trade generated $25.25 in profits, while the largest losing trade generated a loss of $40.00.
Statistics:
Bars in test: 2048 ticks modelled
Initial deposit: $10000.00
Total net profit: $384.12
Total trades: 349
Largest profit trade: $25.25
Largest loss trade: -$40.00
Consecutive wins: 2
Consecutive losses: 2
How the EA Works
- Monitors two MACD indicators for crossovers and histogram patterns.
- Opens buy trades when both MACD indicators signal upward momentum.
- Opens sell trades when both MACD indicators signal downward momentum.
- Adjusts stop loss and take profit levels based on market volatility.
- Closes trades when opposite MACD signals are detected or take profit levels are reached.
Download Now
Download the “Macd Power.ex4” Metatrader 4 robot
Parameters & Settings
- Fast MACD Period — period for the fast MACD line.
- Slow MACD Period — period for the slow MACD line.
- Signal Period — period for the MACD signal line.
- Lot Size — trade volume per position.
- Stop Loss — distance from entry to stop loss level.
- Take Profit — target profit per trade.
- Trailing Stop — distance for trailing stop functionality.
- Break Even — distance from entry to activate break-even protection.
- Risk Percentage — percentage of account balance risked per trade.
Recommended Trading Setup
- Currency Pairs: EUR/USD, GBP/USD, USD/JPY.
- Timeframes: H1, H4.
- Broker: ECN or low-spread brokers for best performance.
- Account Type: Standard or ECN.
- Risk Management: 1–2% per trade for stability.
FAQ
Can I use this EA on both Forex and CFD markets?
Yes, the MACD Power EA can trade any instrument available in MT4, including forex pairs and CFDs, as long as the market supports standard lot trading.
Does the EA require manual monitoring?
No, it is fully automated. The EA opens and closes trades based on MACD signals without manual intervention.
How does it perform during news events?
The EA can still trade during high-volatility events, but using a VPS and monitoring economic calendars is recommended to reduce slippage.
Can I run multiple instances of the EA on different pairs?
Yes, you can run the EA on multiple charts, but assign a unique Magic Number for each instance to avoid trade conflicts.
Is it possible to adjust risk for each trade?
Absolutely. You can set lot size, stop loss, take profit, and percentage risk per trade to match your trading style and account balance.
Summary
The MACD Power MT4 Forex Robot automates trades using a dual MACD strategy, capturing trends and managing risk effectively.
It works across all timeframes and currency pairs, providing flexibility for various trading styles.
With features like automated trade execution, customizable settings, and risk management tools, this EA is suitable for both novice and experienced traders.
Download the free EA, test it on a demo account, and implement it in your trading strategy for automated, precise trading.
