The optimized MACD Forex robot for MT4 works best on the M15 trading charts.
The test results for the expert attached to the M15 EUR/USD currency pair chart shows very promising results.
The MACD M15 EA works on any pair and any time frame, however, according to the developer, best results were achieved on the 15-minute charts.
Default EA settings:
Take profit: 10, trailing stop loss: 10, lots: 1.2
All default EA settings can be modified directly by editing the source code or changing the robot’s input values.
It’s highly recommended to test the optimized M15 MACD expert for MT4 first on a demo account before going live with it.
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Strategy Tester Performance Report
Find below the MT4 strategy tester performance report the optimized MACD Signal MT4 expert advisor.
Strategy Tester Performance Highlights
The optimized MACD MT4 expert made a total profit of $314763.36 from 6888 trades during the test period.
The largest winning trade generated $7680.00 in profits, while the biggest losing trade lost -$13056.00.
See the test results report above for all details.
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Lots, take profit, trailing stop, initial stop loss, max trades, secure profit, account protection, risk
More Info About This Expert Advisor
Tradable Currency pairs: Any
Trading Platform: MT4
Time frames: M1, M5, M15, M30, H1, H4, D1, W1
Indicator Type: MACD
Copy and paste the expert advisor in the MT4 experts data folder.
Then restart the MT4 terminal and attach it to any chart.