Free Indicators, Expert Advisors (EAs) and Tools for Metatrader (MT4/MT5)

MACD EA

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  • 06-07-2018 at 14:29 #372372
    pravin salvi
    Member

    Dear sir
    i have bought the macd PRO EA today the EA shows

    inverse strategy = FALSE ( it open reverse trades) & vice versa

    can i get a copy of the rectified EA
    REgards
    PRAVIN

    06-07-2018 at 15:59 #372420
    Yannick
    Keymaster

    The EA should trade as it shows in this screenshot by default.

    If you want to open a sell position when the MACD Histogram and Signal Line are below 0, you have to set inverse strategy to true.

    08-07-2018 at 14:29 #373775
    pravin salvi
    Member

    If I want to open a sell position when the MACD Signal Line go below 0, & set inverse strategy to false . The EA opens a buy position instead of sell.

    09-07-2018 at 12:49 #374417
    Yannick
    Keymaster

    Then set inverseStrategy to true and it will to the opposite.

    09-07-2018 at 19:29 #374637
    pravin salvi
    Member

    Other problems with the MACD EA pro

    1) THE EA TEND FILTER = TRUE IT DOESNOT TAKE INTO ACCOUNT THE MA . Eg I USED THE 200 MA AS FILTER THE EA OPENS A BUY POSITION EVEN WHEN THE MACD SIGNAL LINE IS ABOVE ZERO BUT THE PRICE IS STILL BELOW THE 200 MA.

    2) I MOSTLY USE THE 50 MA & SHIFT 50 . BUT THE EA DOESNOT TAKE INTO ACCOUNT THE MA FILTER.

    3) REVERSE ON OPPOSITE SIGNAL = TRUE . THE EA DOESNOT CLOSE THE POSITION. Eg THE ENTRY IS SIGNAL LINE ABOVE THE ZERO BUT THE EA DOESNOT CLOSE THE CURRENT TRADE EVEN AFTER THE OPPOSITE SIGNAL , WHEN THE SIGNAL LINE IS BELOW THE ZERO
    4 ) KINDLY GIVE ME A RECTIFIED VERSION OF THE EA

    10-07-2018 at 00:58 #374854
    pravin salvi
    Member

    MACD PRO PROBLEMS

    CASE 1
    STRATEGY : NORMAL
    INVERSE STRATEGY : FALSE OK
    REVERSE ON OPPOSITE : TRUE OK
    MA FILTER : TRUE ( STOPS TAKING TRADE ) PROBLEM

    CASE2
    STRATEGY : MACD LINE CROSSES ZERO
    INVERSE STRATEGY : FALSE ( TAKES OPPOSITE TRADE) PROBLEM
    REVERSE ON OPPOSITE : TRUE OK
    MA FILTER : NOT EFFECTIVE ( AS IF THE FILTER DOESNOT EXIST)

    CASE3
    STRATEGY : SIGNAL LINE CROSSES ZERO
    INVERSE STRATEGY : FALSE ( TAKES OPPOSITE TRADE) PROBLEM
    REVERSE ON OPPOSITE : DOESNOT CLOSE THE OPEN TRADE
    MA FILTER : NOT EFFECTIVE ( AS IF THE FILTER DOESNOT EXIST)

    KINDLY PROVIDE ME A RECTIFIED VERSION

    10-07-2018 at 15:03 #375260
    Yannick
    Keymaster
    pravin salvi wrote:

    1) THE EA TEND FILTER = TRUE IT DOESNOT TAKE INTO ACCOUNT THE MA . Eg I USED THE 200 MA AS FILTER THE EA OPENS A BUY POSITION EVEN WHEN THE MACD SIGNAL LINE IS ABOVE ZERO BUT THE PRICE IS STILL BELOW THE 200 MA.

    If you use InverseStrategy, the filter is also inverted.

    pravin salvi wrote:

    3) REVERSE ON OPPOSITE SIGNAL = TRUE . THE EA DOESNOT CLOSE THE POSITION. Eg THE ENTRY IS SIGNAL LINE ABOVE THE ZERO BUT THE EA DOESNOT CLOSE THE CURRENT TRADE EVEN AFTER THE OPPOSITE SIGNAL , WHEN THE SIGNAL LINE IS BELOW THE ZERO

    The EA does only close and open a new position if there is a new signal. If you use the MA filter, there is probably not always a signal in the opposite direction.

    Please read again the documentation:
    https://quivofx.com/expert-advisor/macd-ea/
    https://quivofx.com/school/functions/

    and use the strategy tester in the visual mode to test your settings:
    https://quivofx.com/school/metatrader-4-strategy-tester/

    10-07-2018 at 15:39 #375267
    pravin salvi
    Member

    MACD PRO PROBLEMS

    CASE 1
    STRATEGY : NORMAL
    INVERSE STRATEGY : FALSE OK
    REVERSE ON OPPOSITE : TRUE OK
    MA FILTER : TRUE ( STOPS TAKING TRADE ) PROBLEM

    CASE2
    STRATEGY : MACD LINE CROSSES ZERO
    INVERSE STRATEGY : FALSE ( TAKES OPPOSITE TRADE) PROBLEM
    REVERSE ON OPPOSITE : TRUE OK
    MA FILTER : NOT EFFECTIVE ( AS IF THE FILTER DOESNOT EXIST)

    CASE3
    STRATEGY : SIGNAL LINE CROSSES ZERO
    INVERSE STRATEGY : FALSE ( TAKES OPPOSITE TRADE) PROBLEM
    REVERSE ON OPPOSITE : DOESNOT CLOSE THE OPEN TRADE
    MA FILTER : NOT EFFECTIVE ( AS IF THE FILTER DOESNOT EXIST)

    KINDLY PROVIDE ME A RECTIFIED VERSION

    11-07-2018 at 04:40 #375978
    pravin salvi
    Member

    AS the EA is not functioning properly i cannot use my favorite strategy

    time frame M15
    inverse strategy = false malfunctioning as it takes opposite trades
    MA filter = MA 50 , SHIFT 50 It doesnot respect the MA FILTER.OR MAY BE BECAUSE THE INVERSE STRATEGY IS FALSE.

    I CANNOT PUT THE EA INTO USE DUE TO THE MALFUNCTION. KINDLY THE CASES DESCRIBED IN THE EARLIER POST

    KINDLY PROVIDE A RECTIFIED VERSION OF THE macd pro EA

    11-07-2018 at 17:00 #376325
    Yannick
    Keymaster

    You do not understand. The EA is not malfunctioning. The strategy you have in mind is just inverse.

    Nonetheless, I have made a modification and sent it to you by mail. I have inverted the logic of the MA trend filter to match your strategy.

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