MACD Pattern Expert Advisor

You can now download the MACD Pattern Expert Advisor for free on AtoZ Markets indicators gallery. This expert advisor is available for MT4.

MACD Pattern expert advisor is a special expert advisor designed to trade on six different MACD patterns. It’s a very complex EA and it employs dozens of various input parameters. MACD Pattern computes stop-loss and take-profit levels based on the previous bars and closes the open positions in fractions.

MACD Pattern Expert Advisor backtesting results

The backtest of the MACD Pattern Expert Advisor has shown ~31.75% profit with ~15.46% maximum drawdown during a period of 12 months (2020 year). The used trading volume was set to 0.1 standard lot. The EA made 207 trades, of which 86.96% were profitable. The default settings were used in this backtest on the EUR/USD H4 chart.

How to download and install an expert advisor

In order to install an expert advisor on your MT4 platform, you need to follow these steps:

  1. Click on the “Download Indicator” button located at the bottom of the screen.
  2. Save the file to your computer.
  3. Extract and move the files into the MT4>Experts folder of the MetaTrader4 software file directory.
  4. Restart your Metatrader platform.
  5. Find and activate “MACD Pattern” Expert Advisor in the Navigator window.

Note: This Expert Advisor was developed by a third party. AtoZ Markets does not carry any copyrights over this trading tool.

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