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PZ MACD Trader EA

Find the Right Edition That Fits You
Scalperology Ai MT5
Global
Pairs: AUD/JPY
AUD/JPY
AUD/USD
EUR/AUD
EUR/GBP
EUR/JPY
EUR/NZD
EUR/USD
GBP/USD
NZD/USD
USD/CAD
USD/CHF
USD/JPY
30-Day Profit: 0%
7-Day Profit: 0%
Support: 24Ρ…7 via Telegram
Try it FreeπŸ€
Breakopedia Ai MT5
Global
Pairs: AUD/JPY
AUD/JPY
AUD/USD
EUR/AUD
EUR/GBP
EUR/JPY
EUR/NZD
EUR/USD
GBP/USD
NZD/USD
USD/CAD
USD/CHF
USD/JPY
XAU/USD
XAG/USD
XBT/USD
30-Day Profit: 0%
7-Day Profit: 0%
Support: Developer
Try it FreeπŸ€

Overview of PZ MACD Trader EA

  • The PZ MACD Trader EA is a robust expert advisor designed for the MetaTrader platform.
  • It leverages the Moving Average Convergence Divergence (MACD) indicator for trade signals, making it a favorable choice for trend-following strategies.
  • This EA is free and highly customizable, allowing traders to fine-tune various parameters to suit their strategies. πŸŽ‰

    • Features and Customization

  • The EA can operate using the MACD indicator alone or in conjunction with Donchian breakouts across any timeframe.
  • Key features include:
    • Customizable break-even, stop loss, take profit, and trailing stop settings.
    • Support for both ECN and Non-ECN brokers.
    • Multiple money management modes, including martingale options.
    • Built-in Forex session filters for selective trading periods.

    Entry and Trading Strategies

  • The PZ MACD Trader EA offers two main trading strategies:
    • Trade naked MACD signals.
    • Trade breakouts confirmed by MACD readings.
  • It also allows for various behavioral strategies:
    • Regular: Buying on bullish signals and selling on bearish signals.
    • Inverse: The reverse of the regular mode.
    • Only buy or only sell modes that limit actions to one direction. ⚑️

    Flexibility in Money Management

  • The EA supports several modes for managing trade sizes:
    • Fixed lot size for consistent trading.
    • Auto-calculated lot sizes based on account risk percentage.
    • Martingale: Doubling the lot size after a loss, and Inverse Martingale: Doubling after a win.

    User Community Feedback

  • The support for this EA is limited to community forums without direct assistance from the author, Arturo Lopez Perez.
  • User ratings have been generally positive with an average rating of 4.14, indicating effective performance among traders. 😎
  • It’s important for users to experiment with different settings to maximize the EA's potential in various market conditions.

    • Conclusion

  • Overall, the PZ MACD Trader EA stands out for its flexibility and depth of features, appealing to both novice and experienced traders who are comfortable with MACD strategies.
  • As always, users should conduct thorough testing to identify the optimal configuration specific to their trading preferences.
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