The ZeroLag MACD expert advisor is an automated trading tool based on the MACD indicator with zero delay.
Buy and sell signals are based on the zero line crossover of the ZeroLag MACD indicator.
- The trend is positive when the ZeroLag MACD indicator trades above it’s zero line.
- The trend is negative when the ZeroLag MACD indicator trades below it’s zero line.
This Forex robot uses the following default values for the MACD indicator: 2, 34, 2.
Feel free to experiment with the different input parameter values for optimized performance and use on a demo account first.
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Strategy Tester Performance Report
Find below the ZeroLag MACD robot tester performance report for the EUR/USD currency pair attached to the Daily chart.
Strategy Tester Performance Highlights
The expert advisor made a total profit of $60050 from 303 trades. The largest winning trade generated $1220 in profits, while the biggest losing trade reported during the testing period lost -$940.
Overall, the ZeroLag MACD FX robot traded profitable during the testing period.
Test Period Details:
Bars in test: 3778 ticks modelled
Initial deposit: $10000.00
Total net profit: $60050
Total trades taken: 303
Largest profitable trade: $1220
Largest losing trade: -$940
Consecutive winning trades: 16
Consecutive losing trades: 2
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MT4 Forex Robot Highlights
Supported Currency pairs: Any (majors, minors, currency crosses)
Supported Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day
Type: ZeroLag MACD
Trading Platform: Metatrader 4
Type: Expert advisor (EA)
The following input parameter values can be modified by accessing the EA’s “Inputs” tab:
Lot size, trailing stop, take profit, stop loss
How to install and run this FX Robot?
- Copy the ZeroLagEA-AIP_v0_0_4.mq4 file into the Experts folder of the MT4 platform.
- Then close and restart the MT4 platform.
- Finally, attach the robot to the chart.