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An MT5 expert advisor that opens trades from MACD zero-level and line-cross signals, adds averaging orders in a grid, and can size lots automatically. It includes an on-chart panel and push, email and alert notifications.
Get one message the moment it launches, with its price.
AW Classic MACD EA is a fully automated expert advisor for MetaTrader 5. It reads the MACD indicator for entry signals, then manages open positions as a basket using an averaging grid, virtual take profit and an optional overlap function that closes the first and last orders together.
The EA calculates MACD internally and does not draw it on the chart. Two kinds of signal are available, and you choose which one to use.
If price moves against an open position, the EA can add further orders at a minimum step measured in points. Each new order can be larger than the previous one by a multiplier you set. The take profit is virtual and is calculated for the whole group of orders from the breakeven price. With the overlap option, the EA can close the first order using the profit of the last one once a chosen number of orders is open.
The listing does not restrict the EA to particular symbols or timeframes. Because MACD behaves differently on each instrument and period, test your chosen symbol and timeframe in the strategy tester and on a demo account. Check spread, swap and minimum lot with your broker before going further.
The inputs are grouped into sections. Confirm the defaults in the terminal after loading, as they may not suit your account.
| Group | What you can adjust |
|---|---|
| Main | First order size, automatic lot on or off, deposit amount per 0.01 lots |
| Signals | Fast, slow and signal EMA periods, applied price, maximum bars, signal type |
| Grid | Minimum step between averaging orders, lot multiplier |
| Take profit | Virtual take profit in points, overlap of last and first orders, order count before overlap |
| Protection | Maximum slippage, maximum spread, maximum orders, maximum order size, one order per candle |
| Advisor | Magic number, order comment, buy and sell permissions, new orders after close, panel and font size |
| Notifications | Push, email and pop-up alert when orders close |
Averaging strategies increase position size while price moves against the basket, so drawdown can grow quickly in a strong trend. Use the maximum orders, maximum order size and maximum spread limits, and keep the first lot small relative to your balance.
Trading carries risk, and you can lose some or all of your capital. Past results, including backtests, do not predict future ones. Test on a demo account first and only trade with money you can afford to lose.
Use a unique magic number if you run more than one EA on the same account so that their orders do not mix.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Signals, Trend, Momentum, Volume |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, fully automated |
| Signal source | MACD (zero level, line cross or both) |
| Trade style | Signal entries with averaging grid and basket closing |
| Markets | Any symbol offered by your broker; test before use |
| Timeframes | Any chart timeframe; choose and test your own |
| Lot sizing | Fixed first lot or automatic lot by deposit |
| Notifications | Push, email and terminal alert |
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This listing is for the MetaTrader 5 build and will only run in MT5. A separate MT4 edition exists as a different product, so check you are buying the one that matches your terminal.
Download the package and extract it. In MT5 choose File, then Open Data Folder, and copy the expert file into MQL5/Experts. Restart the terminal or refresh the Navigator, drag the EA onto a chart and make sure Algo Trading is switched on.
The EA places and manages its own orders, so use a broker that allows automated trading on your chosen symbol. Check spreads, contract size and minimum lot for that symbol, and confirm how the account type handles multiple positions in the same direction.
Yes. The Signals Type input lets you use the zero-level signal, the line-cross signal, or require both. The three MACD periods and the applied price can also be changed.
No. The MACD calculation runs inside the EA and its graphical elements are not shown. If you want to see the indicator, add the standard MACD to the chart yourself.
When enabled, the lot size is calculated from the deposit amount you enter per 0.01 lots, so the size scales with your balance. Review the result in the strategy tester and on a demo account before using real funds.
AW Classic MACD EA mt5
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