
This is a simple macd strategy with 200ema filter
I use it in a 5 min time frame.
The sell condition
the price must be below the 200 ema
2 only sell when the macd cross happens above the zero line(histogram line)
The buy condition
the price must be above 200 ema
only buy when the macd cross happens below the zero line (histogram line)
Money management
Stoploss - near the previous high or low
OR
the 200 ema whichever us close to the entry
price
Take profit- 1.5 times the stoploss vale
Please help me to make this strategy in to an ea.
you can back test your self , I tested it 100 times
Thank you
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