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Version: 3.0

Example L1: MACD Long signal only

caution

This is not a ready-to-use trading strategy. A trading strategy requires adjustment to the timeframe and symbol, along with thorough backtesting. The example is intended as a foundation for your own custom strategy and to help you get familiar with the Expert Advisor Builder web application. To import and use an example, please follow the instructions provided here.

Description

This example displays long MACD signals without executing trades, useful for strategy development and signal analysis. Green vertical lines mark each bullish MACD crossing, providing visual confirmation of signal logic. This observation mode allows strategy refinement before risking capital.

Signal-only mode helps traders understand when and why signals occur without financial commitment. By observing signals across different market conditions, traders can assess strategy viability before live trading. The visual markers create clear historical records for analysis.

This educational approach bridges manual and automated trading. Traders can observe automated signals while taking discretionary trades, combining systematic signal generation with human judgment.

Recreate the Example

You can either import this example directly or set it up manually. To manually replicate the trading module, make sure a newly added module includes the following key settings and that the professional mode is activated:

Trade Basics

  • Operation type = Long signals only drawn
  • General signal visualization = On

Signal Generation - Indicators (MACD Main line)

  • Signal in use = On
  • Signal used for = Entry
  • Selected indicator = MACD
  • Line index = Main line
  • Draw in chart = On
  • Drawing slot = 1

Signal Generation - Indicators (MACD Signal line)

  • Signal in use = On
  • Signal used for = Entry
  • Selected indicator = MACD
  • Line index = Signal line
  • Draw in chart = On
  • Drawing slot = 2

Signal Generation - Indicator Combinations (MACD Main line & MACD Signal line)

  • Signal in use = On
  • Signal used for = Entry
  • Input indicator 1 = MACD (Main line)
  • Input indicator 2 = MACD (Signal line)
  • Value relation = Value 1 cross value 2

Screenshots

Example L1: MACD Long signal only.webp