Example L2: MACD Short signal only
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 visualizes short MACD signals using red vertical lines without executing trades. The bearish crossings are clearly marked, showing when downward momentum begins. This visualization helps traders understand short signal frequency and timing.
Short signal visualization often reveals different patterns than long signals in the same market. Many assets have directional biases affecting signal distribution. Observing both directions helps traders choose optimal trading directions for specific instruments.
Red signal lines create strong visual contrast, making bearish signals immediately apparent. This clear visualization aids in pattern recognition and strategy evaluation during backtesting or forward testing periods.
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 = Short 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 2 cross value 1
Screenshots
