MACD and MA Filter EA MT4

EMA + MACD dual-confirmation EA | Buy/sell on MA+MACD alignment | Free MT4

About MACD and MA Filter EA MT4

The MACD and MA Filter EA is a free Expert Advisor for MetaTrader 4, available on the MQL5 Market (product/38998). It combines two of the most widely used technical indicators — the MACD (Moving Average Convergence Divergence) and a Moving Average (EMA) filter — to generate trade entries. The logic is: buy when the fast MA is above the slow MA and the MACD histogram is above the signal line; sell when the fast MA is below the slow MA and the MACD histogram is below the signal line. This dual-indicator approach filters out false MACD signals by requiring the MA trend to confirm the direction before entry. The EA is provided free of charge on MQL5, making it an accessible starting point for traders who want to automate an EMA + MACD strategy.

Platform: MetaTrader 4 (free)
Indicators: EMA (fast/slow) + MACD histogram vs signal line
Buy rule: Fast MA above slow MA AND MACD histogram above signal line
Sell rule: Fast MA below slow MA AND MACD histogram below signal line
Source: mql5.com/en/market/product/38998

Key Features

✓ Dual-indicator confirmation — MA trend + MACD momentum must agree before entry

✓ Classic strategy — EMA + MACD is one of the most proven indicator combinations in technical analysis

✓ Free on MQL5 — accessible for all traders to test and deploy at no cost

✓ Configurable parameters — EMA periods and MACD fast/slow/signal settings are adjustable

⚠ Optimise EMA and MACD parameters for the specific instrument and timeframe before going live

⚠ MACD + MA strategies can lag in choppy markets — consider adding a volatility or range filter

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