Advanced MACD Strategy (EURUSD 5min)

This is an advanced MACD-based trading strategy designed specifically for the EURUSD forex pair on the 5-minute timeframe. It combines traditional MACD crossovers with powerful trend, momentum, volume, and volatility filters to increase trade quality and reduce false signals.

Key Features:

MACD Cross + Histogram Confirmation:
Entries occur only when MACD line crosses the Signal line with supporting momentum from the MACD histogram.

200 EMA Trend Filter:
Trades are allowed only in the direction of the dominant market trend (above EMA for longs, below EMA for shorts).

Volume Filter:
Ensures entries only happen when volume is above its 20-period average, helping avoid illiquid market conditions.

ATR-Based Dynamic Risk Management:

Stop-loss set at 1× ATR from entry price.

Take-profit set at 2× ATR from entry price.

Emergency exits are triggered after 4 hours if neither TP nor SL is hit.

Trading Hours Filter:
Trades are only allowed between 01:00 and 22:00 UTC to avoid low-liquidity periods.

Fully Adjustable Inputs:
All key parameters (MACD settings, EMA length, volume lookback, ATR multipliers, session hours) can be optimized for individual preferences.

Best Use:

Ideal for active traders who prefer high-frequency trading styles.

Designed for automated execution and easy integration with external bots (such as PineConnector).

Works best during London and New York trading sessions due to higher liquidity.

Disclaimer:
Past performance does not guarantee future results. Always backtest and forward-test on demo accounts before trading live capital. Trading forex involves substantial risk.