EX154 - MACD Divergence and Price Pattern Strategy

This EA is designed to identify strong reversal points using MACD Divergence, which serves as an early warning signal that a trend is about to change direction. However, the EA does not enter a trade immediately. Instead, it waits for confirmation from a Price Pattern (reversal candlestick formations) to enhance accuracy and reduce risk. It is equipped with a Martingale recovery system (doubling the lot size after a loss) that activates when necessary.

Impressive Results: From a backtest of nearly 6 years on the EUR/USD pair on the 15-minute timeframe, the EA was able to generate profits of almost 300% with a maximum drawdown that remained below the initial capital.