Pro MA Crossover EA for MT5 - Free Source Code and Template - expert for MetaTrader 5

This Expert Advisor is based on a classic Moving Average crossover strategy. A trade signal is generated when the fast moving average crosses the slow moving average, confirming a potential trend direction.

Buy signals occur when the fast MA crosses above the slow MA and the price closes above the fast MA.
Sell signals occur when the fast MA crosses below the slow MA and the price closes below the fast MA.

An optional multi-timeframe moving average filter can be enabled to confirm the trend direction from a higher timeframe. This helps reduce false signals and improve trade quality.

🔹 Trade Logic & Interpretation

The EA operates on a new bar basis to reduce noise and avoid excessive trading.

• Bullish condition: Fast MA crosses above Slow MA with price confirmation
• Bearish condition: Fast MA crosses below Slow MA with price confirmation

If enabled, positions can be closed when the price crosses back over the fast MA, allowing dynamic exit management.

The system is trend-following and performs best in trending market conditions.

🔹 Input Parameters (External Variables)

MA Settings:
• mode_ma – Type of moving average (EMA, SMA, etc.)
• period_ma_fast – Fast MA period
• period_ma_slow – Slow MA period
• use_ma_filter – Enable/disable higher timeframe filter
• timeframe_ma_filter – Timeframe for filter MA
• period_ma_filter – Period of filter MA

Risk Management:
• takeProfit – Take Profit in pips (0 = disabled)
• stopLoss – Stop Loss in pips (0 = disabled)
• useFastMAexit – Enable exit on price crossing fast MA
• maxLotSize – Maximum lot size allowed
• minEquity – Minimum equity required to trade

Trading Settings:
• MagicNumber – Unique identifier for EA trades

🔹 Recommended Settings

The EA has been tested on:
• Symbol: EURUSD
• Timeframe: D1
• Fast MA: 100
• Slow MA: 200

These settings showed stable performance with relatively low drawdown over long-term backtesting.

🔹 Purpose of the EA

This EA is designed as a template for traders and developers who want to:
• Learn algorithmic trading
• Test moving average strategies
• Build and customize their own trading systems

🔹 Disclaimer (ADD THIS — IMPORTANT)

⚠️ Trading involves risk. This EA is provided for educational purposes only and does not guarantee future results.