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MACrossoverEA - expert for MetaTrader 5

Musa Khunarikov
| English Русский 中文 Español Deutsch 日本語 Português 한국어 Français Italiano Türkçe
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223
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MA Crossover EA — an expert advisor based on the crossover of moving averages

The expert advisor opens trades when two moving averages (Fast and Slow) cross. It works on any instrument and timeframe.

Features:

  • Opens a BUY trade when the Fast MA crosses from bottom to top
  • Opens a SELL position when the Fast MA crosses from top to bottom
  • Setting Stop Loss and Take Profit
  • Only one position at a time
  • Trading only on a new bar (optional)
  • Customisable parameters


Parameters:

  • Lot — lot size
  • FastMAPeriod, SlowMAPeriod — MA periods
  • StopLoss, TakeProfit — levels in pips
  • MagicNumber — magic number
  • TradeOnNewBar — trade only on bar close

Recommendations:

Before using this expert advisor on a live account, test it in the Strategy Tester and optimise the parameters for your specific instrument.


Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/77414

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