Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal


Simple Expert Advisor - expert for MetaTrader 4

| English 日本語 Русский Español Deutsch Português

votes: 4
2009.11.30 13:58
2016.11.22 07:32
EMA_WMA.mq4 (4.76 KB)view

Many people asks to post a simple expert advisor.

The advisor is not designed to trade without losses. Its purpuse to check trade strategies.

Here is the one of them:

There are two WMA: WMA 8 and EMA 28.

When WMA crosses EMA from below - it buys.

When WMA crosses EMA from above - it sells.

After position opening it sends 2 orders: Take-profit 50 points (from the open price), Stop-loss 50 points (open price + spread)


  • Trade with fixed value of deposit (10%) and leverage (1:100)
  • Do not use it for trade for all of the currency pairs
  • If trend has reversed, and WMA crossed EMA in the direction opposite to the positions opened - open position in the trend direction, and close previous (of course, the old orders should be deleted and new sended).


Editor's remark:

Note that it's a mirror translation of the original Russian version.

If you have any questions to the author, suggestions or comments, it's better to post them there.

If you have found this code useful for trading or educational purposes, don't forget to thank author.

Good Luck!

Translated from Russian by MetaQuotes Software Corp.
Original code:

Trade-Arbitrage Trade-Arbitrage

It works without losses. It uses the market inefficiency for the arbitrage.

10 points on EURUSD & GBPUSD 10 points on EURUSD & GBPUSD

The strategy is based on breakthrough of the maximum and minimum price values of the previous trading day.

ChartPlusChartV3 ChartPlusChartV3

Program for logging of non-market quotations from brokerage companies with MetaTrader platform. ADDED: Added ability to run your own script automatically in case of non-market quotations have place.

The aggressive semi-automated scalping EA The aggressive semi-automated scalping EA

Use on 1M charts. Manually choose Only Long, Only Short or Short and Long depending on market direction. Close open orders moving in the opposite direction.