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EA Two MA

5

The Expert Advisor trades by two Moving Average lines. There are also two types of order closing: 1) if there is an opposite signal, 2) closing order by take profit, stop loss, and trailing stop. You can configure Moving Average indicators.


Key Advantages

  • Ability to work with fixed lot and MM.
  • Six trailing stop modifications.
  • Easy to use.
  • Two types of order closing.
  • The EA works with all brokers.


Parameters

  • General
    • Order Type – trade directions.
    • Use_Risk_MM – if true, lot size is increased when account balance grows (risk management).
    • Percentage_Risk – increase lot size based on the balance (risk management in %).
    • Lot – fixed lot (if Use_Risk_MM = false).
    • Slippage – allowable slippage before an order triggers.
    • Magic – order magic number.
    • Show_Info_Panel – info panel (if false, testing is accelerated in the strategy tester).
  • Closing orders
    • closing orders at the intersection of the lines – closing orders at the intersection of two Moving Average lines.
    • closing orders on TP, SL, Trailing Stop – close orders by take profit, stop loss and trailing stop.
      • Take_Profit – take profit in points.
      • Stop_Loss – stop loss in points.
      • Use_Trailing – if true, profit is protected by trailing stop.
        • Choice_Trading_Stop – six trailing stop modifications.
          • Trailing_modification_1 – modification 1.
          • Trailing_modification_2 – modification 2.
          • Trailing_modification_3 – modification 3.
          • Trailing_modification_4 – modification 4.
          • Trailing_modification_5 – modification 5.
          • Trailing_modification_6 – modification 6.
        • Trailing_Stop – trailing points when position is in profit.
        • Trailing_Step – trailing step when the position is in profit.
      • Number_orders_Buy – maximum amount of BUY orders.
      • Number_orders_Sell – maximum amount of SELL orders.
  • Moving Average 1 settings
    • Period – period.
    • Method_smoothing_prices – price smoothing method.
    • PRICE – price for the indicator calculation.
  • Moving Average 2 settings
    • Period – period.
    • Method_smoothing_prices – price smoothing method.
    • PRICE – price for the indicator calculation.
  • Trading time – time-based filter.
    • Use time – if true, trading is performed at a certain time.
    • 0 = time server, 1 = time PC – (0 = server time, 1 = PC time).
    • time string – enter come separated time values (example: 00:30,18:30 ) = trade from 00:30 to 18:30.
  • Limiter time – start time on Monday and end time on Friday.
    • Use time – if true, trading is performed at a certain time.
    • 0 = time server, 1 = time PC – (0 = server time, 1 = PC time).
    • Inclusion in Monday – operation start time on Monday (example: 10:30).
    • off on Friday – operation end time on Friday (example: 18:30).
Reviews 1
Thomas Froeba
938
Thomas Froeba 2019.11.26 10:38 
 

Very good. Thank you.

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Thomas Froeba
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Thomas Froeba 2019.11.26 10:38 
 

Very good. Thank you.

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Version 1.56 2020.04.05
Fixed minor bugs.
Version 1.55 2016.08.30
1.Added the ability: disabling the Moving Average_1 or Moving Average_2, in order to use a single Moving Average line.
2.Fixed minor bugs.
Version 1.52 2016.06.21
1. Added new modifications of trailing stop.
2. Fixed "Trading time" function.
3. Improved info panel.
4. New GMT parameter — the server time zone.
5. Minor bug fixes.
Version 1.51 2016.02.16
Fixed the amount of open orders on SELL.