MA cross Bot for MT5
- Experts
- Nicola Capatti
- Version: 1.0
The MA Cross Bot for MetaTrader 5 is a free Expert Advisor designed purely for educational and demonstrative purposes. It was created to provide those approaching algorithmic trading with a simple yet practical tool to better understand how one of the most well-known and widely used strategies in financial markets works: the moving average crossover.
The EA monitors price action and reacts when two moving averages cross, automatically opening buy or sell positions depending on the signal’s direction. This basic logic is the foundation of many trading strategies and serves as an excellent starting point for anyone who wants to understand how a trading idea can be turned into a working algorithm. The bot is lightweight, clear, and easy to configure, allowing users to focus less on programming complexity and more on market behavior and performance analysis.
In addition to its core strategy, the MA Cross Bot offers several customization options. You can set your own Take Profit and Stop Loss levels, manage lot sizes according to your risk preferences, and benefit from a complete notification system. The bot does more than just place trades: it marks entry points on the chart with arrows, generates sound alerts, and, for those who want to stay updated on the go, sends push notifications directly to the MetaTrader mobile app. Email notifications are also available for users who prefer a more traditional approach.
One of the bot’s main strengths is that it is not tied to a specific instrument: it can be used on any asset and timeframe, from forex to cryptocurrencies, indices to commodities. This versatility makes it perfect for experimenting, comparing results, and gaining a deeper understanding of price dynamics.
It is important to note that the default values for Take Profit and Stop Loss are not optimized and serve only as illustrative parameters. Users should perform their own testing, backtesting, and optimization based on the asset they want to trade and their personal style.