Atrion Skyline Trading EA
- Experts
- Version: 1.2
- Activations: 5
Atrion Skyline Trading EA
Overview
An automated trading system (Expert Advisor) for MetaTrader 5.
It combines a moving average (MA) based entry condition with a trailing stop mechanism derived from the Average True Range (ATR).
The EA is intended as an example of how a moving average signal can be combined with a volatility-based stop management method.
Operation Logic
Entry Signal (Moving Average):
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A configurable Moving Average is used as the entry condition.
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Buy and Sell decisions are based on the direction of the MA and the applied price.
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Parameters such as period, method (SMA, EMA, SMMA, LWMA), and applied price (close, open, median, etc.) are adjustable.
Trade Management:
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The EA does not include advanced position sizing models.
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Trades are opened with a fixed lot size determined by the broker or the user.
ATR Trailing Stop:
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Stop Loss is updated dynamically according to market volatility.
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The trailing distance is calculated as ATR × Multiplier.
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For Buy positions, SL is placed below the current Bid.
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For Sell positions, SL is placed above the current Ask.
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The Stop Loss is modified only if the new level is more favorable than the previous one.
Signals
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Buy: When the MA condition points upward.
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Sell: When the MA condition points downward.
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Trailing Stop:
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Buy → SL = Current Bid − ATR × Multiplier
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Sell → SL = Current Ask + ATR × Multiplier
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Application
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Markets: Can be applied to forex, commodities, indices, or crypto instruments.
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Timeframes: Works on any timeframe.
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Style: The EA uses a trend-following entry combined with volatility-based stop management.
Installation Guide
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Copy the file ExpertMAATR.ex5 into MQL5 → Experts.
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Restart MetaTrader 5 or refresh the Navigator panel.
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Open a chart and attach the EA.
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Enable Algo Trading in MT5.
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Configure input parameters as required.
