Golden CrossFlex
- Experts
- Version: 1.8
- Activations: 5
Golden CrossFlex.mq5
Golden CrossFlex is an automated trading system for MetaTrader 5 based on Moving Average (MA) crossovers. It combines flexible trade direction filters, money management rules, and a dynamic trailing stop system to maximize profits while controlling risk.
⚙️ Functions
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MA Crossover Detection:
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Opens BUY trades when the fast MA crosses above the slow MA.
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Opens SELL trades when the fast MA crosses below the slow MA.
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Trade Direction Control: Allows trading in both directions, only BUY, or only SELL.
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Risk Management:
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Optional Stop Loss in USD (negative value triggers automatic closure when loss reaches the set amount).
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Dynamic Trailing Stop that locks a percentage of floating profit once a minimum profit threshold is reached.
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Daily Trade Limit: Restricts the maximum number of trades per day.
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Position Management:
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Limits the maximum number of concurrent BUY and SELL positions.
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Closes profitable positions when an opposite crossover occurs.
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🔧 Input Parameters
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MA Settings
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InpFastMAPeriod : Fast MA period (short-term).
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InpSlowMAPeriod : Slow MA period (long-term).
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InpMAMethod : Type of MA (e.g., EMA, SMA).
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InpAppliedPrice : Price type used (Close, Open, etc.).
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Money Management
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InpLotSize : Fixed lot size per trade.
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InpStopLossMoney : Stop loss in USD (negative value activates it, 0 disables).
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InpMagicNumber : Unique identifier for trades opened by this EA.
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Dynamic Trailing % Settings
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InpTriggerProfitMoney : Minimum profit (USD) required to activate trailing.
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InpTrailingPercent : Percentage of profit to lock (e.g., 60% secures 60% of floating profit).
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Restrictions
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InpTradeDirection : Choose BUY only, SELL only, or BOTH.
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InpMaxActiveBuy : Maximum concurrent BUY positions.
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InpMaxActiveSell : Maximum concurrent SELL positions.
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InpMaxDailyTrades : Maximum trades allowed per day.
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📈 How It Works
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Initialization:
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Sets up MA indicators and resets daily trade counter.
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On Each Tick:
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Updates MA values and checks for crossover signals.
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Monitors active positions for stop loss, trailing stop, and opposite crossover closure.
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Resets daily trade count at the start of a new day.
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Entry Logic:
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Opens BUY when fast MA crosses above slow MA (if allowed and within limits).
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Opens SELL when fast MA crosses below slow MA (if allowed and within limits).
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Exit Logic:
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Closes positions if stop loss or trailing stop conditions are met.
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Closes profitable positions when an opposite crossover occurs.
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This EA is designed for traders who want a flexible MA crossover system with dynamic profit protection and strict trade limits to avoid overtrading.
