Moving Smart Tracker Pro
Expert Advisor based on Moving Average Advanced, fully automated.
- Take Profit and Stop Loss are calculated by Average True Range of the bars.
- Developed for EURUSD H1, works on any pair.
- TP and SL are placed with the orders for safety.
- Spreads are not relevant because the trades are of many pips.
- Backtest by 'Open Prices Only' is the best and fastest way with this Expert Advisor. Don't miss let a Forward Period of 4 months to see consistency.
- You can start from only 100 USD with 0.01 lots. Low leverage is not a problem, so it's suitable for every broker, US citizens included.
- Works in Long Therm, one month without a new maximum is common in this Expert Advisor.
- It is not a scalper, not martingale.
- It has incorporated a Stop and Out control by Drawdown percent, if you lose money and reach the limit fixed for you, it closes the trades and sends an email to you.
- It has incorporated a Stop and Out control by Equity., if you lose money and reach the limit fixed for you, it closes the trades and sends an email to you.
- See the News section for more information and see the last settings.
Expert advisor main inputs
- LotsOptimized- If True, lots are calculated based in Risk_SL_Percent input, It means that the smaller operation will risk this percent of equity of your account. If false, It always uses the value MoneyRisked.
- MoneyRisked- Money risked in one operation if LotsOptimized=false.
- Risk_SL_Percent- The smaller operation will risk this percent of equity of your account, the recommended value is between 1-5%.
- Maxtrades1_18- Maximum number of trades simultaneously opened. It can be between 1-5.
- iMAperiod- Period considered for the moving average 1. Recommended between 10-40.
- iMAmethod- Method considered for the moving average 1. Values can be between 0-3.
- iMAprice- Price considered for the moving average 1. Values can be between 0-6.
- MA_Dif_Max -Value of filter for the moving average 1. Recommended 1.0-6.0.
- iATRperiod - Period of days considered for the Average True Range for set TP and SL values. Recommended 5.
- iATRmultiplier -Multiplier applied for setting TP and SL values. Recommended 1.5-7
- iMAperiodLTFBuy-Period considered for the moving average 2. Recommended between 7-20.
- iMAmethodLTFBuy- Method considered for the moving average 2. Values can be between 0-3.
- iMApriceLTFBuy- Price considered for the moving average 2. Values can be between 0-6.
- LTFBuy_Above1_Below0- Defines how is applied de Movin Average 2. Can be 0-1, recommended 1.
- OpenHour -Start trading hour. Recommended 0.
- CloseHour -Stop trading hour. Recommended 24.
- ReverseTrades -If true, the trades are opened in reverse direction.
- WaitingHoursForClose- Time while the EA is waiting for a SL or TP price. After this time It try to close the operation without losses.
- See the News section for full information.