How it works
Simply, it is trading a group of Moving Average lines as much as you want.
It is trading the Moving Average direction. When all of the Moving Averages are going up then it is a buy signal, as well as the opposite direction would be the sell direction.
- Lot Type: Selection of two options: Auto or Manual Lot Size.
- Amount for AUTO Lot: When you select the Lot Type = Auto, the lot size will be calculated on the entered balance that you entered in the EA inputs.
- Auto Lot Size Each Amount: Would be calculated with the Amount you defined in the EA inputs for Auto Lot Size.
- Fixed Lot Size: when selection is Manual mode, this value of the lot size will be same whatever the account balance.
- Magic Number: The Trades' Magic Number.
- Slippage: Maximum Slippage in points.
- Stop Loss (0 = Disable): Value is in Pips.
- Take Profit (0 = Disable): Value is in Pips.
- Enable Trailing Stop: True: will enable the Trailing Stop. False: will disable the trailing stop.
- Trailing Start: The value in points, where the orders modification of Stop Loss should happen.
- Trailing Stop: The update of Stop Loss in points. It will be updated when the value of Trailing Start has reached.
- Trailing Step: The Trailing Step is used in conjunction with the Trailing Stop.
- Moving Averages Mode: ALL Moving Averages Mode list.
- Moving Averages Price: ALL Moving Averages Price list.
- How Many Lines Needed: It is the total of Moving Avg. periods.
If Lot Type = Auto:
Then Lot Size will be = Account Balance / calculated amount * calculated lot;
calculated amount is the Amount for Auto Lot
calculated lot is the Auto Lot Size Each Amount you defined to be calculated with the Amount for Auto Lot
Example: You have entered the value of Amount for Auto Lot = 100
& The value of the Auto Lot Size Each Amount Entered as = 0.01
While your current account balance is 900$
Then any placed trade will open 0.09 lot size, as 900/100*0.01
If your account balance is 300$ then the lot size would be 0.03
If Lot Type = Manual
Then Lot Size = The Fixed Lot Size what ever the account balance is.
It is working with all Brokers, all Currency Pairs, all Account Types, and all Time Frames...