• Overview
  • Reviews (2)
  • Comments (4)

MA Distance X

5

This is a simple EA works with the MA indicator. Every time a new candle is created on the chart, the EA will check the distance from the current price against the MA values then it will open a position.

Caution: This EA should be used for testing, statistical and analytical purposes. It is not recommended to use it as a true trading robot, unless you have an effective plan with it.

BUY Conditions:

When Bid price - Distance >= MA value at the #1 candle (previous candle).

In Reverse mode, a Sell order will be executed instead of a Buy order.


SELL Conditions:

When Ask price + Distance <= MA value at the #1 candle (previous candle).

In Reverse mode, a Buy order will be executed instead of the Sell order.


Features included:

  • Automatically perform trailing stop
  • Choose to manage capital by risk percentage or trading volume
  • Manage the number of trading positions
  • Flexible slippage configuration
  • Range of trading time configuration

Parameters:

  • Timestart: Start trading on time
  • Timestop: Stop trading on time
  • Money management: LOT or RISK:
  • In case you choose LOT: The value for money management: is volume (Example: 0.01)
  • In case you choose RISK:The value for money management: is percent (Example: 1)
  • For example: If your account is currently 1000 USD, and leverage you're using the is 1:100 on EURUSD pair. At the moment, 1% is equivalent to a trade of 0.01 standard lot.
  • Stop Loss, in pips: Stop loss
  • Take Profit, in pips: Take profit
  • Auto trailing stop: true = on, false = off
  • Trailing Stop: Trailing stop, in pips. 
  • Trailing Step: Trailing step, in pips
  • Price distance to MA: Input distance in points
  • MA timeframe: Time frame
  • MA averaging period: MA period
  • MA horizontal shift: MA Shift
  • MA smoothing type: MA type
  • MA type of price: MA type of price
  • Only one position: If you select false, an order will be opened each time you switch to a new candle.
  • Reverse: Reverse trade mode. Along with a condition C, but will choose to open BUY orders instead of SELL orders or vice versa.
  • Close composite: Close all orders in the opposite direction with the next new one, effective when Only one position = false mode.
  • Print log: Print logs during back-test
  • Slippage, in points: Slippage
  • Magic number: The ID of the EA, choose any number from 8-10 digits.


Good luck and Happy trading.


Reviews 2
alearrais
36
alearrais 2020.03.31 13:52 
 

Hello, I can't change StopLoss and Profit. Is it necessary to have the source code to change?

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Only  3 copies left at current   price!,   Next Price 799 USD.   So   Come on Hurry up!    Parrots   Breaker   MT5  EA is an Expert Advisor that is smart, powerful and accurate in determining entries. Parrots   Breaker   MT5  EA works based on the concept of trend following  combined  with   Break of Internal Structure and   trading levels. Live Signal 1 Parrots   Breaker   MT5  EA is an Expert Advisor that is safe and focuses on long-term use. Backtest   Result is Fantastic. This EA does not us
Dark Algo MT5
Marco Solito
5 (52)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . This Expert Advisor is based on the latest generation of   algorithm  and is highly customizable to suit your trading needs. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated   algorithm  that allows it to   identify   and   follow m
Bitcoin Robot MT5
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The Bitcoin Robot MT5 is engineered to execute Bitcoin trades with unparalleled efficiency and precision . Developed by a team of experienced traders and developers, our Bitcoin Robot employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with M5 timeframe , ensuring that you never miss out on lucrative opportunities. No grid, no martingale, no hedging, EA only open one position at the same time. Bit
Boring Pips MT5
Thi Thu Ha Hoang
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Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is   Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool
Waka Waka EA MT5
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EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT4 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
US30 Scalper EA MT5
Lo Thi Mai Loan
5 (12)
Launch promo! Only 2  copies left at current price! Next price: 1533$ Final price: 1993$ Buy US30 Scalper and you could get Nasdaq Algo for free ! => Contact after purchase Live signal:  https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT4:  https://www.mql5.com/en/market/product/113580?source=Site+Market+Product+Page More analytics:  https://www.mql5.com/en/blogs/post/756452 For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/s
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Marcel Bühler
1443
Marcel Bühler 2021.03.04 22:34 
 

Seems not to work on a hedging account.

alearrais
36
alearrais 2020.03.31 13:52 
 

Hello, I can't change StopLoss and Profit. Is it necessary to have the source code to change?

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