• Overview
  • Reviews (4)
  • Comments (18)
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Moving Average EA MT4

3.67

Moving Average EA ΜΤ4 is a fully automated Expert Advisor that takes the trading of Moving Average to a whole new level. Moving Average EA MT4 can either open one buy trade when MA turns up (blue color MA) or one sell trade when MA turns down (red color MA) or can open a new same direction trade on every new candle, as long as the slope direction of the Moving Average remains unchanged. A series of unique settings make this EA extremely versatile. This EA comes with provided set files for many symbols, specially optimized for ECN Raw Spread ICMarkets accounts (New York based GMT+3 time zone servers). Other brokers or account types may be used, but you may need to make any necessary time adjustments to fit your broker/account.

Advice: None of my EAs are miracle products capable of predicting the market. Instead, they are honest, well-coded expert advisors designed to win more than they lose. They do not employ martingale or grid strategies, which means their results won't consistently show an upward profit curve; there may be ups and downs. Success with them requires patience and discipline. My general recommendation is to test all the provided set files in your strategy tester. If you discover any interesting results, consider making a purchase. I regularly optimize all my EAs and release new set files twice a year. Additionally, at the end of each month, I assess the performance of all the provided set files and offer new suggestions based on the symbols that have performed the best over the last 2-3 months. I advise you to trade only with the best-performing set files, limiting your risk to 0.5% or 1% per symbol, rather than using all of them. For my latest recommendations, please visit the backtests & set files blog by: clicking here.


Product Installation    |    Moving Average EA MT4 Settings/Inputs Guide    |    Moving Average EA MT4 Backtests & Set Files    |    Update of a Purchased Product


Features

  • Martingale, Grid, Averaging or other dangerous techniques are not used
  • New trade on every change of the Moving Average slope direction
  • Option for a new same direction trade on each new candle
  • Offset setting for a better trade placement after a price retracement
  • Hard and Virtual Take Profit and Stop Loss levels
  • SL, TP, BE and Trailing SL levels in Percentage of the Average Daily Range
  • Basket TP, SL, BE and Trailing SL in % for all open positions combined
  • Optimized set files for many symbols/instruments
  • 100% automated Expert Advisor
  • MQL5 VPS compatible


How to test and use Moving Average EA MT4

Before you test or use Moving Average EA MT4, you need to download Colored MA MT4 Indicator and you place it in the MT4 >> File >> Open Data Folder >> MQL4 >> Indicators folder of your MT4 terminal. 


I would greatly appreciate a positive review if you are happy with your purchase. Please contact me to find a solution if you are not.


Check all my products: https://www.mql5.com/en/users/eleanna74/seller

Contact me for support: https://www.mql5.com/en/users/eleanna74


#tags ma ea mt4 mt5 moving average expert advisor ea robot bot moving average strategy moving average slope direction trading best moving average ma expert advisor robot bot


Reviews 4
luckking69
24
luckking69 2023.03.12 08:36 
 

I really appreciate the attention Eleni has given me in regards to the settings in order to get the most out of this EA. I highly recommend reaching out before making any rash judgements. Thank you Eleni.

Max
1050
Max 2021.04.07 21:41 
 

Do not listen to the last review guy! this is good ea for traders! good concept and programming, I was looking for something like this, works well

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Perceptrader AI
Valeriia Mishchenko
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EA Black Dragon
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Diamond is advanced automated expert advisor with high perfomance trading strategy. This is professional trading tool with enhanced trading performance, which contains an adaptive algorithm and combines the best technologies of EA Sapphire, EA Maestro and EA Prime. The implemented solutions allowed to significantly improve the trading efficiency and  performance of the system. Every suitable moment of the market the expert uses to his advantage. Along with the price chart data analysis, the EA t
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New Genius Candles AI
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4.2 (5)
The trading method is based on the algorithm for detecting candles candles using Core AI. Using innovative trading methods with artificial and neural networks, it is widely used for fast Forex trading. Telegram channel of our community -   https://t.me/EAQuantumLab Official community site -   https://eaquantumlab.com Real signals are available here:   https://www.mql5.com/en/users/vitalvasa/seller Requirements for a trading advisor: Trading instrument:   XAUUSD, EURUSD, GBPUSD, BTCUSD, ETH
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Ianina Nadirova
3.5 (10)
Auto Recovery Manager is a system for tracking and recovering drawdown from other Expert Advisors. If another EA generates the specified drawdown, ARM will turn it off, lock the position and start the process of restoring the position using a partial close. The EA uses smart averaging, locking and partial closing in its trading. It has an automatic dynamic tuning system. This means that the trader needs to choose the levels of risk to be used, and the EA will adjust the variables on its own. To
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Filter:
luckking69
24
luckking69 2023.03.12 08:36 
 

I really appreciate the attention Eleni has given me in regards to the settings in order to get the most out of this EA. I highly recommend reaching out before making any rash judgements. Thank you Eleni.

Juvenille Emperor Limited
57538
Reply from developer Eleni Anna Branou 2023.03.17 11:54
I greatly appreciate your very kind comments and excellent review! I am always happy to help and I will be by your side for anything you may need.
newcm
223
newcm 2022.05.11 13:46 
 

Very very very bad ea.

Juvenille Emperor Limited
57538
Reply from developer Eleni Anna Branou 2022.05.14 09:50
So, you bought this EA in the morning, you attach it on your EURUSD H4 chart and you acknowledge it as a "very very very bad ea" because it hasn't open any trades until the afternoon. If you had read the product's description you would know that the Moving Average EA MT4 opens a new trade when the color of the ColoredMA changes, opens a buy when the color turns blue and a sell when the color turns red. It doesn't open any trades while a move is developing. Considering that you used the settings on 4 hour timeframe, a new trade could come in a few hours to a few days time.
Max
1050
Max 2021.04.07 21:41 
 

Do not listen to the last review guy! this is good ea for traders! good concept and programming, I was looking for something like this, works well

Juvenille Emperor Limited
57538
Reply from developer Eleni Anna Branou 2021.04.07 21:49
Thank you for your great review Max, you are a trustworthy friend here for some years now. The idea was to built a solid expert advisor that will give any trader many options to adjust it to his/her personal requirements and needs and I believe I have accomplished that.
Neeraj Mittal
745
Neeraj Mittal 2021.02.03 15:29 
 

Worst EA, not take the trades even with most simple configurations and not shows the arrows on the chart when take the trade, in several hrs on 1hTF chart took 1 trade in one day and smaller timeframe loose the trades due to whipso. Anyway more options are available in same price or even free, i will try them.

Juvenille Emperor Limited
57538
Reply from developer Eleni Anna Branou 2021.02.04 00:49
Why did you leave a bad review without contacting me about your settings and configurations? I am happy to help you. You've bought my EA only yesterday and Its not nice at all to leave a bad review without having checked the EA in all its aspects and possibilities. I suggested you to read the inputs file carefully, in order to understand how this EA works. Have you done that? My EA has default settings for EURUSD and you are trading with these settings on Gold, how do you expect to open any trades? I also told you that you are using an offset setting of 50 and that means that the EA will wait for a 50 points retracement in price, upon a valid signal, before it opens the trade. Have you changed that setting? You've sent me a message yesterday, I was available to help you with your setup and 1 day later you left a bad review, I am speechless. Usually buyers chasing sellers for help but here was the other way around, I was trying to help you and you weren't answering my messages, this is outrageous behaviour!
Reply to review
Version 2.20 2023.08.06
Moving Average EA MT4 has been updated with 3 new additions.

1. A new First Session Trade on Next Signal setting has been added that will open the first trade when the EA is first attached on the chart and in every next trading session (at the Start Hour/Minutes), right away when this setting is false (by default) or at the next opposite signal when it is true. This way you will be able to avoid exhausted signals that are near to their end.

2. Also a Minimum Distance to MA in Points setting has been added, that will help avoiding too close to the ColoredMA signals, in periods that the market is consolidating and has no clear trend.

3. Finally a new Moving Average filter has been added, that can be used as a trend filter with a higher Moving Average period than the main Moving Average (ColoredMA) period above.
Version 2.10 2022.12.09
Moving Average EA MT4 has been updated with the following changes:

1. The addition of Stop Loss, Take Profit, Break Even and Trailing Stop Loss levels in Percentage of Average Daily Range of a set number of Average Daily Range Candles.

2. An EA Comment setting has been added, that allows the user to insert a custom comment in all Moving Average EA MT4 trades.

3. Monday and Friday trading hours have been removed, because they were adding complexity to the EA, making optimizations more difficult without any gain to the results.

Please update your Moving Average EA MT4 and load the new optimized set files for 2023, that include the new SL/TP/BE ans trailing SL levels in Percentage of Average Daily Range.
Version 2.0 2022.01.11
The Moving Average EA MT4 was updated with a new EURUSD H4 strategy and 15 new set files for 2022, for you to use and experiment with.
Version 1.90 2021.12.08
MA EA MT4 was updated today with the following changes:

1. The Trading Hours format has been changed in order to be optimizable.

2. Saturday and Sunday were added in the trading days in order to be able to use MA EA MT4 with cryptocurrencies too.

3. A new EURUSD D1 default strategy was added.
Version 1.80 2021.06.10
New improved default settings for EURUSD H4 strategy.
Version 1.70 2021.06.08
Replacement of the Stop Same Direction Signals after Basket setting with a new setting that allows to stop same directions trades from opening, after every kind of trade closure, whether its TP, SL, BE or Basket.
Version 1.60 2021.04.13
New improved default settings for EURUSD H4 strategy.
Version 1.50 2021.01.15
Addition of Variable Risk option.
Version 1.30 2020.03.17
Addition of weekdays true/false trade option.
Version 1.20 2020.02.26
Addition of Close All Positions on Friday option.
Version 1.10 2020.01.24
Minor improvements.