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Moving Average EA MT4

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, for example the option to limit the distance between same direction orders in order to avoid too many similar level trades or the offset setting that forces the EA to wait for a better price on each new candle. Also a variable risk option has been added to decrease the risk after a loss and increase it after a win. This way you will minimize your losses during abnormal periods. At the same time you are able to control your trading account's profit and/or loss at a basket level, for all your open positions combined. This EA comes with a default EURUSD H4 strategy, 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 test Moving Average EA MT4 and make any necessary time adjustments to fit your broker/account.

Product Installation  |  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
  • Variable Risk option protects against consecutive losses
  • Hard and Virtual Take Profit and Stop Loss levels
  • Basket TP, SL, BE and Trailing SL in % for all open positions combined
  • 100% automated Expert Advisor
  • MQL5 VPS compatible


How to test Moving Average EA MT4

First you download Colored MA MT4 Indicator and you place it in the MT4 >> File >> Open Data Folder >> MQL4 >> Indicators folder of your MT4 terminal. Then you go to the Market tab of the Terminal window of your MT4 and you download the demo version of the Moving Average EA MT4. Finally you open the MT4 >> View >> Strategy Tester and you load the Moving Average EA MT4 from the Market folder and you perform your backtest. Remember that the default settings are ready for trading EURUSD on H4 timeframe.


How to use Moving Average EA MT4

First you download Colored MA MT4 Indicator and you place it in the MT4 >> File >> Open Data Folder >> MQL4 >> Indicators folder of your MT4 terminal. Then you attach Moving Average EA ΜΤ4 to a chart of your desired currency pair (EURUSD H4 for default settings) in the MT4 terminal and click the Auto Trading button. If you use MQL5 VPS, you need to synchronize with your MQL5 VPS in order to migrate your trading environment onto the virtual server (right click on the MQL5 VPS in the Navigator window >> Synchronize experts, indicators).


Default Settings

  • Moving Average EA's MT4 default settings are a ready to trade strategy for EURUSD on H4 timeframe. This is the 2020-2021 EURUSD MT5 100% quality backtest with Moving Average EA's MT4 default settings.


Moving Average EA MT4 Inputs



    WARNING: You must adjust Moving Average EA's MT4 Start Time and End Time settings accordingly, before you test or trade with it!


    Server Time Monday
    Start Time
    Start Time   End Time Friday
    End Time
    GMT-12
    20:30 11:30 04:59 02:59
    GMT-11
    21:30 12:30 05:59 03:59
    GMT-10
    22:30 13:30 06:59 04:59
    GMT-9
    23:30 14:30 07:59 05:59
    GMT-8
    00:30 15:30 08:59 06:59
    GMT-7
    01:30 16:30 09:59 07:59
    GMT-6
    02:30 17:30 10:59 08:59
    GMT-5
    03:30 18:30 11:59 09:59
    GMT-4
    04:30 19:30 12:59 10:59
    GMT-3
     05:30  20:30 13:59 11:59
    GMT-2
     06:30  21:30 14:59  12:59 
    GMT-1 07:30 22:30 15:59 13:59
    GMT+0 08:30 23:30 16:59 14:59
    GMT+1
    09:30 00:30 17:59 15:59
    GMT+2
    10:30 01:30  18:59 16:59
    GMT+3
    11:30 02:30  19:59  17:59
    GMT+4
    12:30 03:30 20:59 18:59
    GMT+5
    13:30 04:30 21:59 19:59
    GMT+6
    14:30 05:30 22:59 20:59
    GMT+7
    15:30 06:30 23:59 21:59
    GMT+8
    16:30 07:30 00:59 22:59
    GMT+9
    17:30 08:30 01:59 23:59
    GMT+10
    18:30 09:30 02:59 00:59
    GMT+11
    19:30 10:30 03:59 01:59
    GMT+12
    20:30 11:30 04:59 02:59



    Reviews 2
    Max
    785
    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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    Filter:
    Max
    785
    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
    16543
    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
    79
    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
    16543
    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 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.