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Moving Average EA MT5

5

Moving Average EA ΜΤ5 is a fully automated Expert Advisor that takes the trading of Moving Average to a whole new level. Moving Average EA MT5 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 MT5 Settings/Inputs Guide    |    Moving Average EA MT5 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 MT5

Before you test or use Moving Average EA MT5, you need to download Colored MA MT5 Indicator and you place it in the MT5 >> File >> Open Data Folder >> MQL5 >> Indicators folder of your MT5 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 1
Rafael Alfredo Capucho
354
Rafael Alfredo Capucho 2023.06.28 05:41 
 

Edit: She accepts suggestions, she knows how to listen and she plays always in your team, rating updated to 10/10, thank you Eleni.

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Rafael Alfredo Capucho
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Rafael Alfredo Capucho 2023.06.28 05:41 
 

Edit: She accepts suggestions, she knows how to listen and she plays always in your team, rating updated to 10/10, thank you Eleni.

Juvenille Emperor Limited
70418
Reply from developer Eleni Anna Branou 2023.08.08 22:56
Thank you very much for your detailed insight, feedback and positive review Rafael! I will keep your ideas in mind for the next update of the Moving Average EA MT4/5. EDIT: Thank you very much for your excellent updated review Rafael!
Reply to review
Version 2.40 2024.06.06
Fix of an issue.
Version 2.30 2024.06.02
A new 'Orders per Session' setting has been added that can limit the number of trades that the EA can open in a trading session, between Start and End Time.
Version 2.20 2023.08.06
Moving Average EA MT5 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 MT5 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 MT5 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 MT5 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 MT5 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
Dear friends,

MA EA MT5 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 MT5 with cryptocurrencies too.

3. A new EURUSD D1 default strategy was added.

Please update your MA EA MT5.
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.