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MA Cross Advanced EA

Introduction


Cross moving average strategies are one of the most popular strategies. There are many gurus and people who think that it can be profitable.

Therefore, and driven by a request from another user I finally decided to do an EA of this strategy.

The EA has many options and I tried to do my best, but remember, as I always say, it should be used as a tool to realize the profitability of the strategy at least before you decide to use it with specific parameters in a real account.


Parameters


  • Magic Number - This is the identification of the EA, if you want to trade with 2 diferent EA's in the same Symbol you have to put different MagicNumbers in those EA's. 
  • EA Name -  You can write different names to identify the EA.
  • Slippage - The maximum difference when the order is filled at a price that is different to the requested price.

  • ATR Distance Validation - Minimum accepted distance to use the crossing. (You can filter the most intense crosses).
  • Maximum Bars After Cross - The number of bars for the distance to be reached.

  • Close at Opposite Signal - If true, the EA will close the trade at the opposite signal.
  • Close after minutes - If true, the EA will close the trade once a certain period of Minutes has passed.
  • Minutes to close - Period of Minutes used to close the trades.
  • Close at Balance Increment  - If set true, the EA will close the trades after a certain percentage of profit.
  • Increment ( % ) - Percentatge of winings to close the trades.
  • Close at Balance Reduction - If set true, the EA will close the trades after a certain percentatge of losing.
  • Reduction ( % ) - Percentatge of losing to close the trades.
  • Close at Distances - If set true, the EA will place the stoploss, takeprofit, trailing stoploss and break even selected.
  • (ATR) Stoploss - The distance of the StopLoss based on ATR.
  • (ATR) Takeprofit - The distance of the TakeProfit based on ATR.
  • (ATR) TrailingStopLoss - A dynamic Stoploss that follows the price while it goes in the predicted direction, based on ATR.
  • (ATR) Break Even - After certain distance based on ATR the option will move the StopLoss to the entry level.
  • Automatic Lots - If set true, you will use a dynamic lot.
  • Lots every 1000€ - The relation between the balance and lots.
  • Fixed Lot - The Lots will be always the same.
  • [ FILTER DAYS ] - If set true the EA will open orders on specific days (selected true below). If set false will open orders in any day.
  • [ FILTER HOURS ] - If set true the EA will open orders on specific hours (selected below). If set false will open orders in any hour.
  • [ USE CLOSE] - If set true the EA will close orders at specific hour (selected below). If set false won't close orders by hour filter.



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Version 3.0 2020.09.15
Now the Break Even and Trailing Stop Loss option works without the need to initially put a Stop Loss
Version 2.0 2020.09.10
a small adjustment in the closing system for profit.