Moving Average Breakout Trend v2

  • Experts
  • Lorenzo Coletta
    Lorenzo Coletta

    Lorenzo Coletta

    Hello Guys. I am an Italian engineer with a passion for trading, and in particular for automatic trading. I love to write programs, scripts, expert advisors or indicators. I am an expert in the mql4 language but I am slowly starting to study the mql5 language as well.
  • Version: 1.0
  • Activations: 5

Hello guys! I want to share with you a very simple but effective expert advisor. As we know, simplicity is often the key to success :) NB: Set the quality of the video on YouTube at 720p

The expert advisor is based on the breaking of a moving average, with the confirmation of the closed candle, and the possibility of adding a trend parameter that confirms the trend and avoiding false signals. Let's see the parameters:


TRADE PARAMETERS:

Candle Shift Signal: this is the main parameter optimize. It indicates the confirmation of a previous candle that the trend is actually reversed. It depends on the market and the timeframe;

MA Period and MA Type: the user can choose the MA type (SMA, MA..) and the period;


POSITION MANAGEMENT:

The EA allows to use both Trailing Stop Loss and Move to BE. If you want to use both, I suggest to calibrate the setting starting the trailing SL when you move SL to BE.


FILTERS:

The EA allows to choose when you want to get the signal to enter in the trade, with an accuracy of hourly precision. It's possible to choose the hour, the day of the week and even the month. Set this parameters on the base of your Back Test.


Below the optimization that I have done on EURUSD H1 (Broker ICMarket, UTC+2). I left the EA trial for 3 months at a very low price, so do your trials and let me know what you think :-) 

In the comment section you can download the .set for EURUSD H1 and the report generated on MT4


Check my other products:

Dynamic Level Volume Profile: https://www.mql5.com/en/market/product/54304

Bollinger Stochastic Reversal: https://www.mql5.com/en/market/product/54076

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BUY 1 and GET 1 FREE - Promotion! Buy Forex GOLD Investor with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $217 (Regular Price: $547 — You Save $330! ) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 3 trading systems . The first one is based on scalping trading strat
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Vladimir Pastushak
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VR Smart Grid is a full-featured Expert Advisor for MetaTrader 4 and MetaTrader 5, built on the classical grid trading strategy. The robot independently opens positions, manages them and closes them in parts, creating an efficient order grid that adapts to changing market conditions. Over 15 years of development, the EA has gone through thousands of variations and tests — it is the result of systematic refinement on real and demo accounts. Set files, demo versions of the product, instructions an
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