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Modifiable MT5 Moving Average Cross EA

Modifiable Moving Average Cross Expert Advisor

This Expert Advisor (EA) is based on the cross of two moving averages; i.e; “Moving Average 1” and “Moving Average 2”.

    • “Moving Average 1” has to always be greater than “Moving Average 2”. (So that it logically makes sense; unless one is just trying out different stuff).

    • If “Moving Average 2” crosses above “Moving Average 1”, the program will enter a BUY trade.

    • If “Moving Average 2” crosses below “Moving Average 1”, the program will enter a SELL trade.

    • Users are able to define and modify the lot size, take profit and stop loss.

    • Take profit and stop loss are defined in pips.


    This is a very simple to use moving average cross expert advisor that users can configure and optimize different variables to fit their preferences.

    It can run on almost any financial instrument or asset.



    Example of a scenario;

    Using the 9 and 36 moving averages to enter trades on the GBPUSD using the 1 hour timeframe targeting a take profit of 30 pips and a stop loss of 20 pips.


    Currency pair = GBPUSD

    Currency Timeframe/Period = 1 Hour


    • Order Send Parameters

      • Lot Size = 0.01

      • Take Profit = 30

      • Stop Loss = 20


    • Moving Average(s) Settings

      • Moving Average 1 = 36

      • Moving Average 2 = 9

      • Moving Average Shift = 0

      • Moving Average Method = Simple

      • Moving Average Type of Price or Handle = Close Price

    ---

    NB: The EA will apply and use the currency and timeframe based on the chart you place the EA on.


    ---

    More info:

    Website: https://financebeta.com/

    Telegram Channel: https://t.me/FinanceBeta

    Telegram Group Chat: https://t.me/joinchat/KOChvq5dglFmMmQ9

    Twitter: https://twitter.com/FinanceBeta

    Instagram: https://www.instagram.com/financebeta/

    Facebook: https://web.facebook.com/FinanceBeta




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    Automated, highly accurate trading advisor for trading the EURUSD currency pair. Signal:  https://www.mql5.com/en/signals/2129200 Advantages: The advisor uses an intelligent system for closing unprofitable orders. There is a news filter and a trading time filter. It is possible to test the news filter in the tester (to do this, contact me and I will send you the news file required for testing). Requirements: Trading pair: EURUSD Working timeframe: 1H Minimum deposit: $100 Leverage: preferably 1:
    The Last Of It
    Tajammul Hussain
    5 (10)
    The Last Of It: Unleash the Ultimate Forex Trading Powerhouse Prepare to be amazed by the sheer force of "The Last Of It," the crowning jewel in my elite collection of expert advisors. This masterfully crafted EA stands as a testament to cutting-edge trading technology, delivering unparalleled performance across the forex landscape. With "The Last Of It" at the helm of your trading arsenal, you'll harness the full potential of a meticulously engineered strategy that seamlessly navigates the intr
    Nexus EA Forex MT5
    Enrique Enguix
    4.6 (10)
    Why do most EAs not work? Most expert advisors are built on temporary statistical advantages that eventually get exhausted. The problem of over-optimization Another common dilemma lies in the over-optimization of parameters. Many developers fall into the trap of tuning their EAs to achieve perfect results in the past, without understanding that this perfection will not work in the future market. Retail traders do not have access to good conditions Furthermore, everything is built to make
    Goldminer AI MT5
    Ruben Octavio Gonzalez Aviles
    4.32 (28)
    Goldminer AI is a complex and novel algorithm that uses Artificial Intelligence in combination with traditional technical analysis to predict market movements. It features a revolutionary recovery mode that splits each entry into several smaller trades and closes them one by one with profits gained from other trades. Additionally, a new mechanism enables profit maximization through the use of trailing pending orders. This Expert Advisor makes use of Recurrent Neural Networks, specifically Long-S
    Scalper Deriv
    Antonio Simon Del Vecchio
    5 (8)
    Introducing Scalper Deriv: Elevating Your Scalping Experience. Only 5 copies left at $400 Get 1 EA for free (for 2 trade accounts) -> contact me after purchase Setfiles and more   here Are you one of those traders who find their passion in scalping and want to make the most of your capital? Whether you have a balance of $20, $200, $2000, $20000, or even $200000 in your account, we have the perfect solution for you! Introducing Scalper Deriv , the Expert Advisor (EA) designed to enhance your tra
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