Leicester

Trading Strategy

The Leicester expert advisors uses three exponential moving averages to determine entry positions.

  1. Trend Line
  2. Slow Moving Average
  3. Fast Moving Average

Crossovers between the fast moving average and the slow moving average will create sell signals. If prices are below the trend line then only sell positions will be opened. Vice versa for when prices are above the trend line, only buy positions will be opened.

Inputs/Features

  • Candles after cross - Number of candles to wait before open position after signal
  • One trade at a time
  • Fast EMA Value
  • Slow EMA Value
  • Filter (Trend Line) EMA Value
  • Fixed Lot Sizes / % of Balance + % of risk per trade
  • SL
  • TP
  • Trailing SL (TSL Start value in pips when in profit, stop size, step)

Note

I am aware that this EA is fairly new and can be improved (such as not trading when there is no trend) and i may introduce an update to this ea. I highly suggest playing around with the inputs to get your desired results. Test the demo before buying.


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SomaGold is a multi-strategy breakout Expert Advisor for MetaTrader 5, built exclusively for Gold (XAUUSD). One chart, one EA, 32 independent strategies running together as a single diversified portfolio. Live Signal. This is my first published EA on MQL5. To make it accessible at launch, I am using a transparent ramping-price model: Launch price: 100 USD The price increases by 100 USD for every 10 copies sold Early buyers lock in the lowest price for the lifetime of the product. Concept Instead
SomaOil
Andrii Soma
5 (2)
Experts
SomaOil is a multi-strategy breakout Expert Advisor for MetaTrader 5, built exclusively for WTI crude oil (XTIUSD). One chart, one EA, 20 independent strategies running together as a single diversified portfolio. Live Signal. To make it accessible at launch, I am using a transparent ramping-price model: Launch price: 100 USD (48 hours) Starting from Monday the price increases by 100 USD for every 10 copies sold Price increases happen at most once per day, even when more than 10 copies are sold t
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