MechaPip MA Cross
- Experts
- Jesse Phipps
- Version: 1.2
- Updated: 26 October 2021
- Activations: 5
This EA trades using a two moving average cross, a popular strategy among traders.
Buys when "FastMA" crosses to greater than "SlowMA".
Sells when "FastMA" crosses to less than "SlowMA".
Parameters:
- "MagicNumber" , trade identifier number used by EA for opening and closing trades.
- "AutoMoneyManagement" , determines if EA automatically calculates lots based on risk percent.
- "RiskPercent" , percent to risk if "AutoMoneyManagement "is "true".
- "Lots" , amount of lots to trade if "AutoMoneyManagement" is "false".
- "TakeProfit", take profit amount in points.
- "StopLoss" , stoploss amount in points.
- "FastMAPeriod" , amount of bars to use for the fast average.
- "SlowMAPeriod" , amount of bars to use for the slow average.
- "FastMAPrice" , price used in calculating fast average i.e open, close, etc.
- "SlowMAPrice" , price used in calculating slow average i.e open, close, etc.
- "FastMAMethod" , method used in calculating fast average i.e simple, exponential, etc.
- "SlowMAMethod" , method used in calculating slow average i.e simple, exponential, etc.
- "UseClose" , determines if EA closes trade on opposite signals
(Using your own Back testing is recommended)