EA Based on 2 Moving Average MT5 and MT4

STRATEGY ( MT5 and MT4 ) 

• Needs Moving Average Cross for the Direction Signal 
• Moving Average 14 Moving Average 50 
• If MA 14 is ABOVE MA 50 We have a BUY signal, BUT NOT OPENING POSITION YET !!! 
• Open BUY On MA50 Touch 
• If MA 14 is BELOW MA 50 We have a SELL signal, BUT NOT OPENING POSITION YET !!! 
• Open SELL On MA50 Touch 
• Stop Loss (SL) is Amount Based/ % Risk Based/ Manual Pips Input Based 
• Take Profit (TP) is on the nearest previous swing high for buy positions and nearest wing low for sell positions 

FEATURES 

• Will Open Only 1 position Always, Will not Open a position if the current position is open. 
• Will Send Alert, Notifications on MA Cross Buy or Sell 
• Will Send Alert , Notification on Opening Position 
• Will Send Alert, Notification on TP and SL 
• Basic Dashboard Info 
• Will Provide Source Code for Future Updates 

Name of EA

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Date = June 26, 2023  

Time = 8:00 AM ( GMT+9) / Server Time   

Balance = 100,000 (Sample Only)  

Equity = 101,00 (Sample Only)  

Loss Amount / Percentage Loss % Loss  = 0$ / 0% (Sample Only) Loss % Balance  

GENERAL SETTINGS  

• Magic Number -  
• Comment -  
• Show Dashboard - Yes / No  
• Mobile Alerts/ Notification  MA Cross - On/ Off  
•        - Alerts if MA Cross Buy 
•        - Alerts if MA Cross Sell 
• Mobile Alerts/ Notifications  Opened Position - On/ Off 
•        - Alerts if Opened Buy Position 
•        - Alerts if Opened Sell Position
• Mobile Alerts/ Notifications Take Profit and SL - On/ Off  
•        - Alerts if Take Profit and SL 

Position Size Mode - Manual - Default 

• Autolots ( Computation is Amount Capital x 0.00004 = Lot Size [Example $250 x 0.00004 = 0.01 lots] )
• % Risk               

TAKE PROFIT SETTINGS  

• TAKE PROFIT MODES=  
• Recent Swing High for Buy / Swing Low for Sell 
• Manual (Pips Based )-  ( Manual Input - Example Close Positions at 100 Pips TP)  

STOP LOSS SETTINGS  

• STOP LOSS MODES =  
• Amount Based ( For Example , For every open Trade, Stop Loss Amount is $25, EA will autocompute how many pips is $25 Stop Loss  , EA will close position if $25 Amount of Stop loss is reached ) 
•         Manual Set Number of Pips 

TRAIL AND BREAKEVEN SETTINGS  

• Trailing Options - Trails starts at specified Number of Pips  
• Trail Distance - Trails every user input number of pips -example at 50 pips gain.. trail will move 5 pips as  the pips movement goes higher  

MA 2 - On/OFF  

MA 2 Shift - Default Zero (Changeable)  

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Sample Buy

Sample Sell Signal