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Mount Average EA

As the name indicates, Mount Average EA is a longterm Expert Advisor that uses the 'Moving Average' as the main indicator in its system. It´s designed for EURUSD on M15 Timeframe and uses different strategies to minimize the drawdown.

This EA does NOT use strategies like martingale, grid, hedging, position averaging, etc.

Already well configured, so it´s easy to set it up as it only has MagicNumber and MoneyManagment for inputs. For MoneyManagment I highly recommend using AutoLotSafeMode.

Caution : This EA will use MagicNumbers from your input up to the following 200 numbers. So watch out to not interfere with your other EAs!


  • MagicNumber - unique identifier for this EA
  • LotManagment - dropdownbox for different Moneymanagmentsystems
    • FixedLot - fixed trading lot
    • AutoLotSafeMode - uses different risk settings depending on account equity, the bigger the account the lower the risk
    • AutoLotLotStep - lotstep per equity
    • AutoLotRiskMode - uses Risk parameter to calculate lotsize according to desired drawdown
  • LotSize - lotsize used if FixedLot selected
  • LotStep - automatic lotsize calculation depending on Lotstep
  • Risk - Sets the percentage of your balance you are willing to lose
  • OrderComment - comment your orders

Link to Live Signal: 

Eric Ruvalcaba
Eric Ruvalcaba 2018.09.18 23:05 

Great developer, very attentive and open to suggestions, bugs are corrected promptly. I must say I am impressed by Backtests and Real results.

--- Read first comment to see real trading comparison to backtests!

--- Updated 2018-11-28 Great Real account results: https://www.mql5.com/en/market/product/30847#!tab=comments&page=3&comment=9525079

--- Updated 2018-12-14 High stability: https://www.mql5.com/en/market/product/30847#!tab=comments&page=3&comment=9891674

*** IMPORTANT: Author signal's DrawDown obeys to a higher risk setting, you can adjust it to your liking (higher and lower) with ease***

Testing conditions include (but not limited):

- 99.9% tick data quality

- Floating variable (non capped) spreads.

- Swaps costs.

- Latency simulations up to 350 ms.

- ECN database.

- Expensive 8 USD per lot per round commissions.

- Realistic market hours execution simulations.


- NO EVIDENCE of any high risk trading method implemented (averaging, gridding, scalping, hedging, etc.).

- 15 years BT with stability above 0.9

- Ret/DD metrics above 50.

- High resemblance to forward trading on backtests.

- High resemblance between control points and tick data backtests.

- Passes time shift anti-cheat tests.

- Passes multimarket data swap anti-cheat tests.

- Passes multiple timeframe robustness tests.


Versión 1.4 2018.12.18
-Fixed compatibility with older builds
Versión 1.3 2018.12.17
-Added RiskMode option for LotSizeManagment
-Fixed SL-Value bug
-Improved H1
-Trades will get identified additionally by OrderComment (besides MagicNumber)
Versión 1.2 2018.09.20
-Added a manual LotStep option for AutoLotManagment
Versión 1.1 2018.09.12
-Fixed Bug where LotSize had influence on TradeExit function
-Added AutoLotManagement
-Added OrderComment Section