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EA Based on 2 Moving Average MT5 and MT4

MQL5 Esperti Forex Trading robot/indicator debugging Strategy optimization

Specifiche

EA Based on 2 Moving Average 
(MAC EA) 

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 


 DASHBOARD INFO  

Name of EA

------------  

Date = June 26, 2023  

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

------------  

Balance = 100,000 (Sample Only)  

Equity = 101,00 (Sample Only)  

------------  
Profit Amount / Percentage Profit % = 1000$ / 1% (Sample Only) Profit % Balance  
 ------------  

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

-----------  
Moving Averages Signal = Buy or Sell  
----------- 
Open Positions / Lot Size = (Sample ) Buy 0.01 Lots 


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 


 RISK MANAGEMENT SETTINGS  

Position Size Mode - Manual - Default 

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


Initial Lot Size ( If Manual Mode )  - 0.01 - Lots Default   

   

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  


Use Breakeven? - On/OFF  

Breakeven Points - Number of Pips For Break Even  

Breakeven Lock - Locks Breakeven at specified number of pips  

Martingale Options - On / OFF  

Martingale Multiplier - Default 1.26 (Changeable)  

Martingale Max Orders Opened – 0 - Default 

Martingale Step Distance - Number of Pips from Original Entry.. It Will Open another Position of the same trade  

   

INDICATOR SETTINGS AND STRATEGY SETTINGS  

MA 1 - On/OFF  

MA 1 Method - Simple Moving Average  

            - Exponential Moving Average  

MA 1 Apply to  - Close  

               - Open  

               - High   

               - Low  

               - Median Price (HL/2)  

MA 1 Period – 14 - Default 1 (Changeable)  

MA 1 Shift - Default Zero (Changeable)  
-----------------------------  


MA 2 - On/OFF  


MA 2 Method - Simple Moving Average  

            - Exponential Moving Average  

MA 2 Apply to  - Close  

               - Open  

               - High   

               - Low  

               - Median Price (HL/2)  

MA 2 Period – 50 - Default 1 (Changeable)  

MA 2 Shift - Default Zero (Changeable)  


______________________________

Sample Buy






Sample Sell Signal



















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