TriSMA
- Experts
- Kyōhei Shirahama
- Versione: 1.6
- Attivazioni: 5
Here’s a clear logic explanation and EA introduction in English, formatted in Markdown for easy reading:
📌 EA Introduction: Tri_SMAThe Tri_SMA Expert Advisor (EA) is a trend-following system that uses three Simple Moving Averages (SMA) for entry signals, stop-loss placement, and trade filtering.
It is designed for single-position control, ensuring only one trade is open per symbol at a time.
🔎 Trading Logic
✅ Entry Conditions
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Long (Buy):
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Short SMA is rising ( SMA1 > SMA1_previous ).
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SMA order: SMA1 > SMA2 > SMA3 .
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Price crosses above the short SMA (from below).
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Long SMA is upward-sloping ( SMA3 > SMA3_previous ).
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Short (Sell):
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Short SMA is falling ( SMA1 < SMA1_previous ).
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SMA order: SMA1 < SMA2 < SMA3 .
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Price crosses below the short SMA (from above).
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Long SMA is downward-sloping ( SMA3 < SMA3_previous ).
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📌 Trade Management
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Stop Loss (SL): Placed at the long-term SMA (SMA3).
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Take Profit (TP): Equal to the average candle range of the last 10 bars (based on |Close - Open| ).
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Lot Size: User-defined (default = 0.1).
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Magic Number: Fixed at 1 .
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Entry Rule:
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Only if no position is currently open.
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Only once per bar (no multiple entries on the same candle).
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⚙️ EA Features
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Trend filtering using three SMAs (short, mid, long).
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Dynamic TP based on recent market volatility.
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SMA slope filter ensures entries are aligned with the broader trend.
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Simple and robust logic, suitable for testing and optimization.
📊 Parameters
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Lots: Position size (default 0.1 ).
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Timeframe: Default H1 (can be changed).
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SMA1 (short): 20-period.
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SMA2 (mid): 60-period.
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SMA3 (long): 120-period (used for SL & slope filter).
💡 Summary
The Tri_SMA EA is a straightforward trend-following system that combines:
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Crossover entries,
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Slope confirmation, and
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Volatility-based TP.
It is best suited for traders who prefer clear entry rules, strict risk control, and one-position-at-a-time trading.
Would you like me to also make a short promotional-style version (like for an EA marketplace description), in addition to this detailed explanation?
