Atrion Skyline Trading EA

Atrion Skyline Trading EA

Overview

An automated trading system (Expert Advisor) for MetaTrader 5.
It combines a moving average (MA) based entry condition with a trailing stop mechanism derived from the Average True Range (ATR).
The EA is intended as an example of how a moving average signal can be combined with a volatility-based stop management method.

Operation Logic

Entry Signal (Moving Average):

  • A configurable Moving Average is used as the entry condition.

  • Buy and Sell decisions are based on the direction of the MA and the applied price.

  • Parameters such as period, method (SMA, EMA, SMMA, LWMA), and applied price (close, open, median, etc.) are adjustable.

Trade Management:

  • The EA does not include advanced position sizing models.

  • Trades are opened with a fixed lot size determined by the broker or the user.

ATR Trailing Stop:

  • Stop Loss is updated dynamically according to market volatility.

  • The trailing distance is calculated as ATR × Multiplier.

  • For Buy positions, SL is placed below the current Bid.

  • For Sell positions, SL is placed above the current Ask.

  • The Stop Loss is modified only if the new level is more favorable than the previous one.

    Signals

    • Buy: When the MA condition points upward.

    • Sell: When the MA condition points downward.

    • Trailing Stop:

      • Buy → SL = Current Bid − ATR × Multiplier

      • Sell → SL = Current Ask + ATR × Multiplier

    Application

    • Markets: Can be applied to forex, commodities, indices, or crypto instruments.

    • Timeframes: Works on any timeframe.

    • Style: The EA uses a trend-following entry combined with volatility-based stop management.

    Installation Guide

    1. Copy the file ExpertMAATR.ex5 into MQL5 → Experts.

    2. Restart MetaTrader 5 or refresh the Navigator panel.

    3. Open a chart and attach the EA.

    4. Enable Algo Trading in MT5.

    5. Configure input parameters as required.


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    MQL TOOLS SL
    4.94 (34)
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    Taner Altinsoy
    5 (1)
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    Lo Thi Mai Loan
    5 (5)
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    MQL TOOLS SL
    4 (16)
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    MQL TOOLS SL
    3.89 (18)
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    Mad Turtle
    Gennady Sergienko
    4.47 (117)
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    Stanislav Tomilov
    4.96 (45)
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    Valeriia Mishchenko
    4.13 (40)
    8+ years of live track record with +12,000% account growth: Live performance MT 4 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make profit Supported cu
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    Magma Software Solutions UG
    4.57 (28)
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