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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