Matthias Bartels / Vendedor

Introduction This EA uses a simple entry based on a moving average and shows the power of position sizing and money management over entry signals. The trading approach is to grow the account step-by-step reaching a daily trading goal or stopping to trade if the EA exceeds a maximum daily loss.  Define parameters profit target, maximum daily loss, and stop loss to influence the trading results significantly. The EA takes long and short trades and uses neither a grid system nor a Martingale