Get the MT5 version here !Automate your moving averages strategy!
This EA alerts and/or places orders on moving averages crossovers with additional filters. It works with all broker symbols and contains multi-symbol modes (market watch, major forex pairs or symbols in the list).
The default settings are for the EURUSD pair , but you can change the settings to suit your strategy. For backtests, use ‘only_symbol_on_the_chart' mode for the ' Symbols' parameter .Warning: before using this EA, please read its documentation on this page .
Functionalities of the EA:
Alerts:
- 2 moving averages crossing detection (@ current or @ closed bar).
- Possibility to ignore the crossing if a recent crossing has occurred in the last x bars.
- Additional filters (3rd moving average, RSI & pivot points).
- Terminal alerts and smartphone notifs separately customizable for crossing and/or trading alerts.
- Activation/deactivation for each day of the week with start- and end-time.
Trading:
- Lots size in % of current account balance (+ actual profits) or fixed lots.
- Break even, trailing stop and grid system options.
- 1 main order at the time by symbol + max simultaneous orders for multi-symbol modes.
- Possibility to stop the trading session once the max losses and/or max wins have been reached (account balance + actual profits) during the day.
- Option to close all bot orders before the weekend with the choice of time.
- Max allowed spread and slippage.
- Possibility to reverse the logic of buying and selling for the crossing of 2 MA.
- Possibility to close the order on a reverse crossover. Option to open an order in this new direction or not.
- Possibility to close the order when the price returns below/above the chosen moving average.
- Auto adjustment of min SL/TP and nearest lot size in case of user’s error.
- Security alert in case of risky money management.
Other:
- All bot’s orders are saved into a .csv file to analyze the bot’s results separately.
- Compatibility to backtests (use ‘only_symbol_on_the_chart' mode).
- Works with any symbol (forex/indices/CFDs/crypto...).
For any questions or suggestions, please leave a comment!
See my other products here .