Collection · MT5

Custom Symbol Moving Average Collection

by 9nix6

This MetaTrader 5 collection features several versions of the classic Moving Average expert advisor, modified specifically for trading on custom symbols.

GitHub stars8
Forks6
Last update5 years ago13 May 2021
LicenceGPL-3.0

Overview

Custom Symbol Moving Average Collection includes helper functions to ensure data readiness for synthetic instruments or imported data series. The included strategies execute trades based on moving average crossovers and manage risk using a dynamic lot sizing system. This system calculates volume based on a percentage of free margin and includes a factor to decrease trade sizes after losses. The repository serves as an educational resource for adapting standard algorithmic logic to unique symbol types.

Details

Author

9nix6 on GitHub

Type

Collection

Platform

MetaTrader 5 (MQL5)

Strategy

Indicator crossover, Trend following

Markets

Any symbol

Timeframes

Any timeframe

Risk profile

  • Trades without a fixed stop loss

Input parameters

Read from Moving Average Trade Tracker.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
MaximumRiskdouble0.02Maximum Risk in percentage
DecreaseFactordouble3Descrease factor
MovingPeriodint12Moving Average period
MovingShiftint6Moving Average shift

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone 9nix6/MT5_EA_for_Custom_Symbols from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
  3. 3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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