Trading robot · MT4

MA Crossover EA MT4

by immy2good

This MetaTrader 4 expert advisor implements a moving average crossover strategy for automated trading.

GitHub stars1
Forks0
Last update2 years ago14 Sep 2024
LicenceMIT

Overview

MA Crossover EA MT4 identifies entry points when price or technical indicators intersect and can exit positions when an opposite signal occurs. The EA provides trade management features, including traditional and virtual stop loss and take profit settings, trailing stops, and break-even functionality. Risk control is handled via multiple money management methods, such as fixed lots or percentage-based scaling. It also supports time-restricted trading and limits the maximum number of open trades.

Details

Author

immy2good on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4)

Strategy

Indicator crossover

Markets

Any symbol

Timeframes

Any timeframe

Risk profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

EA files

Input parameters

Read from macross_ea.mq4. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
symbolstringNULL
timeframeint0
lotsizedouble0.1
stoplossint0
takeprofitint0
virtual_slint0
virtual_tpint0
max_slippageint50
order_commentstring
order_magicint12345
order_expireint0
market_execboolfalse
Show all 40 inputs
NameTypeDefaultDescription
money_managementMMMM_FIXED_LOT
mm1_riskdouble0.05
mm2_lotsdouble0.1
mm2_perdouble1000
mm3_riskdouble50
mm4_riskdouble50
breakeven_thresholdint500
breakeven_plusint0
trail_valueint20
trail_thresholdint500
trail_stepint20
exit_opposite_signalbooltrue
maxtradesint1
entry_new_barbooltrue
wait_next_bar_on_loadbooltrue
arrow_color_longcolorclrGreen
arrow_color_shortcolorclrRed
long_allowedbooltrue
short_allowedbooltrue
start_time_hourint22
start_time_minuteint0
end_time_hourint22
end_time_minuteint0
gmtint0
ma1_periodint14
ma1_shiftint0
ma1_methodENUM_MA_METHODMODE_SMA
ma1_priceENUM_APPLIED_PRICEPRICE_CLOSE

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone immy2good/ma-crossover-ea-MT4 from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
  3. 3Copy the filesCopy the .mq4 file into Experts.
  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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