Moving Average Crossover EA utilizes a fast Exponential Moving Average and a slow Exponential Moving Average for entry signals, with a longer-period Simple Moving Average acting as a trend filter. The robot includes an optional RSI filter to manage entries during overbought or oversold conditions. Risk management features allow for fixed lot sizing or leverage-based allocation. Trades are managed with stop loss and take profit levels, which can be set in pips or account percentage, and an option to close on opposite signals. The repository contains no documentation.
Read from MovingAverageCrossover.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
InpLeverageUtil
double
0.05
leverage utilization
InpCloseSignal
bool
true
close trades by opposite signal
InpStopLossType
EntryExitType
Fixed
stop loss type
InpTakeProfitType
EntryExitType
Fixed
take profit type
InpStopLossPercent
double
1.0
stop loss in %
InpTakeProfitPercent
double
2.0
take profit in %
InpStopLossPips
int
0
stop loss in pips (0 = off)
InpTakeProfitPips
int
100
take profit in pips (0 = off)
InpFastEmaPeriod
int
24
fast ema period
InpSlowEmaPeriod
int
48
slow ema period
InpSmaPeriod
int
240
sma period
InpUseRsiFilter
bool
false
use rsi filter
Show all 16 inputs
Name
Type
Default
Description
InpRsiTimeframe
ENUM_TIMEFRAMES
PERIOD_H1
rsi timeframe
InpRsiPeriod
int
14
rsi period
InpRsiUpperLevel
int
75
rsi upper level
InpRsiLowerLevel
int
25
rsi lower level
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone meta-fx/MQL5-Expert-Advisor from GitHub, and unzip it.
2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
3Copy the filesCopy the .mq5 file into Experts.
4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
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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