Trading robot · MT5

MT5 MA Crossover Bot

by LucasMarianoVieira

This MetaTrader 5 expert advisor implements a classic dual moving average crossover strategy.

GitHub stars31
Forks18
Last update9 years ago11 Sep 2017
LicenceNone stated

Overview

MT5 MA Crossover Bot tracks short-term and long-term moving averages, entering a buy position when the faster line crosses above the slower line and a sell position when it crosses below. Upon receiving a new signal, the bot automatically closes the current position before opening the opposite trade. It includes configurable risk parameters for fixed stop loss and take profit levels. The system uses a fixed volume for lot sizing and allows customization of the moving average methods and calculation periods.

Details

Author

LucasMarianoVieira on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Indicator crossover, Trend following

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.

Input parameters

Read from macrossoverbot.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
MAPeriodShortint9
MAPeriodLongint21
MAShiftint0
MAMethodSENUM_MA_METHODMODE_SMA
MAMethodLENUM_MA_METHODMODE_SMA
MAPriceENUM_APPLIED_PRICEPRICE_CLOSE
stopLossdouble0.1
takeProfitdouble0.3
volumeint100

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone LucasMarianoVieira/MT5-MA-Crossover-Bot 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.
  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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