This MetaTrader 4 expert advisor functions as an automated trading robot using the Average Directional Index (ADX) to identify trend strength and direction. It executes trades based on ADX crossovers and specific level thresholds. The EA provides essential risk management tools, including stop loss, take profit, and a
Trading robot · MT4
Two MA Crossover
This MetaTrader 4 expert advisor executes trades based on the crossover of two moving average indicators.
GitHub stars1
Forks0
Last update6 years ago28 Feb 2020
LicenceNone stated
Overview
Two MA Crossover initiates buy positions when the fast moving average crosses above the slow moving average, provided both indicators are trending upward, and opens sell positions on downward crossovers. The robot manages exits through either fixed take profit and stop loss levels or by closing current positions when a new opposite entry signal occurs. It supports customizable periods for both indicators and basic risk management through adjustable lot sizes. The repository lacks a README file.
- Dual moving average crossover logic
- Toggleable signal-based exit strategy
- Customizable fast and slow MA periods
- Fixed stop loss and take profit protection
Details
Author
uzzalhcse on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
Indicator crossover
Markets
Any symbol
Timeframes
M1-M5, M15-H1, H4 and above
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 EA-2MACrossover_v1-0.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
LotSize | double | 0.1 | Position size |
UseEntryToExit | bool | true | Use next entry to close the trade (if false uses take profit) |
StopLoss | double | 20 | Stop loss in pips |
TakeProfit | double | 50 | Take profit in pips |
Slippage | int | 2 | Slippage in pips |
TradeEnabled | bool | true | Enable trade |
MAFastPeriod | int | 10 | Fast moving average period |
MASlowPeriod | int | 25 | Slow moving average period |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone uzzalhcse/mql4 from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
- 3Copy the filesCopy the .mq4 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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