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REGISTER PARTICIPANTS Expert Average Powerful Mt4

Discussion in 'Forex Market MQL5' started by Emma McNeill, Oct 3, 2020.

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  1. Emma McNeill

    Emma McNeill Moderator
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    #averagepowerful

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    Expert Advisor trend follower!

    The EA was developed using a trading strategy with three moving averages.

    Strategy
    • Operations open at the intersection of the middle exponential.
    • Crossing the fast average above the slow open Order Buy.
    • Crossing the fast average down the slow open Order Sell.
    • The simple average is used as Stop Loss Security if the price goes back the opposite direction and touches the average, the deal is automatically terminated.
    Inputs
    • Periods slow exponential average: number of bars used for the indicator calculations. By default, uses 20 periods for slow exponential average.
    • Periods fast exponential average: number of bars used for the indicator calculations. By default, uses 10 periods for fast exponential average.
    • Periods for simple average: number of bars used for the indicator calculations. By default, uses 30 periods for simple average.
    • Target: by default, uses 50 pips profit.
    • Stop: uses a standard 100 pips as security for the Stop order.
    • Lots: uses standard batch of 4, you can adjust as your available margin.

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