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Re: Various Expert Advisors (EA's) for MT4

Darks, Thu Oct 08, 2020 8:24 pm

Made an expert to simply check what a moving average strategy could do in long term. It buys and sell with the trend as price touches the signal line.
It has the following parameters;

Stop loss multiplier - multiplier for ATR based stop loss.
Take profit multiplier - multiplier for ATR based Take profit.
ATR trailing stop/trigger factor - multiplier for ATR based Trailing stop and when to trigger trailing stop.
Range check multiplier - checks if the price hasn't gone too far because it wont make much sense to take trades if price has already completed its range.
Order size - lots to trade.
Trade comment
Magic number

Attached images shows results(back test on Open prices only) on EURUSD from 8-10-2017 to tilldate.
Please note that I only built this expert to check a simple strategy and build confidence for what kind of volatility based SL & TP could work in long term. So if any one wants to use it please do thorough testing on demo account as it has not been forward tested. It is made specifically for one hour time frame.

Sharing the files. Please put the indicator ma(on ma) in "Examples" folder.
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