Market / MetaTrader 5 / Experts /

Leicester

50 USD

Demo downloaded: 29

Published: 28 September 2021

Current version: 1.0

Leicester

Experts
Cheong Lester
Version: 1.0
Activations: 5

Trading Strategy

The Leicester expert advisors uses three exponential moving averages to determine entry positions.

Trend Line
Slow Moving Average
Fast Moving Average

Crossovers between the fast moving average and the slow moving average will create sell signals. If prices are below the trend line then only sell positions will be opened. Vice versa for when prices are above the trend line, only buy positions will be opened.

Inputs/Features

Candles after cross - Number of candles to wait before open position after signal
One trade at a time
Fast EMA Value
Slow EMA Value
Filter (Trend Line) EMA Value
Fixed Lot Sizes / % of Balance + % of risk per trade
SL
TP
Trailing SL (TSL Start value in pips when in profit, stop size, step)

Note

I am aware that this EA is fairly new and can be improved (such as not trading when there is no trend) and i may introduce an update to this ea. I highly suggest playing around with the inputs to get your desired results. Test the demo before buying.

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