Price MA Crossover EA MT5
- Experts
- Matthieu Jean Baptiste Wambergue
- Version: 1.0
- Activations: 20
Get the MT4 version here!
Automate your moving averages strategy!
This is the MT5 version of 'Price MA Crossover EA' which is available here.
This EA alerts and/or places orders in the event of crossovers between price and moving averages. Filters can be added by the user. It works with all broker symbols and contains multi-symbol modes (market watch, major forex pairs or symbols in the list).
The default settings are for the GBPUSD pair, but you can change the settings to suit your strategy. For backtests, use ‘only_symbol_on_the_chart' mode for the 'Symbols' parameter .
Warning 1: before using this EA, please read its documentation on this page.
Warning 2: if you have problems installing the EA, update MT5. If you still have problems, contact me in PV.
Functionalities of the EA:
Alerts:
- Detection of crossover between price and moving average (@ current or @ closed bar).
- Possibility to ignore the crossing if a recent crossing has occurred in the last x bars.
- Additional filters (2nd moving average, RSI & pivot points).
- Terminal alerts and smartphone notifs separately customizable for crossing and/or trading alerts.
- Activation/deactivation for each day of the week with start- and end-time.
Trading:
- Lots size in % of current account balance (+ actual profits) or fixed lots.
- Break even, trailing stop and grid system options.
- 1 main order at the time by symbol + max simultaneous orders for multi-symbol modes and/or grid system.
- Possibility of stopping the trading session once the max losses and/or max wins have been reached (account balance + actual profits) during the day.
- Option to close all bot orders before the weekend with the choice of time.
- Max allowed spread and slippage.
- Possibility of reversing the logic of buying and selling for the crossing of price and MA.
- Possibility of closing the order on a reverse crossover. Option to open an order in this new direction or not.
- Auto adjustment of min SL/TP and nearest lot size in case of user’s error.
- Security alert in case of risky money management.
- Possibility of stopping the EA if the maximum drawdown is reached (useful for speeding up optimization backtests).
Other:
- Compatibility to backtests (use ‘only_symbol_on_the_chart' mode).
- Works with any symbol (forex/indices/CFDs/crypto...).
For any questions or suggestions, please leave a comment!
