TrendCrossover EA

Product Description: Crossover Strategy EA with Fixed Take Profit and Stop Loss

This Expert Advisor (EA) is designed to automate trading based on a Moving Average (MA) Crossover Strategy with fixed take profit and stop loss levels. It is ideal for traders who want a systematic and disciplined approach to trading, eliminating emotional decision-making and ensuring consistent execution of trades.

Key Features

1. Moving Average Crossover Strategy:

   • The EA uses two moving averages (fast and slow) to identify potential buy and sell signals.

   • A bullish crossover (fast MA crosses above slow MA) triggers a buy order.

   • A bearish crossover (fast MA crosses below slow MA) triggers a sell order.

2. RSI Filter:

   • The EA incorporates the Relative Strength Index (RSI) to filter out weak signals.

   • Buy signals are only executed if the RSI is above 50 (indicating bullish momentum).

   • Sell signals are only executed if the RSI is below 50 (indicating bearish momentum).

3. Fixed Take Profit and Stop Loss:

   • The EA allows you to set fixed take profit and stop loss levels in pips, ensuring risk management is always in place.

4. Trailing Stop:

   • A trailing stop feature is included to lock in profits as the trade moves in your favor.

5. Equity-Based Stop:

   • The EA automatically stops trading if the account equity triples, protecting your profits and preventing over-trading.

6. Flexible Lot Size:

   • You can customize the lot size for each trade, ensuring it aligns with your risk tolerance and account size.

7. Magic Number:

   • Each trade is tagged with a unique magic number, allowing the EA to manage its trades independently, even if other EAs or manual trades are running on the same account.

8. New Bar Detection:

   • The EA only checks for new trades at the start of a new candlestick, preventing multiple entries within the same bar.

Advantages

• Automated Trading: The EA eliminates the need for manual intervention, allowing you to trade 24/5 without monitoring the markets.

• Risk Management: Fixed stop loss and take profit levels ensure that your risk is controlled, while the trailing stop locks in profits.

• Customizable: You can adjust the MA periods, lot size, take profit, stop loss, and other parameters to suit your trading style.

• RSI Filter: Adds an extra layer of confirmation, reducing false signals and improving trade accuracy.

• Equity Protection: The EA stops trading once your equity triples, safeguarding your profits.

Input Parameters

How It Works

1. The EA monitors the market for a crossover between the fast and slow moving averages.

2. If a crossover is detected, it checks the RSI to confirm the signal.

3. A trade is opened with the specified lot size, stop loss, and take profit levels.

4. The trailing stop is activated once the trade moves in your favor.

5. The EA stops trading if the account equity triples, ensuring profits are locked in.

Why Choose This EA?

• Simplicity: Easy to set up and use, even for beginners.

• Reliability: Built with robust risk management features to protect your capital.

• Flexibility: Customizable parameters allow you to adapt the EA to different market conditions.

• Consistency: Automates a proven crossover strategy, ensuring disciplined trading.

Ideal For

• Traders looking for a fully automated solution.

• Those who prefer a systematic approach to trading.

• Beginners and experienced traders alike who want to save time and reduce emotional trading.

Get Started Today

Download the EA, attach it to your chart, and let it handle the trading for you. With its advanced features and customizable settings, this EA is a powerful tool for achieving consistent results in the forex market.