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Adjustable MA Expert Advisor
Adjustable MA Forex expert advisor is a customizable moving
average EA that offers flexible tuning of the traditional 2-MA cross strategy.
You can set different MA periods, MA types, minimum difference, stop-loss,
take-profit, trailing stop and slippage. This expert advisor always opens
position on cross and closes it on the next cross.
The back-test of the Adjustable MA MetaTrader expert advisor
on the 1-year period showed ~19.5% profit with ~10% maximum drawdown. The used
position's volume was set to 0.1 standard lots. The EA made 248 trades, of which
60.48% of the positions were profitable. The default settings were used in this
back-test on EUR/USD M5 chart.
MiniFAQ
What are the stop-loss and take-profit used by this EA?
By default it uses fixed stop-loss at 100 pips and take-profit at 70 pips. The
trailing stop is turned off by default.
How often does it trade?
On 5-minute EUR/USD chart (the back-test settings) this EA will trade
once every day on average.
Any settings other than default can be used?
The limited forward test (which should be more reliable than a back-test) on
AUD/USD M5 chart showed some profitable set-up for this expert advisor. These
parameters should be changed from default:
- StopLoss — 30
- TakeProfit — 50
- TrailingStop — 20
- Period_1 — 50
- Period_2 — 10
Downloads
Download Adjustable MA expert advisor for MetaTrader 4
Download zipped Adjustable MA expert advisor for MetaTrader 4
Download Otkat Adjustable MA advisor for MetaTrader 5
Download zipped Adjustable MA expert advisor for MetaTrader 5
Discussion
Warning! Before you ask any basic questions regarding installation of
the expert advisors, please, read this
MT4 Expert Advisors Tutorial
to get the elementary knowledge on handling them.
Do you have your own trading results or any other remarks regarding this
expert advisor? Discuss Adjustable MA with other traders and MQL programmers on the experts forums.
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