Expert Advisors • Indicators • Scripts • Libraries

MQL.RobotFX.org is the biggest collection of MetaTrader expert advisors (MT5 & MT4), indicators, scripts and libraries that can be used to improve trading results, minimize risks or simply automate trading tasks

MetaTrader 5 Expert Advisor | Moving Average Trade System

Author of the idea — Yuri, author of the MQL5 code — barabashkakvn.   

The strategy is based on Moving Averages with the periods of 5/20/40/60.

The algorithm of the trading strategy:
1. Building four SMAs (Simple Moving Average) with the periods of 5/20/40/60;
2. Work in М30, symbol EUR/USD, lots 0,1;
3. STOP LOSS: 60п. (EUR/USD)

Buy:
1. SMA40 crosses SMA60 from bottom up;
2. Close at the reverse crossing.

Sell:
1. SMA40 crosses SMA60 from top down;

2. Close at the reverse crossing.

Results in EURUSD, M30:

MetaTrader Experts, Indicators, Scripts and Libraries 

17400

Best MetaTrader Indicators + Profitable Expert Advisors