Fresh MQL5 code release – perfect for enhancing your MT4/MT5 strategies.
MA Crossover EA — an expert advisor based on the crossover of moving averages
The expert advisor opens trades when two moving averages (Fast and Slow) cross. It works on any instrument and timeframe.
Features:
Never miss news-driven moves – use the News OCO Expert Advisor to place pending orders safely around economic releases. Find out more.
- Opens a BUY trade when the Fast MA crosses from bottom to top
- Opens a SELL position when the Fast MA crosses from top to bottom
- Setting Stop Loss and Take Profit
- Only one position at a time
- Trading only on a new bar (optional)
- Customisable parameters
Parameters:
- Lot — lot size
- FastMAPeriod, SlowMAPeriod — MA periods
- StopLoss, TakeProfit — levels in pips
- MagicNumber — magic number
- TradeOnNewBar — trade only on bar close
Recommendations:
Before using this expert advisor on a live account, test it in the Strategy Tester and optimise the parameters for your specific instrument.
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