Optimize single Moving average trading – indicator MetaTrader 4

This code is following the idea of MA Profit, except that it is using a single Moving Average instead of the cross moving average system.

Using only a single moving average speeds up optimization, it can check all moving averages between 10 and 1000 in nearly no time.

Trading with single moving average gives three signals. Usually it works with large moving averages like 150 or even 500 or more.

1. The curve is below the candles – buy
2. The curve is above the candles – sell
3. the curve is horizontal and many times crossing the candles – close positions and wait

By switching the period everything is re-calculated, you can check if different time frames (minute, hour, day and so on) show the same signal. Usually a signal is stronger if displayed by by multiple time frames. Also you can switch to lower time frame in order to find an entry point into a long or short trade.

The indicator draws 4 kinds of triangles

1. Red with thick border: short trade with win
2. Red with thin border: short trade lost
3. Green with thick border: Long trade in win
4. Green with thin border: Long trade lost
   

If a new signal is available the indicator can display an alert or use voice output. In this case you need the speak.dll, for example from

The indicator dispays the status and the number for good and wrong signals in its status line.

The optimization can be in two modes:

1. Simulated trading. The best moving average is the one which gave the best profit
2. Counting intersections between candles. The less time the curve and the candles hit each other the better the moving average is.

Parameters: (look source code also)

Moving average trading gives some very good signal but also a lot of false signals. I am currently seeking more ideas of filtering the false signal in order to publish my moving average expert advisor.

Plese use at your own risk!