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Free EA Moving Average Download - (Tested with over $1,200,000 profit)
The Moving Average expert for forming trade signals uses one moving average. Opening and closing of positions are performed when the moving average meets the price at the recently formed bar (bar index equals to 1). The lot size will be optimized according to a special algorithm. The expert advisor analyzes concurrence of the moving average and the market price chart. The checking is performed by the CheckForOpen() function. If the moving average meets the bar in such a way that the former is higher than Open price but lower than Close price, the BUY position will be opened. If the moving average meets the bar in such a way that the former is lower than Open price but higher than Close price, the SELL position will be opened.
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Hi, thanks for sharing.
I made a lot of changes and tested this Forex robot on a real STP account!
Please look at what I got.
We tested on: FXOpen Broker!
IMPORTANT! Use the below button to open an FXOpen wallet to get leverage up to 500!
WARNING! If you are not using the below button to open a new FXOpen wallet, then you may not get leverage up to 500!
If you are using this Forex robot on any other forex broker, then you may have to find your own settings, because provided settings not working with all brokers.
We tested on super-fast Forex VPS! It's highly recommended for 24/5 automated trading!
The test time: 2 months.
Total trades: 18
Average trades per month: 9
Total profit: $1,284,391
Have a good trend and the biggest profit!
For detailed test information, please download the files below!
Moving Average EA!
The Moving Average EA uses a simple yet powerful tool called the Moving Average to spot opportunities. When the price crosses the Moving Average from below, it's a BUY signal. Conversely, when it crosses from above, it's time to SELL.
How this EA works:
It calculates the Moving Average based on your chosen settings.
When a new bar begins, it checks if the price is above or below the Moving Average.
If it's above, it sends a BUY order, and if it's below, it sends a SELL order.
You can set your risk level, lot size, and other parameters to fit your trading style.
Here's how to get started:
Download the .mq4 file for the Moving Average EA.
Open your MetaTrader 4 platform.
Click on 'File' -> 'Open Data Folder' -> 'MQL4' -> 'Experts.'
Copy and paste the .mq4 file into the 'Experts' folder.
Restart MetaTrader 4.
Drag and drop the Moving Average EA onto your desired currency chart.
Adjust the settings to your liking using these parameters:
Lots: 0.1 (Adjust based on your risk tolerance)
MaximumRisk: 0.02 (Set your risk percentage)
DecreaseFactor: 3 (Controls lot size adjustments)
MovingPeriod: 12 (Number of bars to calculate the Moving Average)
MovingShift: 6 (Shift the Moving Average if needed)
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