adjustable moving average ea
Info
The adjustable moving average ea is a Expert Advisor for MetaTrader 4 that 📈 adjustable moving average ea for mt4 this expert advisor trades based on the crossover of two customizable moving averages. it’s designed for traders who want full control over trade direction, entry logic, and risk settings.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Experts folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use adjustable moving average ea
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
📈 adjustable moving average ea for mt4 this expert advisor trades based on the crossover of two customizable moving averages.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 4. Place the file in the MQL4/Experts folder and restart the terminal.
Description & Settings
Related: e-moving in wl2: automated stop loss adjustment - another powerful expert for MetaTrader 4 traders.
📈 adjustable moving average ea for mt4
Also recommended: moving average grid ea - similar expert with strong performance on MetaTrader 4.
this expert advisor trades based on the crossover of two customizable moving averages. it’s designed for traders who want full control over trade direction, entry logic, and risk settings.⚙️ input parameters explained:
fastperiod
: period of the fast moving average.
slowperiod
: period of the slow moving average.
mapricetype
: price used in ma calculation (e.g., close, open, high, low).
sl_points
: stop loss in points. set to 0 to disable.
tp_points
: take profit in points. set to 0 to disable.
trailstoppips
: enables a trailing stop after the trade is in profit.
entrymode
: choose between long-only, short-only, or both directions.
fixedlot
: lot size used for each trade.
maxslippage
: maximum allowed slippage in points.
tradecomment
: adds a comment to each trade for identification in history.
You may also like: moving average and commodity channel index (ma2 cc i) - excellent alternative for expert users on MetaTrader 4.
Source Code
#property copyright "RobotFX"
#property version "1.00"
#property strict
enum ENUM_ENTRY_MODE
{
ENTRY_BUY_ONLY,
ENTRY_SELL_ONLY,
ENTRY_BOTH
};
input group "Strategy Settings".......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.