MA Cross Sample EA - Updated for Modern Trading

MA Cross Sample EA - Updated for Modern Trading
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MA Cross Sample EA - Updated for Modern Trading

Info

The MA Cross Sample EA - Updated for Modern Trading is a Expert Advisor for MetaTrader 4 that this is an updated version of the classic moving average cross expert advisor, now compatible with full and sub-pip accounts. It also includes support for ECN/STP brokers.

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 MA Cross Sample EA - Updated for Modern Trading

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

This is an updated version of the classic Moving Average Cross Expert Advisor, now compatible with full and sub-pip accounts.

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: three neural networks across three different timeframes - another powerful expert for MetaTrader 4 traders.

This is an updated version of the classic Moving Average Cross Expert Advisor, now compatible with full and sub-pip accounts.

Also recommended: cross moving average (ma) trading system - similar expert with strong performance on MetaTrader 4.

It also includes support for ECN/STP brokers.

The EA provides examples for setting specific trading hours.
Additional external parameters have been added for Stop Loss, Magic Number, and Order Comment.

Key Features:
- MA Cross Strategy
- Full/Sub-Pip Account Support
- ECN/STP Broker Compatibility
- Customizable Trading Hours
- Adjustable Stop Loss
- Magic Number and Order Comment Settings

You may also like: 5 8 ma cross expert advisor - excellent alternative for expert users on MetaTrader 4.

Source Code

#property link "https://robotfx.org"
extern string usersettings = "=== user settings ===";
extern int magicnumber = 16384;
extern double lots = 0.01;
extern string yourordercomment = "macd sample 451";
extern string systemsettings = "=== system settings ===";
extern int starthour   = 4;   // gmt 
extern int lasthour    = 19;  // gmt
extern double takeprofitlong = 50.0;     // pip-sensitive
extern double takeprofitshort = 75.0;     // pip-sensitive

.......

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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.
© ROBOTFX Free educational tools by RobotFX. Use entirely at your own risk; we are not liable for any financial losses incurred.