Optimized Moving Average and RSI Trend EA with Profit Locking
Info
The Optimized Moving Average and RSI Trend EA with Profit Locking is a Expert Advisor for MetaTrader 4 that this expert advisor (ea) utilizes a combination of moving average trends and rsi signals for entry. The strategy enters trades when the RSI is in overbought or oversold conditions, coupled with price movements above or below the moving average.
Usage
This tool is typically used for trend following strategies across multiple currency pairs.
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 Optimized Moving Average and RSI Trend EA with Profit Locking
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 Expert Advisor (EA) utilizes a combination of Moving Average trends and RSI signals for entry.
Typical Use Case
This Expert Advisor excels in trend following 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.
This Expert Advisor (EA) utilizes a combination of Moving Average trends and RSI signals for entry. The strategy enters trades when the RSI is in overbought or oversold conditions, coupled with price movements above or below the moving average. The EA is designed to always win by closing trades at the earliest available profit, rather than using fixed take-profit targets.Also recommended: moving average grid ea - similar expert with strong performance on MetaTrader 4.
The EA includes inputs for money management and indicator settings.
Version 1 (v1) has been tested on the following currency pairs and timeframes using tick data from 2026.01.01 to 2026.06.30 with an initial deposit of 500.00 and specified spreads:
- EURUSD: Daily, H4, H1, M30, M5 (Spread 4)
- GBPUSD: H1, M30, M5 (Spread 6)
- USDCHF: Daily, H1 (Spread 6)
- USDJPY: H4, M30, M15 (Spread 6)
- AUDUSD: H4, M30 (Spread 5)
- USDCAD: Daily, H4, H1, M30 (Spread 5)
- NZDUSD: Daily, H4, M30, M15, M5 (Spread 6)
- GBPJPY: Daily, H4, H1, M30, M15, M5, M1 (Spread 8)
- USDSGD: Daily, H4, M15 (Spread 8)
- AUDCAD: Daily, H1, M30, M15 (Spread 8)
Additional pairs and timeframes may also be compatible.
Version 1 (v1) may result in trades being open for extended durations, particularly on higher timeframes.
Version 2 (v2) incorporates volume management and higher margin utilization, suggesting the need for high leverage to minimize drawdown.
It is recommended to use this EA with low spread and commission, and to test thoroughly with high-quality historical data.
You may also like: moving average and commodity channel index (ma2 cc i) - excellent alternative for expert users on MetaTrader 4.
Source Code
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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.