double ma crossover ea
Info
The double ma crossover ea is a Expert Advisor for MetaTrader 5 that trades only the following symbols:"audcad""audjpy""audnzd""audusd""chfjpy""euraud""eurcad""eurchf""eurgbp""eurjpy""eurusd""gbpchf""gbpjpy""gbpusd""nzdusd""usdcad""usdchf""usdjpy"trailing of open positions. signals of two indicators (moving average, ma).
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Experts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use double ma crossover 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
trades only the following symbols:"audcad""audjpy""audnzd""audusd""chfjpy""euraud""eurcad""eurchf""eurgbp""eurjpy""eurusd""gbpchf""gbpjpy""gbpusd""nzdusd""usdcad""usdchf""usdjpy"trailing of open positions.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 5. Place the file in the MQL5/Experts folder and restart the terminal.
Description & Settings
Related: pro ma crossover ea for mt5 - another powerful expert for MetaTrader 5 traders.
trades only the following symbols:
"audcad"
"audjpy"
"audnzd"
"audusd"
Also recommended: automated trading with price crossover and moving average indicator - similar expert with strong performance on MetaTrader 5.
"chfjpy"
"euraud"
"eurcad"
"eurchf"
"eurgbp"
"eurjpy"
"eurusd"
"gbpchf"
"gbpjpy"
"gbpusd"
"nzdusd"
"usdcad"
"usdchf"
"usdjpy"
trailing of open positions. signals of two indicators (moving average, ma). indicator parameters, such as "averaging period", "horizontal shift", "smoothing type" and "type of price" are available as inputs. therefore, you can test the strategy using a wide range of parameters. the ea trades during a certain period a certain period of the day. it works on every tick, but uses the indicator values on the bar with the "
signal candle
" index.
symbol eurusd, m5, period from 2016.01.01 to 2017.02.28, initial balance 3000:
You may also like: trade signals based on price crossover with moving average, confirmed by adx - excellent alternative for expert users on MetaTrader 5.
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.