MA World
Info
The MA World is a Expert Advisor for MetaTrader 5 that this expert advisor can be applied to various symbols and time frames, employing a crossover strategy of two linear moving averages as the signal and an exponential moving average as the trailing stop. The strategy tester enables you to construct a comprehensive trading system.
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 MA World
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 can be applied to various symbols and time frames, employing a crossover strategy of two linear moving averages as the signal and an exponential moving average as the trailing stop.
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: Real-Time World Index Quotes via WebRequest - another powerful expert for MetaTrader 5 traders.
This expert advisor can be applied to various symbols and time frames, employing a crossover strategy of two linear moving averages as the signal and an exponential moving average as the trailing stop.Also recommended: Exp Color Stoch NR - similar expert with strong performance on MetaTrader 5.
The strategy tester enables you to construct a comprehensive trading system.
The expert's signal is generated by the crossover of two linear moving averages: a fast MA (12) and a slow MA (25).
Deal Execution: Buy/Sell limit orders.
Stop Loss: 95 pips.
Take Profit: 670 pips.
Trailing Stop: Exponential MA (92).
Lot Sizing: 1% of the available free margin.
Optimization was performed on the EURAUD symbol with an H8 time frame (screenshots included). The same parameters can also be applied to the following symbols:
- USDCHF, time frame H6
- AUDCHF, time frame H6
- EURJPY, time frame H12
- CHFJPY, time frame H12
- GBPAUD, time frame H12
- Silver, time frame Daily
Leverage used: 1:100
Backtest period: January 2022 to May 2026
This expert advisor allows you to create a full-fledged trading system. You can experiment with backtesting to identify the optimal parameters for each symbol and time frame.
It is recommended to use time frames higher than H4.
For further guidance on backtesting, refer to the articles 'Creating Custom Criteria of Optimization of Expert Advisors' and 'Guide to Testing and Optimizing Expert Advisors in MQL5'.
You may also like: 3 MA Cross EA - excellent alternative for expert users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#include <expert\expert.mqh>
#include <expert\signal\signalma_simple_crossover.mqh>
#include <expert\trailing\trailingma.mqh>
#include <expert\money\moneyfixedmargin.mqh>
input string expert_title ="ma l world"; // document name
ulong expert_magicnumber =18884; //
bool expert_everytick =false; // .......
⚠ 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.