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Simple moving average (MA) crossover Expert Advisor (EA) for Metatrader 4, in MQL4.
This EA 购买适用于MetaTrader 4 / MetaTrader 5的外汇EA opens a trade when the short period MA crosses the long period MA. Stop loss and target profit are set according to user-configurable parameters.
This is a simple EA that produces good results on certain currency pairs, during certain time periods.
Install Metatrader 4 on Windows or on Mac using PlayOnMac. This EA only works on MetaTrader 4, NOT MetaTrader 5.
Clone this repository in C:\Program Files\Metatrader 4\Expert Advisors\MQL4\Expert Advisors\Experts in Windows, or the equivalent on Mac.
Open MetaEditor (the part 购买适用于MetaTrader 4 / MetaTrader 5的外汇EA of Metatrader that allows you to create and edit Expert Advisors). In the Navigator panel in the left sidebar, open MQL4\Experts\ma_cross_ea\MA_Cross.mq4 . Click 购买适用于MetaTrader 4 / MetaTrader 5的外汇EA on "Compile" in the toolbar to compile it.
Open MetaTrader (the trading terminal). In the Navigator panel in the left sidebar, browse to Expert Advisors > ma_cross_ea > MA_Cross. Drag the MA_Cross icon to the currency 购买适用于MetaTrader 4 / MetaTrader 5的外汇EA you want to do auto-trading with, e.g. "EUR/USD".
A configuration dialog will open where you can configure the EA's parameters such as:
- ShortMaPeriod: Period for the faster MA. This MA will cause the EA to buy or sell when it crosses the slower MA.
- LongMaPeriod: Period for the slower MA.
- StopLoss: Stop loss 购买适用于MetaTrader 4 / MetaTrader 5的外汇EA price from trade entry price, in pips.
- TakeProfit: Take profit price from trade entry price, in pips.
- Lots: Number of lots per trade.
Backtesting can be done using MetaTrader's "Strategy Tester" function, 购买适用于MetaTrader 4 / MetaTrader 5的外汇EA accessed through main menu View > Strategy Tester .
The testing results for a similar EA, on the EUR/USD currency pair, can be seen here: https://youtu.be/DHFfsjFaIgU
I am not responsible for any losses you sustain while using this Expert Advisor. Trade with caution!
Simple moving average crossover Expert Advisor for Metatrader 4, in MQL4.
MQL4 Source Codes of Expert Advisors for MetaTrader 4
Various applications to automate analysis and trading are available in the 'Expert Advisors' section. It features various applications based on different trading algorithms and provides different degrees of automation. You can find simple EAs and complex trading robots that can fully automate analysis and trading processes.
These applications can be downloaded and run in 购买适用于MetaTrader 4 / MetaTrader 5的外汇EA MetaTrader 4. It is recommended to test and optimize Expert Advisors in the Strategy tester. The Expert Advisors from the library can be accessed 购买适用于MetaTrader 4 / MetaTrader 5的外汇EA from the MetaTrader 4 platform and the MetaEditor development environment.
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Moving Average (MA) Crossover EA - expert for MetaTrader 购买适用于MetaTrader 4 / MetaTrader 5的外汇EA 4
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This is an EA 购买适用于MetaTrader 4 / MetaTrader 5的外汇EA based on average crossover.
Plotting Shaded triangle
This is a simple code to draw triangle on chart connecting open and close of different candles.