Adjustable MA Forex Expert Advisor

Variable MA A moving average expert advisor (EA) for forex trading that allows for flexible customization of the conventional 2-MA cross method. You can alter the MA kinds, minimum differences, take-profit, stop-loss, and slippage levels. The position is always opened and closed by this knowledgeable advisor on the cross.

The Adjustable MA’s back-test Over the course of six years, the MetaTrader forex expert adviser has displayed a 12.2% profit with a 12.6% greatest drawdown. Set the volume of the used position to 0.1 standard lots. The 647 transactions the FX EA executed yielded profits of 56.41%. On the EUR/USD M5 mt4 chart, the default settings were used. The test results are not very excellent, as you can see. It is not advised to utilize this forex.

EA Input parameters

Main Parameters

• The first setting period for the moving average is Period_1 (default = 20).
• The second setting period for the moving average is Period_2 (default = 22).
• Moving average(MA) calculation using the indicator method, MA_Method (default = MODE_EMA).
• The minimum difference between the MAs required for a crossing to count is MinDiff (default = 3).
• The stop-loss(SL) distance in pip units, with a default value of 0. Set to 0 to turn off.
• The take-profit(TP) distance in pips is represented by TakeProfit(TP) (default = 0). Set to 0 to turn off.
• the trailing stop value, expressed in chart pip units (default = 0). Set to 0 to turn off.

Money management For EA

• Lots, the volume for entering transactions (by default = 0.1). if UseMM is set to false, used.
• UseMM (default = false) — if true, the entry position size is determined using the money management model based on the available free account margin.
• LotsPer10000 (default = 1) — The number of lots to trade for each $10,000 in free trade margin for the account.

Miscellaneous

• The permitted chart price slippage in pip units is slippage (default = 3).
• OrderCommentary: the commentary for entry positions opened by this EA (by default, “Adjustable MA”).

Recommendations

• This free forex EA should be run 24/5 on a VPS (Reliable and Trusted FOREX VPS – FXVM). 
• low spread ECN account is also advised (Find the Perfect Broker For You Here).