Simple Mt4 Moving Average Cross Ea
The moving average indicator has 4 different methods of calculation.
Simple mt4 moving average cross ea. The default period setting is 14. Simple moving average ma crossover expert advisor ea for metatrader 4 in mql4. Posted on january 17 2014 in indicators 0.
This is a simple ea that produces good results on certain currency pairs during certain time. The few manuals and guides that discuss the building of an expert advisor tend to use the moving average cross macross as an example. The best way to illustrate how to code up an expert advisor is by example.
Moving average is one of the most popular indicators for forex. Ma crossover alert indicator for mt4. When combined with ma crossover alert indicator it makes a powerful tool.
A buy signal is generated if the faster moving average crosses the slower moving average from below. Moving average is filtering out the noise from random price fluctuations. This ea opens a trade when the short period ma crosses the long period ma.
This ea trades using moving averages crossovers. This ma cross ea allows you to trade simple exponential smoothed and linear weighted moving averages for the fast and slow ma. The ma cross ea ma crossover ea uses two moving average to trade.
You can also choose the applied price for both mas. The trading logic of this forex robot. A simple moving average is calculated on the average of the desired closed price of each candle.
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