Adjustable MA Fx EA Download Free

The Adjustable MA MetaTrader forex expert advisor's back-testing over a six-year period revealed a 12.2% profit with a 12.6% maximum 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%. For the EUR/USD M5 mt4 chart, the default settings were used. The test results are not very excellent, as you can see. Using this forex EA on a live account is not advised.

The basic 2-MA cross technique can be easily tuned using the moving average expert advisor (EA) known as Adjustable MA Forex. 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.

EA Input settings - Principal 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). Turn off by setting to 0.
• the trailing stop amount in chart pip units (default: 0). By setting to 0, turn off.

Example: Figure 1.

Monetary 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, expressed in pip units, is = Slippage (default = 3).
• OrderCommentary is the commentary for entry positions opened by this EA and is = by default set to "Adjustable MA."

Example: Figure 2.

This EA is compatible with ECN.

You cannot set SL/TP on position opening when trading with an ECN broker (with market execution for orders). To add stop-loss and take-profit levels to a position, you must first open it without them. Always, this EA will carry out the task for you.

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