Adjustable MA Forex expert advisor


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Adjustable MA Forex expert advisor is a customizable moving average EA that offers flexible tuning of the traditional 2-MA cross strategy. You can set different MA periods, MA types, minimum difference, stop-loss, take-profit, trailing stop and slippage. This expert advisor always opens position on cross and closes it on the next cross.

The back-test of the Adjustable MA MetaTrader expert advisor has shown ~12.2% profit with ~12.6% maximum drawdown during a 6-year period. The used position's volume was set to 0.1 standard lots. The EA made 647 trades, of which 56.41% were profitable. The default settings were used in this back-test on EUR/USD M5 chart. As you can see, the results are not very good. It is not recommended to use this EA on live account.


What are the stop-loss and take-profit used by this EA?

By default it uses fixed stop-loss at 100 pips and take-profit at 70 pips. The trailing stop is turned off by default.
How often does it trade?

On 5-minute EUR/USD chart (the back-test settings) this EA will trade once every day on average.
Any settings other than default can be used?

The limited forward test (which should be more reliable than a back-test) on AUD/USD M5 chart showed some profitable set-up for this expert advisor. These parameters should be changed from default:
  1. StopLoss — 30
  2. TakeProfit — 50
  3. TrailingStop — 20
  4. Period_1 — 50
  5. Period_2 — 10
This EA is ECN-compatible.If you are trading with anECN broker(with market executionfor orders), you cannot set SL/TP on position opening. You have to open a position first without SL/TP and only then modify it, adding stop-loss and/or take-profit level. This EA will do it automatically.

Adjustable MA Forex expert advisor
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