Welcome Forex EA downloads & MT4/MT5 auto-trading resources — EAs, Gold EAs, quant tools and real-world automation.
Sign In Sign Up

EMA 6.12 - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources

author EAcpu | 3 reads | 0 comments |

EMA 6.12 - expert for MetaTrader 5

Author of the idea : John Smith , author of the mq5 code : Balabashka Kong .

The Expert Advisor uses the "crossover of two iMAs (Moving Averages, MA)" signal. The EA uses trailing stop loss and take profit. When a buy signal appears, the sell position is closed and vice versa.

Take Profit and Trailing Stop can be set to 0 to turn them off.

Separate parameters should be selected for each symbol. The default parameters of the EA are suitable for EURUSD,H1. result:

EMA 6.12 - expert for MetaTrader 5


Attachment download

📎 ema_6.12.mq5 (14.75 KB)

Source: MQL5 #19546

EMA 6.12 - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 resource usage and screening recommendations

EMA 6.12 - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 resources are MT5 EA related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.

Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.

Verification code Refresh