Simple FX - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources

The author of the idea - Glenn Bacon , the author of the mq5 code - Balabashka Kong .

The Expert Advisor is based on moving average crossovers.

Simple FX EA automates Forex trading using moving averages.
MA has customizable periods, methods and types. Order settings (lot size, slippage and magic number) can also be changed. The EA trades on any pair . The best results are shown in D1 .

The latest Simple FX version is simplefx2.mq4. It has the following changes:

EAa is very simple. When the Bearish MA is above the Bullish MA, the trend is considered bullish. The EA closes the sell order (if any) and opens the buy order. When the Bearish MA is below the Bullish MA, the trend is considered bearish. The EA closes its buy order (if any) and opens a sell order. Therefore, the EA still slides in the market according to bullish and bearish trends.

Stop_Loss and Take_Profit variables are optional, which means that their values ​​can be left at zero without affecting the EA operation. You can change them if you want more control over the EA. For example, if you set Take_Profit to 20, the EA will open a position with a Take Profit of 20 pips.

Attachment download

📎 simple_fx.mq5 (37.23 KB)

Source: MQL5 #16877