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

EURUSD 5min SMA50-200 price cross swing EA (EURUSD 5min SMA50-200 price cross swing)

author EAcpu | 2 reads | 0 comments |
I created this simple EA which works like this:
When SMA50 is above SMA200, buy when price breaks above SMA50. When SMA50 is below SMA200, sell when price is below SMA50.

Backtested on EURUSD 5 minute timeframe, SL=75pips, TP=150pips, trailingStartPips=37, trailingStopPips=37, trailingStepPips=1
Noting that using this parameter, the EA can catch large directional moves and make large profits while closing with little loss or breakeven when the market starts to move, I strongly recommend you to conduct a visual backtest of the actual operation of the EA so that you can better understand and develop it according to your needs.
Detailed report for the last 3 months period
Attached picture (click to enlarge)
Click to Enlarge

Name: b.PNG
Size: 32 KB

equity line
Attached picture (click to enlarge)
Click to Enlarge

Name: a.PNG
Size: 8 KB


You are free to download, use and backtest the EA, I tried different timeframes and parameters and this seems to be the most profitable if you have a larger data period to backtest and post your results here (I have only backtested the past 3 months, which is not a lot, but EURUSD has had large directional swings and trading ranges during this time, so it should fairly represent all market conditions).
appendix
[EX4] Price crosses SMA 50 200.ex4 199 KB | 1,487 downloads
b.PNGa.PNGsdas.PNG
b.PNGa.PNGsdas.PNG
b.PNGa.PNGsdas.PNG
b.PNGa.PNGsdas.PNG
b.PNGa.PNGsdas.PNG
b.PNGa.PNGsdas.PNG

Attachment to original post (1)

Verification code Refresh