Lavika EURGBP/EURUSD - MetaTrader 5 Expert - MT4/MT5 Resources
The Expert Advisor uses four iMA (Moving Average, MA) indicators from two time frames. Two indicators with an average period of 1 and 8 are created on the H1 time frame, and two indicators with an average period of 1 and 8 are also created on the H4 time frame.
You can set stop loss, take profit and trailing stop loss in Expert Advisor. Any of these parameters can be turned off (just set the value of the selected parameter to "0").
Lots can be permanent ( money management is set to constant lot size and asks the value of "money management" for large sizes) and dynamic - trading risk percentage ( money management is set to trade risk percentage and sets the value of "money management" for risk percentage).
Attachment download
📎 lavika100.mq5 (83.46 KB)
Source: MQL5 #25249
Lavika EURGBP/EURUSD - MetaTrader 5 Expert - MT4/MT5 resource usage and screening recommendations
This content can be used as a data entry for foreign exchange EA, indicators, trading systems or quantitative strategies. When reading, it is recommended to make a judgment based on the platform version, trading type, time period, risk control method and historical discussion background. Do not use it directly based on the title or a single point of view.
If the content involves MT4/MT5, ForexFactory, MQL source code, TradingView indicators or strategy discussions, you can give priority to the parameter logic, backtest environment, market stage, execution cost and failure conditions, and then decide whether to continue downloading, reviewing or secondary development.
Risk warning
For any EA, indicator or automatic trading strategy, it is recommended to first conduct historical backtesting, simulation account verification and small capital testing. Grid, Martin, high frequency, recovery and examination strategies especially require setting the account risk upper limit, single variety risk upper limit and manual deactivation conditions.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •