Moving Average Cross - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resource

Author of the idea : Screenwriter

MQL5 code author : Balabashka Kong

The EA only runs when a new bar appears. Open interest is always fixed and set in many ranges. StopLoss , TakeProfit and TrailingStop parameters can be disabled - to do this, set the appropriate value to "0.0". The last trailing step parameter - the trailing step.

Two moving averages ( the first and the second ) are used. Crossover is defined in a very simple way (it is not the most accurate method, but it is the simplest) - by analyzing the indicator values ​​on two adjacent bars:

 //--- Buy signal if (MA_First[ 1 ]>MA_Second[ 1 ]+ExtMA_Minimum Distance&& MA_First[ 2 ]  2]-ExtMA_minimum distance)
... //--- sell signal if (MA_First[ 1 ]  1 ]-ExtMA_MinimumDistance && MA_First[ 2 ]>MA_Second[ 2 ]+ExtMA_Minimum Distance)
...

Where:

The filter then checks each signal momentum indicator using the following command - Momentum Filter Check Parameter Override.

Visually, this looks like this:

EURUSD M15 test:

Attachment download

📎 crossing_moving_average.mq5 (47.55 KB)

Source: MQL5 #21515