A MA EA - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resources

Author of the idea : Yuri Tokman

MQL5 code author : Balabashka Kong

The EA trades through a single iMA (Moving Average, MA) indicator. All indicator parameters are included in the input. Execute actions on every price move: Once a signal is received and there are no open positions in the direction of the signal, the signal can be executed.

Indicator data is taken from the current bar (MA is obtained) . Open, high and low data are taken from the current bar (get OHLC) . Conditions for entering a passage, the upper boundary of which is calculated as "MA" plus the passage ceiling and the next being "MA" minus the passage floor .

Stop Loss and Take Profit parameters can be disabled. To do this, set "0". Please remember that if the stop loss is "0", we may receive a frozen loss position that has never been closed by the EA.

Sample test of EURUSD M15:

Attachment download

📎 one_ma_ea.mq5 (31.39 KB)

Source: MQL5 #21499