XIT Three Moving Average Crossover - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resource
This is a simple but very effective EA that I have been working on. It is a basic three moving average crossover used to open a position order and MACD is used as verification before opening a position.
Updated on August 30, 2018:
This is a pretty significant update. The EA now includes money management based on a fixed risk percentage. Stop Loss and Take Profit values are also set using time period based ATR ranges.
Test it out and let me know if it works for you, and please also let me know if there are any features that would help the EA perform better.
Attachment download
📎 xit_three_ma_cross.mq5 (35.84 KB)
Source: MQL5 #21697
XIT Three Moving Average Crossover - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resource Usage and Screening Suggestions
XIT Three Moving Average Crossover - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 resources belong to MT5 EA related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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