Universal MA Cross – EA

Common Setting :
—————–
StopLoss (default 100)
Set your Stop Loss. Use 0 (zero) if you don’t like to use Stop Loss ( not recommended ).

TakeProfit (default 200)
Set your Take Profit. Use 0 (zero) if you like to use open target.

Moving Average Setting :
————————
FastMAPeriod (default 10)
Fast Moving Average Period.

FastMAType (default EMA / 1)
Fast Moving Average Type 0:SMA 1:EMA 2:SMMA 3:LWMA

FastMAPrice (default Close / 0)
Fast Moving Average Applied Price 0:Close 1:Open 2:High 3:Low 4:Median 5:Typical 6:Weighted

ver.7.2 FastMAshift (default 0)
Fast Moving Average Shift

SlowMAPeriod (default 80)
Slow Moving Average Period.

SlowMAType (default EMA / 1)
Slow Moving Average Type 0:SMA 1:EMA 2:SMMA 3:LWMA

SlowMAPrice (default Close / 0)
Slow Moving Average Applied Price 0:Close 1:Open 2:High 3:Low 4:Median 5:Typical 6:Weighted

ver.7.2 FastMAshift (default 0)
Slow Moving Average Shift

Minimum Cross Distance :
————————
ver.2 MinCrossDistance (default 0)
Set the pip distance between FastMA and SlowMA to be consider as a valid cross. Use 0 (zero) to disable this filter.

ver.7 MaxLookUp (default 1)
Set number of bar after the cross to keep checking on the entry condition in regards with the minimum distance between FastMA and SlowMA. Need MinCrosDistance > 0 to enable this feature. Use 0 (zero) to disable this feature.

Exit Setting :
————-
StopAndReverse (default true)
If set to TRUE, will exit any trade and reverse position when signal change.

PureSAR (default false)
If set to TRUE, will use no Stop Loss – Take Profit – and Trailing Stop. This is always in play setting.

ver.7.2 ExitOnCross (default false)
If set to TRUE, will exit any trade if there is an opposite cross without consider any additional filter. So exit purely base on moving average cross.

Third MA Setting :
——————
ver.5 UseThirdMA (default false)
If set to TRUE (and UseCounterTrend = FALSE), will only trade according to ThirdMA direction, above for BUY and below for SELL.

ver.5 UseCounterTrend (default false)
If set to TRUE will keep trade even if counter ThirdMA direction, but with different StopLoss and TakeProfit. Need UseThirdMA = TRUE to enable this feature.

ver.7 OnlyCounterTrend (default false)
If set to TRUE will set the EA only to trade counter trend trade, mean BUY if cross below ThirdMA and SELL if cross above ThirdMA. Need UseCounterTrend = TRUE to enable this feature.

ver.5 ThirdMAPeriod (defaul 100)
Third Moving Average Period.

ver.5 ThirdMAType (default EMA / 1)
Third Moving Average Type 0:SMA 1:EMA 2:SMMA 3:LWMA

ver.5 ThirdMAPrice (default Close / 0)
Third Moving Average Applied Price 0:Close 1:Open 2:High 3:Low 4:Median 5:Typical 6:Weighted

ver.7.2 ThridMAshift (default 0)
Third Moving Average Shift

ver.5 CTStopLoss (default 0)
Set your Stop Loss for CounterTrend trade. Use 0 (zero) if you don’t like to use Stop Loss ( not recommended ).

ver.5 CTTakeProfit (default 0)
Set your Take Profit for CounterTrend trade. Use 0 (zero) if you like to use open target.

Lot and Money Management Setting :
————————————
Lots (default 1)
Number of lot per trade.

MM (default false)
If set to TRUE, will use build in money management.

AccountIsMicro (default false)
If using Micro Account set this to TRUE.

Risk (default 10)
Use with MM = TRUE to set the risk per trade.

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One response to “Universal MA Cross – EA

  1. I think the ea is good. What time frame do you think it is best for the default setting?
    And why do you use stoploss of 20?

    Please I am interested in updates.

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