The FOREX EDGE EA Expert Advisor uses two moving averages as a signal to enter the market. It compares two moving averages of different periods and enters the market in the following ways:
* Cross Mode: buys when the fast moving average crosses the slow up; sells when the fast moving average crosses the slow down;
• Mode Simple: buys when the fast moving average is higher than the slow one; sells when the fast moving average is lower than the slow one;
* Mode Manually: manual opening: trades are opened only manually using the buttons on the chart, but are closed according to the settings of the Expert Advisor input parameters.
Each order is equipped with a stop loss and take profit and uses a loss recovery algorithm. Any optimization should be performed using the average values and are not to be held too often. The EA is multi-currency and multi-timeframe, but it is most productive on M30 and H1. You can accumulate orders and manage the entire basket. The time settings allow you to set the time of the Expert Advisor’s operation.
- Leverage: 1: 100 or more;
- Minimum deposit:$1000;
- Lot Size: balance/100*0.01;
- Currency pairs: AUDUSD, EURUSD and GBPUSD;
- Timeframe: any, default H1;
- Trade type: Reserve margin for pending orders is not used.
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- Direction of trade – three trading directions: buy and sell/buy only/sell only
- Trade mode – two trading modes: automatic and manual via the panel;
- Pending order distance – the distance of the pending order in pips;
- Take Profit – take profit, 0-disabled;
- Stop Loss – stop loss, 0-disabled;
- Volume of first order – volume of the first order;
- Pending orders volume list – list of pending order volumes;
- Limit Lot Increase – maximum lot volume;
- Basket Profit – the minimum profit of the entire basket;
- Basket Loss – the maximum loss of the entire basket;
- Start Time Server – start time of operation;
- Stop Time Server – end time of operation;
- Monday – enable / disable trading on Mondays;
- Tuesday – enable / disable trading on Tuesdays;
- Wednesday – enable / disable trading on Wednesdays;
- Thursday – enable / disable trading on Thursdays;
- Friday – enable / disable trading on Fridays;
- Magic number – the identifier of the EA’s orders;
- Slippage – maximum allowed slippage.
Indicator Parameters:
- Working price – the type of price to calculate. Options: closing price, opening price, high, low, average, typical, weighted;
- Period fast MA – the period of the fast moving average;
- Shift fast MA – shift of the moving average by the specified number of periods (candlesticks);
- Method fast MA – method for calculating the fast moving average. Possible values: Simple, Exponential, Smoothed, and Linear Weighted.);
- Price fast MA – the price type for calculating the fast moving average;
- Period slow MA – the period of the slow moving average;
- Shift slow MA – shift of the moving average by the specified number of periods (candlesticks);
- Method slow MA – method for calculating the slow moving average. Possible values: Simple, Exponential, Smoothed, and Linear Weighted.);
- Price slow MA – the price type for calculating the slow moving average.
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