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An Expert Advisor that trades at the intersection of two moving averages uses the third moving average to filter the current trend direction. It has a flexible but at the same time simple configuration

Signal Monitoring -> HERE 

Signal Monitoring -> HERE 

Signal Monitoring -> HERE 

The Expert Advisor uses three moving averages to open positions. The main ones are two sliding ones, fast and slow. The third is a moving average for filtering market noise

  • If the fast moving average crosses the slow one from the bottom up , it is a buy signal
  • If the fast moving average crosses the slow one from top to bottom , it is a sell signal
  • When the fast and slow moving averages are below the filtered moving average (down trend), only sell signals work
  • When the filter moving average is lower (uptrend) than the fast and slow ones, only buy signals work
  • The fast period is the smallest, the slow period is larger, the filter-moving period is the largest 

If filtering is disabled then:

  • At each intersection of the fast and slow moving averages, the Expert Advisor will open trades 
  • It should be noted that the opening of a new order occurs only after the previous one is closed. In this Expert Advisor, there is only one open position in the market at a time

[spoiler title=”Read More…”]

Problem Solving ->> HERE

Problem Solving ->> HERE

Advantages:

  • Intuitive and easy setup
  • It is suitable for all types of instruments and all timeframes
  • It has three types of notifications 
  • Plug-in system for overlapping the first order with the last one
  • The ability to automatically calculate trading volumes

MT4 version -> HERE>

MT4 version -> HERE>

MT4 version -> HERE>

MAIN SETTINGS

  • Size of the first order – Aboutthe amount for opening the first order
  • Enable Autolot calculation – Use automatic lot calculation. Autolot allows you to save the risk settings when changing the deposit
  • Autolot deposit per 0.01 lots – The amount of the deposit for every 0.01 when using the autolot

SIGNALS  

    • Fast/Slow/ Filtering MA Period – The period of the corresponding moving average
    • Fast/Slow/ Filtering MA Method – Method of the corresponding moving average 
    • Fast/Slow/ Filtering MA Applied Price – The applied price for moving averages
    • Use Third MA Filter-TRUE or FALSE to enable or disable the filter sliding

SIGNALS  

    • Fast/Slow/ Filtering MA Period – The period of the corresponding moving average
    • Fast/Slow/ Filtering MA Method – Method of the corresponding moving average 
    • Fast/Slow/ Filtering MA Applied Price – The applied price for moving averages
    • Use Third MA Filter-TRUE or FALSE to enable or disable the filter sliding

  • Fast/Slow/ Filtering MA Period – The period of the corresponding moving average
  • Fast/Slow/ Filtering MA Method – Method of the corresponding moving average 
  • Fast/Slow/ Filtering MA Applied Price – The applied price for moving averages
  • Use Third MA Filter-TRUE or FALSE to enable or disable the filter sliding
GRIDS SETTINGS 
  • Minimum step between average orders – The variable that regulates the step between orders is measured in points 
  • Multiplier for average orders – Each subsequent order opened by the Expert Advisor in the order grid will be larger than the previous one by this coefficient

    TAKE PROFIT SETTINGS

    • Size of Virtual TakeProfit (In points) – The size of the virtual Take Profit. It is calculated for the current group of orders from the breakeven price
    • Use overlap last and first orders  Use the overlap of the first order with the last one
    • Use overlap after that number of orders  Use the overlap of the first order with the last one after a given number of open orders

    PROTECTION SETTINGS

    • Maximum slippage in points  The maximum allowable slippage in points for opening and closing orders
    • Maximum spread in points  The maximum allowed spread for opening orders. Measured in points
    • Maximum number of orders – The maximum allowed number of orders of the same type 

    ADVISOR SETTINGS

    • Orders Magic number – MagicNumber of the Adviser’s orders
    • Comments of the EA’s orders – Comment for the EA’s orders
    • Allow to open OP_BUY orders – Allow the Expert Advisor to open orders of the OP_BUY type
    • Allow to open OP_SELL orders-Allow the Expert Advisor to open orders of the OP_SELL type
    • Allow to open new orders after close-Allow to send new orders after all orders are closed
    • Show panel of advisor – Ability to display or hide the Expert Advisor panel
    • Font size in panel-Adjust the font size on the panel

    NOTIFICATIONS SETTINGS 

    • Send push notifications when close orders-Notifications to the mobile version of the terminal, when closing orders 
    • Send emails when close orders-Sending emails to the email address when closing orders
    • Send alerts when close orders  Sending pop-up notifications on the terminal, when closing orders 

    GRIDS SETTINGS 
    • Minimum step between average orders – The variable that regulates the step between orders is measured in points 
    • Multiplier for average orders – Each subsequent order opened by the Expert Advisor in the order grid will be larger than the previous one by this coefficient

      TAKE PROFIT SETTINGS

      • Size of Virtual TakeProfit (In points) – The size of the virtual Take Profit. It is calculated for the current group of orders from the breakeven price
      • Use overlap last and first orders  Use the overlap of the first order with the last one
      • Use overlap after that number of orders  Use the overlap of the first order with the last one after a given number of open orders

      PROTECTION SETTINGS

      • Maximum slippage in points  The maximum allowable slippage in points for opening and closing orders
      • Maximum spread in points  The maximum allowed spread for opening orders. Measured in points
      • Maximum number of orders – The maximum allowed number of orders of the same type 

      ADVISOR SETTINGS

      • Orders Magic number – MagicNumber of the Adviser’s orders
      • Comments of the EA’s orders – Comment for the EA’s orders
      • Allow to open OP_BUY orders – Allow the Expert Advisor to open orders of the OP_BUY type
      • Allow to open OP_SELL orders-Allow the Expert Advisor to open orders of the OP_SELL type
      • Allow to open new orders after close-Allow to send new orders after all orders are closed
      • Show panel of advisor – Ability to display or hide the Expert Advisor panel
      • Font size in panel-Adjust the font size on the panel

      NOTIFICATIONS SETTINGS 

      • Send push notifications when close orders-Notifications to the mobile version of the terminal, when closing orders 
      • Send emails when close orders-Sending emails to the email address when closing orders
      • Send alerts when close orders  Sending pop-up notifications on the terminal, when closing orders 

      TAKE PROFIT SETTINGS

      • Size of Virtual TakeProfit (In points) – The size of the virtual Take Profit. It is calculated for the current group of orders from the breakeven price
      • Use overlap last and first orders  Use the overlap of the first order with the last one
      • Use overlap after that number of orders  Use the overlap of the first order with the last one after a given number of open orders

      PROTECTION SETTINGS

      • Maximum slippage in points  The maximum allowable slippage in points for opening and closing orders
      • Maximum spread in points  The maximum allowed spread for opening orders. Measured in points
      • Maximum number of orders – The maximum allowed number of orders of the same type 

      ADVISOR SETTINGS

      • Orders Magic number – MagicNumber of the Adviser’s orders
      • Comments of the EA’s orders – Comment for the EA’s orders
      • Allow to open OP_BUY orders – Allow the Expert Advisor to open orders of the OP_BUY type
      • Allow to open OP_SELL orders-Allow the Expert Advisor to open orders of the OP_SELL type
      • Allow to open new orders after close-Allow to send new orders after all orders are closed
      • Show panel of advisor – Ability to display or hide the Expert Advisor panel
      • Font size in panel-Adjust the font size on the panel

      NOTIFICATIONS SETTINGS 

      • Send push notifications when close orders-Notifications to the mobile version of the terminal, when closing orders 
      • Send emails when close orders-Sending emails to the email address when closing orders
      • Send alerts when close orders  Sending pop-up notifications on the terminal, when closing orders 

      PROTECTION SETTINGS

      • Maximum slippage in points  The maximum allowable slippage in points for opening and closing orders
      • Maximum spread in points  The maximum allowed spread for opening orders. Measured in points
      • Maximum number of orders – The maximum allowed number of orders of the same type 

      ADVISOR SETTINGS

      • Orders Magic number – MagicNumber of the Adviser’s orders
      • Comments of the EA’s orders – Comment for the EA’s orders
      • Allow to open OP_BUY orders – Allow the Expert Advisor to open orders of the OP_BUY type
      • Allow to open OP_SELL orders-Allow the Expert Advisor to open orders of the OP_SELL type
      • Allow to open new orders after close-Allow to send new orders after all orders are closed
      • Show panel of advisor – Ability to display or hide the Expert Advisor panel
      • Font size in panel-Adjust the font size on the panel

      NOTIFICATIONS SETTINGS 

      • Send push notifications when close orders-Notifications to the mobile version of the terminal, when closing orders 
      • Send emails when close orders-Sending emails to the email address when closing orders
      • Send alerts when close orders  Sending pop-up notifications on the terminal, when closing orders 

      • Maximum slippage in points  The maximum allowable slippage in points for opening and closing orders
      • Maximum spread in points  The maximum allowed spread for opening orders. Measured in points
      • Maximum number of orders – The maximum allowed number of orders of the same type 

      ADVISOR SETTINGS

      • Orders Magic number – MagicNumber of the Adviser’s orders
      • Comments of the EA’s orders – Comment for the EA’s orders
      • Allow to open OP_BUY orders – Allow the Expert Advisor to open orders of the OP_BUY type
      • Allow to open OP_SELL orders-Allow the Expert Advisor to open orders of the OP_SELL type
      • Allow to open new orders after close-Allow to send new orders after all orders are closed
      • Show panel of advisor – Ability to display or hide the Expert Advisor panel
      • Font size in panel-Adjust the font size on the panel

      NOTIFICATIONS SETTINGS 

      • Send push notifications when close orders-Notifications to the mobile version of the terminal, when closing orders 
      • Send emails when close orders-Sending emails to the email address when closing orders
      • Send alerts when close orders  Sending pop-up notifications on the terminal, when closing orders 

      NOTIFICATIONS SETTINGS 

      • Send push notifications when close orders-Notifications to the mobile version of the terminal, when closing orders 
      • Send emails when close orders-Sending emails to the email address when closing orders
      • Send alerts when close orders  Sending pop-up notifications on the terminal, when closing orders 

      [/spoiler]

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