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An Expert Advisor trading 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 setup

Signal Monitoring -> HERE /  Problem Solving -> HERE / MT4 version ->> HERE

Signal Monitoring -> HERE /  Problem Solving -> HERE / MT4 version ->> HERE

Signal Monitoring -> HERE /  Problem Solving -> HERE / MT4 version ->> HERE

Advantages:

  • Intuitive easy setup
  • Suitable for all types of instruments and all timeframes
  • It has three types of notifications 
  • Pluggable system of overlapping the first order with the last one
  • Possibility of automatic calculation of trading volumes

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

    When using the third sliding:

    When the fast and slow moving averages are below the filtered moving average (downward trend), then only sell signals work
    When the filter moving average is lower (uptrend) than the fast and slow, then only buy signals work
    The period of the fast is the smallest, the period of the slow is larger, the period of the filter-sliding is the largest 

    [spoiler title=”Read More…”]

      If filtering is disabled then:

        MAIN SETTINGS

          SIGNALS  

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

            SIGNALS  

                GRIDS SETTINGS 

                Minimum step between average orders – A variable that regulates the step between orders, measured in points 
                Multiplier for average orders – Each subsequent order opened by the Expert Advisor in the grid of orders 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 last
                    Use overlap after that number of orders – Use the overlap of the first order last 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 allowable 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 OP_BUY orders
                        Allow to open OP_SELL orders – Allow the Expert Advisor to open OP_SELL orders
                        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 – Adjusting 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 an email address when closing orders
                          Send alerts when close orders – Sending pop-up notifications on the terminal when orders are closed 

                            Technical support

                            Contact customer support to ask questions. Write to our AW Trading team -> [email protected]

                            GRIDS SETTINGS 

                            GRIDS SETTINGS 

                                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 last
                                Use overlap after that number of orders – Use the overlap of the first order last 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 allowable 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 OP_BUY orders
                                    Allow to open OP_SELL orders – Allow the Expert Advisor to open OP_SELL orders
                                    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 – Adjusting 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 an email address when closing orders
                                      Send alerts when close orders – Sending pop-up notifications on the terminal when orders are closed 

                                        Technical support

                                        Contact customer support to ask questions. Write to our AW Trading team -> [email protected]

                                        TAKE PROFIT SETTINGS

                                          PROTECTION SETTINGS

                                          Maximum slippage in points – The maximum allowable slippage in points for opening and closing orders
                                          Maximum spread in points – The maximum allowable 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 OP_BUY orders
                                            Allow to open OP_SELL orders – Allow the Expert Advisor to open OP_SELL orders
                                            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 – Adjusting 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 an email address when closing orders
                                              Send alerts when close orders – Sending pop-up notifications on the terminal when orders are closed 

                                                Technical support

                                                Contact customer support to ask questions. Write to our AW Trading team -> [email protected]

                                                PROTECTION SETTINGS

                                                Maximum slippage in points – The maximum allowable slippage in points for opening and closing orders
                                                Maximum spread in points – The maximum allowable 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 OP_BUY orders
                                                  Allow to open OP_SELL orders – Allow the Expert Advisor to open OP_SELL orders
                                                  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 – Adjusting 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 an email address when closing orders
                                                    Send alerts when close orders – Sending pop-up notifications on the terminal when orders are closed 

                                                      Technical support

                                                      Contact customer support to ask questions. Write to our AW Trading team -> [email protected]

                                                        ADVISOR SETTINGS

                                                          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 an email address when closing orders
                                                          Send alerts when close orders – Sending pop-up notifications on the terminal when orders are closed 

                                                            Technical support

                                                            Contact customer support to ask questions. Write to our AW Trading team -> [email protected]

                                                            NOTIFICATIONS SETTINGS 

                                                              Technical support

                                                              Contact customer support to ask questions. Write to our AW Trading team -> [email protected]

                                                              Contact customer support to ask questions. Write to our AW Trading team -> [email protected]

                                                              [/spoiler]

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