Risk management is crucial if you want to be successful in Forex trading.

The purpose of Moving Average Cross Close is to automatically close your trades as soon as the closing price is above the moving average of the specified period for short trades or below the moving average for long trades.

Having the ability to automatically close open trades under these conditions provides the order of closing those trades that start moving against you. As you know, it is often difficult to close a profitable trade that begins to reverse. Many people hope that the price does not turn around, this eventually leads to a complete loss of profit. And sometimes the price goes so far that a stop loss is triggered. If this has happened to you, then you know how painful it can be. The Moving Average Cross Close Expert Advisor removes the influence of human emotions that we all systematically encounter, immediately closing trades when the selected moving average breaks through.

Moving Average Cross Close also gives you an advantage and confidence if you move away from the screen while you have a winning position. Thanks to the fact that you are not tied to the screen, you have the opportunity to fully live your life. Moving Average Cross Close allows you to go to bed, go to work, or eat with confidence, as you know that your trade will be managed in a way that potentially secures your profits.

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The moving average automatically tracks the price and gives your trade enough room to stay in the game. This strategy often helps to capture more pips on extended moves.

Moving Average Close is a tool that closes an open trade when the closing price of the current bar crosses the specified moving average above for SELL or below for BUY.

Moving Average Close is designed to manage trades.

• Moving Average Period: The period of the moving average for calculations.
• Moving Average Timeframe: Predefined timeframes of the chart.
• Moving Average Method: A predefined method for smoothing the moving average.
• Screenshot On Close: Save a screenshot of the current chart when closing a trade
• Screenshot File Name Prefix: The prefix for screenshots. Screenshots are saved to the ile folder.

• If a buy trade was opened while the price was above the moving average, the EA will close the trade at the opening of the candle after the bar closed below the moving average
• If a buy trade was opened while the price was below the moving average, the EA will close the trade only after the bar closes above the moving average and the subsequent candle closes below the moving average.
• If a sell trade was opened while the price was below the moving average, the EA will close the trade at the opening of the candle after the bar closed above the moving average
• If a sell trade was opened while the price was above the moving average, the EA will close the trade only after the bar closes below the moving average and the subsequent candle closes below the moving average.
• The period of the moving average can be changed. Open the parameters tab in the properties window. Double-click on the tab next to the Moving Average Period and enter the desired period.
• The timeframe of the moving average can be changed. Select from the drop-down menu in the options tab in the properties window. Double-click on the tab next to the Moving Average Timeframe, and select Current, 1M, 5M, 15M, 30M, 1 Hour, 4 Hours, 1 Day, 1 Week, 1 Month. Keep in mind that trades will be managed according to the moving average based on the timeframe specified in the settings, regardless of the displayed timeframe of the chart. When the timeframe is set to the current one and the chart period changes to another, the trades will be managed according to the moving average on the displayed timeframe, which will affect the closing of the trade.
• The moving average method can be changed. Select from the drop-down menu in the options tab in the properties window. Double-click on the tab next to the Moving Average Method and select: Simple, Exponential, Smoothed, or Linear weighted
• The Expert Advisor is equipped with a function of taking screenshots when closing a trade. Select from the drop-down menu in the options tab in the properties window. Double-click on the tab next to Screenshot on close and select true (enable screenshots) or false (disable screenshots)
• Screenshots are saved in the /MQL4/Files/ScreenShots folder.
• Path for screenshots: File -> Open data directory – > > MQL4 folder – > > > Files – > > > ScreenShots-in the ScreenShots folder, open the subfolders with the currency pair and the timeframe of the closed transaction. By default, the prefix for the name of screenshots is FXPROPHET_MA_.
• You can change the default prefix for the screenshot name. Select from the drop-down menu in the options tab in the properties window. Double-click on the tab next to Screenshot File Name Prefix and enter the desired prefix for the file name name.

It is recommended to use a hard stop loss on your broker’s platform in addition to the one used in this Expert Advisor.

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