Mastering Trading with a Dual Moving Average Expert Advisor for MetaTrader 5

Mike 2025.06.02 20:52 27 0 0
Attachments

Hey fellow traders!

I'm excited to share my very first code post here on the forum!


This Expert Advisor (EA) utilizes two Moving Average (MA) indicators. The way it works is pretty straightforward: if the two MAs don’t cross for a certain period, and there's a pullback from the main trend, it opens the first of three trades. Subsequent trades are triggered based on the movement—either in our favor or against us—using a step defined by the Average True Range (ATR).

Once all three trades are set in motion and the market is moving our way, the EA employs a trailing stop to lock in profits. However, if the market moves against us, the EA will close one or more positions based on the distance of our grid step. Simple as that!


List
Comments 0