Topic: Moving Average Fit for Stagnation [MT4 MT5 Expert Advisor]
Moving Average Fit for Stagnation [MT4 MT5 Expert Advisor]
This expert advisor has six types of moving average to choose and a powerful custom optimization metric so you can find the best systems with low stagnation and high net profit for any asset.
You enter the position long when bar opens above Moving Average Line and reverse it (close the buy and open a new short position) when bar opens below MA.
In addition to the optimization metric you can select acceptance criteria as minimum number of trades and payoff of a trading system.
Moving Averages Available ( MA TYPE )
Simple Moving Average (SMA)
Exponential Moving Average (EMA)
Smoothed Moving Average (SMMA)
Linear Weighted Moving Average (LWMA)
Linear Regression Moving Average
Hull Moving Average
More
Take Profit and Stop Loss as a percentage of price. Percentage stops are great for stocks, cfd indexes, cryptocurrencies and also forex.
Limit on the number of trades by the day
Trailing Stop (%) that only starts when you have defined profit
Entry and closing times
4 optimization metrics to search best systems as: Net Profit + Stagnation, Net Profit + DD + Stagnation, CAGR Mean DD + Stagnation and Stagnation; To use the custom optimization metric select "Custom max" in strategy tester.
Expert Options
Entry Lots (double)
Base Magic Number (int)
Allow Long Positions (bool)
Allow Short Positions (bool)
Maximum trades per day (int) (MT5 only)
Risk
Take Profit (%) (double)
Stop Loss (%) (double)
Allow Trailing (bool)
Profit to start trailing ($) (double)
Indicator Moving Average
MA Type (int) 1 - 6
MA Period (int) 3 - 400
Entry Time
From hour (int)
From minute (int)
Until hour (int)
Until minute (int)
Exit Time
Until hour (int)
Until minute (int)
Friday Until hour (int)
Friday Until minute (int)
Close all positions at ending time (bool)
Ignore Sunday (bool)
Optimization
Search Best
Net Profit + Stagnation
Net Profit + DD + Stagnation
CAGR Mean DD (MT5 only)
Stagnation
Acceptance Criteria
Minimum count of trades
Minimum payoff
Download MT4 EA - Moving Average Fit for Stagnation
Download MT5 EA - Moving Average Fit for Stagnation