Topic: Percent Above Below Moving Average [MT4 MT5 Expert Advisor]
This expert advisor enters a position when the price moves a percentage distance from a moving average with an powerful custom optimization metric to help you find the best systems with low stagnation and high net profit.
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
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
3 optimization metrics to search best systems as: Net Profit + Stagnation, Net Profit + DD + Stagnation and Stagnation; To use the custom optimization metric select "Custom max" in strategy tester.