Simple moving average (MA) crossover Expert Advisor (EA) for Metatrader 4, in MQL4.
This EA opens a trade when the short period MA crosses the long period MA. Stop loss and target profit are set according to user-configurable parameters.
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This is a simple EA that produces good results on certain currency pairs, during certain time periods.
Crossover Mac Download
Usage
![Crossover Mac Metatrader Crossover Mac Metatrader](/uploads/1/2/6/0/126013748/848350528.jpg)
Install Metatrader 4 on Windows or on Mac using PlayOnMac. This EA only works on MetaTrader 4, NOT MetaTrader 5.
Crossover Mac Torrent
Clone this repository in
C:Program FilesMetatrader 4Expert AdvisorsMQL4Expert AdvisorsExperts
in Windows, or the equivalent on Mac.![Mac Mac](https://www.tradingfloor.com/images/article/max608w/1c5e297c-8a61-462b-93b3-5ab9497f32ce.png)
Open MetaEditor (the part of Metatrader that allows you to create and edit Expert Advisors). In the Navigator panel in the left sidebar, open
MQL4Expertsma_cross_eaMA_Cross.mq4
. Click on 'Compile' in the toolbar to compile it.Open MetaTrader (the trading terminal). In the Navigator panel in the left sidebar, browse to Expert Advisors > ma_cross_ea > MA_Cross. Drag the MA_Cross icon to the currency you want to do auto-trading with, e.g. 'EUR/USD'.
A configuration dialog will open where you can configure the EA's parameters such as:
- ShortMaPeriod: Period for the faster MA. This MA will cause the EA to buy or sell when it crosses the slower MA.
- LongMaPeriod: Period for the slower MA.
- StopLoss: Stop loss price from trade entry price, in pips.
- TakeProfit: Take profit price from trade entry price, in pips.
- Lots: Number of lots per trade.
Backtesting
Backtesting can be done using MetaTrader's 'Strategy Tester' function, accessed through main menu View > Strategy Tester .
Metatrader 4 Download For Mac
The testing results for a similar EA, on the EUR/USD currency pair, can be seen here: https://youtu.be/DHFfsjFaIgU
Disclaimer
Crossover Mac Full Version
I am not responsible for any losses you sustain while using this Expert Advisor. Trade with caution!