2 Lines of Moving Average Metatrader 4 Forex Robot

The 2 Lines of Moving Average Metatrader 4 Forex Robot is an expert advisor that is deployed in view of trading PAMM accounts.

A large minimum deposit of $1500 – $2000 is required when trading the 2 Lines of Moving Average EA.

Values of the Moving Average indicator are used for trading but the set of logic that defines a buy trigger is characterized by a fast moving average line aligning above the slow moving average line while the distance between the two lines is bigger than specified.

A sell position is triggered if the reverse takes place, a fast moving average line aligning below the slow moving average line while the distance between the two MA lines is bigger than specified.

Free Download

Download the “ma_v_1_3_3.mq4” MT4 robot

Strategy Tester Report

Find below the 2 Lines of Moving Average forex robot strategy tester report for the EUR/USD forex pair on the daily chart.

Overall Performance

The EA made a total profit of $5155.43 from a total of 2352 trades. The largest winning trade generated $9329.30 in profits, while the largest losing trade generated a loss of-$5997.60.

Statistics:

Bars in test:

Initial deposit: $25000.00

Total net profit: $5155.43

Total trades: 2352

Largest profit trade: $9329.30

Largest loss trade: -$5997.60

Consecutive wins: 2

Consecutive losses: 3

Download

Download the “ma_v_1_3_3.ex4” Metatrader 4 robot

MT4 Forex Robot Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: Expert advisor

Input Parameters: 0, TradeMode, 1, Period_, Shift, Method_MA, Apply_to, 2, Period, Shift, Method_MA, Apply_to, 3, 3_1, Lotconst_or_not, Lot, RiskPercent, 3_2, FirstLotMultiplicator, First_LotSize, First_LotSize, First_LotSize_TakeProfit, Firsh_MaxLotSize…

Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

Type: MA

Installation

Copy and paste the ma_v_1_3_3.mq4 into the MQL4 Experts folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Experts (paste here)

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