About the 20-Period Moving Average Expert Advisor
The 20-Period Moving Average Metatrader 4 Forex Robot is an expert advisor that utilizes the 20-period simple moving average (SMA) to execute buy and sell trading positions automatically.
This EA works across all timeframes and currency pairs, including major pairs like GBP/USD, EUR/USD, USD/JPY, and USD/CAD.
It analyzes market trends by monitoring the price’s position relative to the 20-period SMA, ensuring timely entries and exits.
The robot is designed to adapt to various market conditions, providing flexibility and efficiency in trading.
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Download the “1MA.mq4” MT4 robot
Key Features
Trend Confirmation Filter
The EA uses a built-in trend filter to confirm signals before opening trades, reducing false entries during market noise.
Adaptive Lot Sizing
Automatically adjusts lot size based on account balance and risk settings to optimize position sizing for each trade.
Advanced Exit Strategy
Implements smart exit rules that combine SMA crossovers with trailing stop adjustments to lock in profits efficiently.
Market Condition Recognition
Detects trending versus sideways market conditions and adapts trading behavior accordingly to improve performance.
Notification Alerts
Sends notifications to your MT4 terminal or email when trades are opened, closed, or modified, keeping you informed at all times.
Strategy Tester Report
Find below the 20-Period Moving Average forex robot strategy tester report for the EUR/USD forex pair on the 4-Hour chart.
Key Performance
The EA made a total profit of $2518.96 from a total of 314 trades.
The largest winning trade generated $246.63 in profits, while the largest losing trade generated a loss of $66.44.
Statistics:
Bars in test: 8712 ticks modelled
Initial deposit: $10000.00
Total net profit: $246.63
Total trades: 314
Largest profit trade: $246.63
Largest loss trade: -$66.44
Consecutive wins: 3
Consecutive losses: 1
How the EA Works
- Monitors the price’s position relative to the 20-period SMA.
- Opens buy trades when the price is above the 20-period SMA, indicating an uptrend.
- Opens sell trades when the price is below the 20-period SMA, indicating a downtrend.
- Adjusts stop loss and take profit levels based on market volatility.
- Closes trades when opposite signals are detected or take-profit levels are reached.
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Download the “1MA.ex4” Metatrader 4 robot
Parameters & Settings
- Lot Size — trade volume per position.
- Stop Loss — distance from entry to stop loss level.
- Take Profit — target profit per trade.
- Trailing Stop — distance for trailing stop functionality.
- Break Even — distance from entry to activate break-even protection.
- Risk Percentage — percentage of account balance risked per trade.
Recommended Trading Setup
- Currency Pairs: EUR/USD, GBP/USD, USD/JPY.
- Timeframes: H1, H4.
- Broker: ECN or low-spread brokers for best performance.
- Account Type: Standard or ECN.
- Risk Management: 1–2% per trade for stability.
FAQ
Can this EA adapt to volatile market conditions?
Yes, the EA adjusts its trading behavior based on market volatility and avoids entering trades during extreme conditions.
Does it work on multiple timeframes simultaneously?
Yes, you can run the EA on different charts at the same time. Assign a unique Magic Number for each to prevent trade conflicts.
Can it be used on other instruments besides Forex?
Absolutely. The EA works on any instrument supported by MT4, including indices, commodities, and CFDs.
How does the EA handle consecutive losses?
The EA includes risk management features such as dynamic lot sizing and break-even stops to reduce the impact of losing streaks.
Is it beginner-friendly?
Yes, beginners can use the EA, but it is recommended to start on a demo account to understand the strategy and adjust settings safely.
Summary
The 20-Period Moving Average MT4 Forex Robot automates trades using a simple moving average strategy, capturing trends and managing risk effectively.
It works across all timeframes and currency pairs, providing flexibility for various trading styles.
With features like automated trade execution, customizable settings, and risk management tools, this EA is suitable for both novice and experienced traders.
Download the free EA, test it on a demo account, and implement it in your trading strategy for automated, precise trading.
