The profitable moving average expert advisor for MT4 uses only one moving average to open and close automated buy and sell trades.
It’s recommended to use this EA on the daily chart using closing prices.
This robot uses simple, yet effective money management based on previous trade performance.
Opening automated buy and sell positions are based on some form of price action (current bar versus previous bar).
Feel free to experiment with the different input parameters for optimized performance.
Freely Download This Forex Robot
Download the “Moving_Average.mq4” MT4 robot
Strategy Tester Performance Report
Find below the MT4 strategy tester performance report for the moving average robot strategy attached to the EUR/USD 1-Hour chart.
Strategy Tester Performance Highlights
The robot made a total profit of $2786.20 from a total of 2205 trades. The largest winning trade generated $1155.60 in profits, while the biggest losing trade reported during the testing period was -$1006.80.
Overall, the moving average robot shows positive results during the testing period.
Test Period Details:
Bars in test: 28117 ticks modelled
Initial deposit: $10000.00
Total net profit: $2786.20
Total trades taken: 2205
Largest profitable trade: $1155.60
Largest losing trade: -$1006.80
Consecutive winning trades: 6
Consecutive losing trades: 18
Download This MT4 Expert Advisor
Download the “Moving_Average.mq4” Metatrader 4 robot
MT4 Forex Robot Highlights
Supported Currency pairs: Any (majors, minors, currency crosses)
Supported Time frames: 1-Day
Type: Moving average system
Trading Platform: Metatrader 4
Type: Expert advisor (EA)
Input Parameters
The following input parameter values can be modified by accessing the EA’s “Inputs” tab:
Lot size, maximum risk, decrease factor, moving period, moving shift
How to install and run this FX Robot?
- Copy the Moving_Average.mq4 file into the Experts folder of the MT4 platform.
- Then close and restart the MT4 platform.
- Finally, attach the robot to the chart.
