FX Fish 2MA Signal Rules and Expert Advisor Controls

Summary

This document describes an Expert Advisor that trades signals from the FX Fish 2MA indicator, with EURUSD on an hourly chart given as its example. It buys when the Fish value is below zero and crosses its average, and sells when the Fish value is above zero and crosses its average. A second average can make entries more conservative or serve as an exit signal.

The EA exposes controls for trade size, stop loss and take profit, trailing stops, limits on open orders, spacing for positions or limit orders, and closing on opposite signals. It also includes optional profit, equity, and balance protection, Friday trading, position lifetime, and signal reversal settings. The document explains configuration options but supplies no performance results, backtest evidence, or detailed rules for how all protections interact. The example market and timeframe therefore do not establish that the system is profitable or generalizes to other instruments or settings.

Key ideas

• The EA uses FX Fish 2MA crossings to generate directional signals around the zero line.
• A second smoothed Fish series can filter entries or provide an exit signal.
• Position sizing, order limits, pending orders, and protective controls are configurable.
• The document gives an EURUSD hourly example but no evidence of trading performance.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.