Ilan iMA: Moving-Average Signals with Loss-Adding Positions

Summary

This expert advisor uses a moving average to generate directional entries. Four consecutive declining moving-average values establish a downward trend condition, with a price rebound above the latest average triggering a sell; four rising values establish an upward condition, with price falling below the latest average triggering a buy. The EA is stated to require a hedge account and to maintain positions in only one direction at a time.

When an open position moves against the strategy by a specified step, the EA adds another position in the same direction at a larger volume, subject to a maximum lot limit. It tracks the largest existing volume when calculating later size increases. Once combined position profit reaches a minimum target, it closes the basket. This is a loss-adding recovery approach: the description explains its mechanics but provides no backtest or risk results. Larger exposure during adverse moves can deepen losses, and a capped lot size does not establish a bound on total account risk.

Key ideas

• The EA uses sequences of rising or falling moving-average values to define a trend condition.
• A price move across the latest average triggers an entry opposite the preceding trend direction.
• When a position loses by a set step, the EA adds a larger position in the same direction, subject to a lot cap.
• The EA closes all positions when their combined profit reaches a specified minimum.
• The method adds exposure during adverse price moves and is described without performance or risk testing.

Tags

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