MARE5.1: Moving Average Signals on the One-Minute Timeframe

Summary

MARE5.1 is described as a MetaTrader expert advisor for the one-minute timeframe. Its signal logic uses two simple moving averages and compares their values at the close of the current, second, and fifth bars. The document identifies configurable inputs for position size, take profit, stop loss, the two averaging periods, a shared moving average shift, and the permitted hours for opening positions. The stated time window must use valid hour values and cannot overlap.

The description does not explain the precise rule that turns the sampled moving average values into buy or sell orders, nor does it provide test results, market selection, or evidence of profitability. It therefore gives a high-level outline of the EA’s inputs and data points rather than a complete strategy specification. The stop and target parameters and restricted opening hours indicate basic trade and session controls, but the note does not discuss how their values should be selected or the risks of short-interval trading.

Key ideas

• The expert advisor is designed for a one-minute chart.
• It uses two simple moving averages and samples their values at three bar closes.
• Users can configure trade volume, stop loss, take profit, averaging periods, and moving average shift.
• An hourly window restricts when new positions may be opened.
• The description omits the exact entry and exit rules and supplies no performance evidence.

Tags

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