Skip to content
All library documents

Three Moving Average Crossovers for Entry and Exit Signals

Article MQL5 code base

Summary

The document describes an expert advisor that uses three fast moving averages to generate trade entries and exits, including signals when the averages cross. It suggests applying the approach to currency pairs on a 15-minute chart and using longer time frames for commodities with high spreads.

Trade closure is left to the user, who is advised to manage positions and use key price areas to choose exits. The document claims that more than 85% of trades usually become profitable, but provides no supporting data, test period, or definition of profitability. It offers no details about the moving-average periods, position sizing, or risk controls, so the signal rules cannot be independently evaluated from this description.

Key ideas

  • The advisor uses three fast moving averages to signal entries and exits.
  • Crossovers are identified as an event that can trigger trading signals.
  • The suggested chart interval for currency pairs is 15 minutes.
  • The document recommends manual trade management and using key price areas for exits.
  • The reported profitability claim is unsupported by test details.

Tags

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