Two Moving Averages for Trade Entries and Exits

Summary

This Expert Advisor uses two moving averages to manage trades. A slower average based on opening prices supplies entry signals, while a faster average based on closing prices supplies exit signals. The system checks for signals only when a new bar appears, allows multiple positions, and can trail open positions. Users can configure the averages’ periods, shifts, smoothing methods, price inputs, and signal bars, as well as trade volume and stop levels.

The document lists a test setup across several symbols on the H1 timeframe, covering January to April 2018 with default parameters, but provides no performance figures or interpretation of the results. It therefore describes an implementable rule set rather than evidence that the strategy is profitable. It also does not specify detailed crossover conditions in prose or discuss transaction costs, position limits, or how risk changes when multiple positions are allowed.

Key ideas

• The slower moving average, calculated from opening prices, is used to generate entries.
• The faster moving average, calculated from closing prices, is used to generate exits.
• The EA evaluates its signals once per new bar and supports trailing stops.
• Users can configure moving average settings, trade size, stop loss, and take profit.
• The document mentions a multi-symbol H1 test but reports no outcome metrics.

Tags

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