Crossovers are one
of the main moving average strategies. The first type is a price crossover, which is when the price crosses
above or below a moving average to signal a potential change in trend. Another strategy is to apply two moving
averages to a chart: one longer and one shorter. When the shorter-term MA
crosses above the longer-term MA, it’s a buy signal, as it indicates that the trend is
shifting up. This is known as a “golden cross.” Meanwhile, when the shorter-term MA crosses below
the longer-term MA, it’s a sell signal, as it
indicates that the trend is shifting down. This is known as a “dead/death
cross.”
FlyEA iMA Cross uses two moving averages, the stoploss
and take profit is in currency. There
are many time options, they can also be used as a daily stop without the need
to recharge the EA, this automatic system can also be used in the tester and
allows for interesting and useful searches. This is a professional expert
advisor.
• Mode Cross: BUY
when Moving Average Fast crosses over Moving Average Slow – SELL when Moving
Average Fast crosses under Moving Average Slow;
Information:
-
Please test expert on demo account first, before uses
it on real account. Have on your mind, all Expert Advisor are sensitive
and depend on brokers spreading and slipping, it is essential to be successful in the trade choose an
excellent broker.
Suggested settings:
-
Minimum leverage:
1:200, advice:1:500 -
Minimum deposit:
$2000;
- Lots size: balance/100*0.01;
- All pairs, advice: AUDUSD, EURUSD, GBPUSD,USDCAD,
USDCHF, USDJPY;
-
Any time, advice: M5 and signal period M30, H1, H4, D1;
-
Trading type: NO Reserving margin for pending orders;
-
ECN broker with low spread and VPS are
recommended; -
Small spread significantly increases the
EA’s efficiency;
Parameters:
-
Use Time – use/no use time;
-
Start Time – at time start
trading; -
End Time – time
to pause trading, no opening new trades but managing open
trades; -
Trade Monday
– enable/disable
trading of Monday; -
Trade
Tuesday – enable/disable
trading of Tuesday; -
Trade
Wednesday – enable/disable
trading of Wednesday; -
Trade Friday
– enable/disable
trading of Friday; -
Close Trades At Time – enable/disable close all trades;
-
Close Trades Time – at time close all trades;
-
Magic Number
– a unique number
of the EA’s orders; -
Start Lots –
fixed lot size, recommended (Deposit/ 100*0.01); -
Step Main Orders – step order buy or sell (200 = 20 pips);
-
Max Orders In Work – maximum open trades;
-
Max Volume
Lots In Work – max volume
lots; -
Max Slippage – maximum slippage;
-
Max Spread – disable trading when the floated current spread
exceeds the predefined value; -
Use Trailing Equity
– true = enable trailing
stop. false = disable trailing stop; -
Trailing Start Equity – all
trades with this magic, trailing start levels in currency; -
Trailing Stop Equity – all trades with this magic, trailing stop levels in
currency; -
Trailing Step Equity – all trades with this magic, trailing step levels in
currency; -
Enable Basket – true = enable the basket, false = disable the basket;
-
Basket Profit – the minimum profit value, in currency, (basket
with this magic); -
Basket Loss – the maximum loss value, in currency, (basket
with this magic);
Parameters
of the indicators:
-
Work Timeframe – timeframe signals;
-
Period Fast MA – define the period for the fast period moving average;
-
Method Fast MA – method used for calculating fast moving average.
Options are: Simple, Exponential, Smoothed and Linear Weighted; -
Period Slow MA – define the period for the slow period moving average;
-
Method Slow MA – method used for calculating slow moving average.
Options are: Simple, Exponential, Smoothed and Linear Weighted; -
Price Slow MA –
price type used for calculating slow moving average;
Parameters trade intraday:
-
USE Automatic Time – enable/disable EA operation;
-
EA Open Order After – start trading at time;
-
EA Works Until – pause trading at time, no opening new trades but managing open
trades; -
EA Closes All Orders At – close all trades at time and automatic start new
trading at time;