MA Cross With Exit EA 2
MA Cross With Exit EA 2 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around moving averages. Its source code uses moving averages. It raises the lot size after losses (martingale — high risk), moves the stop behind price and can size trades from your risk. It has 40 settings, for example Comment1 (default - Strategy Parameters -), EA Activated (default true) and Time Frame (default Min_60). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Expert advisor · MT4 · v1.0 · Free
About MA Cross With Exit EA 2
MA Cross With Exit EA 2 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It increases the lot size after a losing trade (martingale), moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 40 settings, such as Comment1, Ea activated and Time frame. MQL source code included.
Files in the download: MA_Cross_with_Exit_EA.mq4.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Comment1 | - Strategy Parameters - | Comment written on the orders |
| Ea activated | true | |
| Time frame | Min_60 | Period or timeframe used by the calculation |
| Order type | Both | |
| Maximum trades open | 3 | |
| Wait mins for next trade | 30 | |
| Ma1 period | 5 | Period or timeframe used by the calculation |
| Ma1 method | SMA | |
| Ma1 price type | CLOSE | |
| Ma2 period | 30 | Period or timeframe used by the calculation |
| Ma2 method | SMA | |
| Ma2 price type | CLOSE | |
| Ma3 period | 10 | Period or timeframe used by the calculation |
| Ma3 method | SMA | |
| Ma3 price type | CLOSE | |
| Max pips away from cross | 10 | |
| Comment2 | - Order magic number. May be used as use | Comment written on the orders |
| Magic n | 123456 | Magic number that tells this EA's orders apart |
| Comment3 | - AutoLots True will calculate Lots auto | Comment written on the orders |
| Risk management | Automatic | Risk per trade (percent of balance) |
| Comment4 | - Automatic Risk, For ex: 2.5 means 2.5% | Comment written on the orders |
| Auto risk percent | 2 | Risk per trade (percent of balance) |
| Auto max risk in total orders | 7 | Risk per trade (percent of balance) |
| Comment5 | - Manual Number of Lots (if not Automati | Comment written on the orders |
| Manual lots | 0.3 | |
| Manual maximum lots | 3.0 | |
| Comment6 | - Maximum price slippage for buy or sell | Comment written on the orders |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Comment7 | - Stop loss in Pips - | Comment written on the orders |
| Stop loss | 10 | Stop loss distance |
| Comment8 | - Take profit in Pips - | Comment written on the orders |
| Take profit | 20 | Take profit distance |
| Comment9 | - Trailing Stop in Pips - | Comment written on the orders |
| Trailing stop | 20 | Trailing stop distance or switch |
| Trailing step | 5 | Trailing stop distance or switch |
| Comment10 | - Should the EA use alerts - | Comment written on the orders |
| Sound alert | true | Turn this alert on or off |
| Email alert | false | Turn this alert on or off |
| Comment11 | - Optional EA actions - | Comment written on the orders |
| Ea sounds | true | Turn this alert on or off |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: Moving Average · Martingale · Trailing Stop & Break-even · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code