Moving Average Cross
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Moving Average Cross. As the name suggests, the idea behind it is moving averages. It moves the stop behind price and can size trades from your risk. It has 25 settings, for example Trade Settings, Magic Number (default 101) and Slippage (default 10). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. 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 Moving Average Cross
Moving Average Cross is an expert advisor (trading robot) for MetaTrader 4. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 25 settings, such as Trade settings, Magic number and Slippage. MQL source code included.
Files in the download: Moving Average Cross.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 |
|---|---|---|
| Trade settings | Trade Settings | |
| Magic number | 101 | Magic number that tells this EA's orders apart |
| Slippage | 10 | Maximum slippage allowed when opening a trade |
| Trade on bar open | true | |
| Money settings | Money Management | |
| Use money management | true | |
| Risk percent | 2 | Risk per trade (percent of balance) |
| Fixed lot size | 0.1 | |
| Stop settings | Stop Loss & Take Profit | |
| Stop loss | 0 | Stop loss distance |
| Take profit | 0 | Take profit distance |
| Trailing stop settings | Trailing Stop | |
| Use trailing stop | true | Trailing stop distance or switch |
| Trailing stop | 200 | Trailing stop distance or switch |
| Min profit | 100 | |
| Step | 10 | Distance between orders |
| Fast ma settings | Fast Moving Average | |
| Fast ma period | 5 | Period or timeframe used by the calculation |
| Fast ma method | MODE_EMA | |
| Fast ma price | PRICE_CLOSE | |
| Min cross spread | 10 | Maximum spread allowed to trade |
| Slow ma settings | Slow Moving Average | |
| Slow ma period | 20 | Period or timeframe used by the calculation |
| Slow ma method | MODE_EMA | |
| Slow ma price | PRICE_CLOSE |
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 · Trailing Stop & Break-even · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code