The 2 Lines of Moving Average Metatrader 4 Forex Robot is an expert advisor that is deployed in view of trading PAMM accounts.
A large minimum deposit of $1500 – $2000 is required when trading the 2 Lines of Moving Average EA.
Values of the Moving Average indicator are used for trading but the set of logic that defines a buy trigger is characterized by a fast moving average line aligning above the slow moving average line while the distance between the two lines is bigger than specified.
A sell position is triggered if the reverse takes place, a fast moving average line aligning below the slow moving average line while the distance between the two MA lines is bigger than specified.
Strategy Tester Report
Find below the 2 Lines of Moving Average forex robot strategy tester report for the EUR/USD forex pair on the daily chart.
The EA made a total profit of $5155.43 from a total of 2352 trades. The largest winning trade generated $9329.30 in profits, while the largest losing trade generated a loss of-$5997.60.
Bars in test:
Initial deposit: $25000.00
Total net profit: $5155.43
Total trades: 2352
Largest profit trade: $9329.30
Largest loss trade: -$5997.60
Consecutive wins: 2
Consecutive losses: 3
MT4 Forex Robot Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: Expert advisor
Input Parameters: 0, TradeMode, 1, Period_, Shift, Method_MA, Apply_to, 2, Period, Shift, Method_MA, Apply_to, 3, 3_1, Lotconst_or_not, Lot, RiskPercent, 3_2, FirstLotMultiplicator, First_LotSize, First_LotSize, First_LotSize_TakeProfit, Firsh_MaxLotSize…
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Copy and paste the ma_v_1_3_3.mq4 into the MQL4 Experts folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Experts (paste here)