Moving Averages Expert EA is a type of automated trading strategy that utilizes two different moving averages to generate buy and sell signals. The moving averages are based on historical price data, and they are used to identify trends and determine the direction of the market. This EA by default generates buy signals when the fast moving average crosses above the slow moving average , indicating that the market is trending upwards. Conversely, sell signals are generated when the fast moving average crosses below the slow moving average, indicating that the market is trending downwards.
This expert advisor can be used on a variety of financial instruments, including stocks, forex, and commodities. The following settings were tested on EURUSD.
INPUTS
Fast MA period = 115
Fast MA price = PRICE_MEDIAN
Slow MA period = 18
Slow MA price = PRICE_CLOSE
TIMEFRAME = H1
OR
Fast MA period = 241
Fast MA price = PRICE_LOW
Slow MA period = 18
Slow MA price = PRICE_CLOSE
TIMEFRAME = H1
OR
Fast MA period = 122
Fast MA price = PRICE_OPEN
Slow MA period = 18
Slow MA price = PRICE_CLOSE
TIMEFRAME = H1
