MAverage Spider EA is an expert advisor that uses three moving averages , either long or short trades. While MA3 is used for trend, MA1 and MA2 are used for entry signals and trade out , by crossing of them. Stochastic Oscillator and On Balance Volume OBV can be configured as a filter for entry signals . Stochastic can be used to trade out .
Indicators:
- Moving average 1.
- Moving average 2.
- Moving average 3.
- Stochastic Oscillator.
- On Balance Volume.
Features:
- Fully automated trading.
- Smart moving averages crossing trade in signal.
- Smart Stochastic or Bollinger trade out.
- NO Martingales.
- Easy to configure, test and run.
Settings:
- Robot: MAverage Spider EA 1.00 (Name of your robot – expert advisor)
- Magic number: 55590 (Magic number to specify orders)
- Basic lot size: 0.1 (Lot size of each order)
- Symbol digits: 5 (Number of digits of each symbol, ex: EURUSD – 5)
- Maximum volume (Symbol - 0 if automatic and not backtest): 500 (Copy maximum volume per symbol or 0 to automatic)
- Trade behavior (true - trend, false - against trend): false (Trade with trend or not)
- Maximum number of opened orders: 20 (Maximum simultaneous orders)
- Maximum spread to open orders: 10 (Maximum spread)
- Maverage 01:: 4 (Moving average 01 period)
- Exponential moving average 01: true
- MAverage 02: 56 (Moving average 02 period)
- MAverage 02 timeframe: H1 ( H1, H2, H3, H4, H6, H8, H12, M30, M20, M15, M12, M10, M6, M5, M4, M3, M2, M1, 0 - current)
- Exponential moving average 02: true
- MAverage 03: 85 (Moving average 03 period)
- MAverage 03 timeframe: H4 ( H1, H2, H3, H4, H6, H8, H12, M30, M20, M15, M12, M10, M6, M5, M4, M3, M2, M1, 0 - current)
- Exponential moving average 03: false
- Stochastic period: 23 (Stochastic period)
- Stochastic %K: 5 (Stochastic %K)
- Stochastic %D: 9 (Stochastic %D)
- Stochastic timeframe: H1 ( H1, H2, H3, H4, H6, H8, H12, M30, M20, M15, M12, M10, M6, M5, M4, M3, M2, M1, 0 - current)
- Exponential Stochastic: true
- Stochastic filter - trade in enable: false (Enable Stochastic entry signal filter)
- Stochastic down limit to in - for long orders: 20 (Stochastic down limit for entry signal)
- Stochastic up limit to in - for short orders: 80 (Stochastic upper limit for entry signal)
- Stochastic filter - trade out enable: true
- Stochastic up limit to out - for long orders: 80 (Stochastic upper limit for trade out)
- Stochastic down limit to out - for short orders: 54 (Stochastic upper limit for trade out)
- OBV Enable: true (Enable OBV trade in filter)
- Growth volume on crossing:: true (Enable bigger volume on crossing)
Recommended symbol: EURUSD.
Recommended timeframe: H1.
