Author of the Idea: ITM7 (inspired by Requests & Ideas (MQL5 only!))
MQL5 Code Author: Vladimir Karputov.
New Additions:
We've swapped out the call to iMA for a call to Custom Moving Average Input Color. When you run this EA in backtesting or on your live chart, you'll see the Moving Average indicators displayed in different colors:

This strategy focuses on the crossover of two iMAs (Moving Averages), with an additional iMA serving as a filter.
Position Lot Calculation: You can either calculate it manually or set it as a percentage of your account balance.
Trading Method: You can use Stop, Market, or Limit orders. The EA will also automatically set your Stop Loss, Take Profit, and Trailing Stop levels.
Input Parameters: (new features are highlighted)
- First Moving Average Parameters
- Period of the first Moving Average
- Shift of the first Moving Average
- Method of the first Moving Average
- Color of the first Moving Average
- Second Moving Average Parameters
- Period of the second Moving Average
- Shift of the second Moving Average
- Method of the second Moving Average
- Color of the second Moving Average
- Third Moving Average Parameters
- Third indicator Moving Average - filter
- Period of the third Moving Average
- Shift of the third Moving Average
- Method of the third Moving Average
- Color of the third Moving Average
- Money Management Parameters
- true -> manual lot size, false -> percentage of risk from balance
- Lots (only use if lot size is manual)
- Trading Parameters
- Risk percentage per trade from balance
- (in pips) <0 -> Stop orders, =0 -> Market, >0 -> Limit orders
- Stop Loss (in pips)
- Take Profit (in pips)
- Trailing Stop ("0" -> no trailing)
- Trailing Step (use if Trailing Stop >0)
- Magic Number
- Slippage
Related Posts
- Creating an Expert Advisor for Dark Cloud Cover and Piercing Line Patterns with CCI Confirmation
- Harnessing MQL5 Wizard for Trading Signals: 3 Black Crows & 3 White Soldiers with MFI
- Creating a Stochastic-Based EA for Hammer and Hanging Man Patterns in MetaTrader 5
- Creating Powerful Trade Signals with MQL5 Wizard: Bullish and Bearish Engulfing Patterns + RSI
- Leveraging MQL5 Wizard: Crafting Trade Signals with Meeting Lines and Stochastic