Ema-Trail
17 $
11 $
This Expert Advisor (EA) is a trading strategy for MetaTrader 4 that operates based on Moving Averages and Trailing Stop. Its main goal is to automatically open buy and sell positions and, using risk management and specific trading rules, aim for profit. Here is a more detailed explanation of the features and working of this EA:
Ema Trail, Moving averages Forex
This Expert Advisor (EA) is a trading strategy for MetaTrader 4 that operates based on Moving Averages and Trailing Stop. Its main goal is to automatically open buy and sell positions and, using risk management and specific trading rules, aim for profit. Here is a more detailed explanation of the features and working of this EA:Features
- Trading Logic: Uses EMA crossover strategy and momentum analysis for buy/sell signals.
- Buy Conditions: EMA(6) crosses above EMA(14).
- Sell Conditions: EMA(6) crosses below EMA(14).
- Trailing Stop: Adjusts the stop loss dynamically based on
TrailingStartandTrailingStepparameters. - Risk Management: Verifies free margin before opening trades.
- Order Management: Automatically closes orders based on conditions.
- Momentum Score: Evaluates momentum using SMA for further confirmation.
| Version | 1.00 |
|---|---|
| Type | Expert Advisor |
| Compatibility | MT4 |
| Trading Hours | All Times |
| Custom Inputs | Lots, Trailing, Stop Loss, Take Profit, ECN |
| Timeframes | M1 and M5 |
| Strategy Type | Scalping,Trend Following |
| Supported Pairs | ALL |
| Risk Management | Auto stop at high loss, Trailing Stop |
| Outputs | Automatic Buy/Sell |
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