Short Story

This is a very simple trend based Forex Robot Strategy. We are looking to crowd fund the development of this EA so that it can be made available to the people participating in the project. This would enable the EA to be provided at an affordable to cost to the clients who decide to be part of this crowd funding enabled project.

Lets’ make it possible.

If you have an idea for a forex robot and would like it to be made available at an affordable price then please send us the details here.

 

3 Simple Moving Average Crossover Forex Trading Robot For MT4- Crowd Fund It

by GoTrade4Me XIONG

  • $100.00

    Funding Goal

  • $0.00

    Funds Raised

  • 0

    Days to go

  • Target Goal

    Campaign End Method
Raised Percent :
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Minimum amount is $5 Maximum amount is $100
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WorldWide, India

GoTrade4Me XIONG

4 Campaigns | 0 Loved campaigns

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Campaign Story

The 3 Simple Moving Average Crossover Forex Trading Strategy For MT4 is based on 3 simple moving averages (SMA) with different periods for the calculation.

The developer of the system selected a period of 13 for the fastest SMA, a period of 26 for the middle SMA and a period of 100 for the slowest SMA.

If you put 3 SMAs on a chart with different periods then you will see that during strong moving markets the SMAs are always arranged in the same way. The fastest SMA will be close to the actual price action. A little bit further away you will see the middle SMA and the slowest SMA will have the biggest distance from the actual price.

This trading strategy is based on exactly such a positioning of the SMAs. With this system you want to enter into strong moving markets and you want to ride the next swing into the direction of the strong trend.

Buy Entry Rules:

1. The 3 SMAs are showing a strong upward trend

2. The price makes a pullback against the direction of the trend

3. As soon as the price make a new high then the buy position is entered

Sell Entry Rules

1. The 3 SMAs are showing a strong downward trend

2. The price makes a pullback against the direction of the trend

3. As soon as the price make a new low then the sell position is entered

 

Features to be included in the EA

FixedLotSizeInput

PercentageRiskOfEquityBasedLotSize

MultipleTradesActivate (or just one trade per trend setup)

StopLoss

TakeProfit

Trailing Stop Feature

 

 

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