Simple MA Cross EA
Logic:
- Trend-Following:
- Uses two moving averages (MA) of different periods to determine the trade direction.
- A buy signal is generated when the fast MA crosses above the slow MA; a sell signal is generated when the fast MA crosses below the slow MA.
- Order Management:
- Manages open orders by closing opposite trades when a new crossover signal occurs.
- Incorporates initial Stop Loss (SL) and Take Profit (TP) settings for each trade.
- Adjusts order placement based on the type of broker (ECN or non-ECN).
- Provides information on current profit and active orders, with an option to display or hide this information.
