Simple Moving Average
Version 1.0 – By John Signer, Pulse Algorithms
Free
The Simple MA EA is an automated trading system for MT5 that trades based on a straightforward moving average strategy. It executes one trade per day when price crosses above or below a chosen moving average, applying risk-based position sizing and fixed stop-loss/take-profit levels.
Key Features
MA Crossover Logic – Opens buy trades when price crosses above the moving average, and sell trades when price crosses below.
One Trade per Day Rule – Ensures only a single position is opened daily, avoiding overtrading.
Risk Management – Lot size automatically calculated from account balance and selected risk percentage.
Customizable Settings – Choose moving average period, method (SMA, EMA, etc.), stop-loss %, and take-profit %.
Fully Automated Execution – The EA monitors price movements and manages entries and exits without manual input.
Technical Details
Platform: MetaTrader 5 (MT5)
Strategy Type: Moving average crossover (trend-following, simplified)
Risk Control: Auto lot sizing by % risk, stop-loss and take-profit by price %
Version: 1.0 (2025 release)
Fits all market types (forex, crypto, indices), with parameters originally tested on NASDAQ.
Package Includes
Expert Advisor file (.mq5)
Setup guide with recommended parameters