Download “FREE EXPERT ADVISOR - ALGORITHMIC TRADING SYSTEM – EXPONENTIAL MOVING AVERAGE CROSSOVER 50 20 FOR METATRADER5 DEMO ACCOUNTS”ALGORITHMICTRADINGSYSTEM20200106-Demo-EMA-50-20Crossover.zip – Downloaded 366 times – 93.94 KB
The crossover entry is very popular, because it is easy to understand.
Whenever we see a crossover for the two moving average, we have either a buy or a sell signal.
Actually an entry signal is only a part of what I consider to be a system.
It is possible to make a profit with almost every entry signal, but I need to admit that there are differences.
For example, I need to use much higher risk levels for the crossover entry we use in this strategy test series to get acceptable results.
That is why I prefer the Bollinger Bands entry.
It is not an outstanding solution for anything, but it is pretty stable for a lot of use cases.
Another thing is that crossover signals can be created for several different values and settings.
This is an exponential moving average, but it would also be possible to use a simple moving average.
And we are using an exponential moving average for 20 and one for 50 candles, but we could also change those values.
After all it is about the results and you need to decide for yourself if the crossover entry is a good fit for you.
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It will work with original Metatrader 5 demo accounts.
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