Forex Linear Weighted MA on EurUsd Robot

Forex Linear Weighted MA on EurUsd Robot review:

Forex Linear Weighted MA on EurUsd Robot uses Linear Weighted Moving Average to place pending stop orders, in combination with Dark Cloud Cover and Piercing Line candle formations . The closing of the orders is done using the newly formed highs or lows of the price .

The EA is made for long term trading and it is built specially for EUR/USD pair .

Recomended TIMEFRAME H1 .

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Pair EUR/USD .

Parameters : Lots-for fixed lot size .

Manage Lot- true/false;

Risk Percent – if Manage Lot is set to true ;

StopLoss / Take Profit ;

LWMA Period ;

The expert also has Trail Stop and Breakeven functions .

Test results:

Forex Linear Weighted MA on EurUsd Robot

Parameters:

Installation

Copy and paste the file into the MQL4 Experts folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Experts (paste here)

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