Forex Expert Advisor Linear Weighted MA-Cross

The Linear Weighted MA-Cross Expert Advisor is an FXCM optimized trading robot. The advisor is free and works only on MetaTrder4 trading terminal. The strategy used by the advisor consists of placing buying or selling orders in dependence on the relationship between the two Linear Weighted Moving Averages, the quick and the slow ones. The above described method is applied because the accent it put on recent price information in comparison to the Simple Moving Average. The stop-loss and take-profit are available in the advisor. The indicators used by the advisor are LinearWeightedMAfast and LinearWeightedMAslow. Linear Weighted MA-Cross opens all trades at the close of the current candle. Multi-trades are not available in the advisor.

Developer FXCM
Class short and long term
Type trend
Lot size not less than 1000 units per 0.1 of a standard lot
Deposit 500
Leverage 500
Timeframes from M1 and higher
Strategies Linear Weighted MA strategy
Indicators LinearWeightedMA indicators
Recommended brokers FXCM
Trading tool/currency pairs EURUSD, GBPUSD
Yield per annum, % 42.77
Max.drawdown, % per annum 12.29
Rating 6.9
Automatic account type
Indicating
Multiple usage
Free
Mini deposits
Max risk limitation
ECN
NDD
Several one-way series
Auto start lot
Fixed stop loss
Fixed takeprofit
Automatic lapse expansions
Created, year 2015

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