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.
|Class||short and long term|
|Lot size||not less than 1000 units per 0.1 of a standard lot|
|Timeframes||from M1 and higher|
|Strategies||Linear Weighted MA strategy|
|Trading tool/currency pairs||EURUSD, GBPUSD|
|Yield per annum, %||42.77|
|Max.drawdown, % per annum||12.29|
|Automatic account type|
|Max risk limitation|
|Several one-way series|
|Auto start lot|
|Fixed stop loss|
|Automatic lapse expansions|
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