Moving Average Expert Advisor Setup - Setting Up Moving Average Expert Advisor

Moving Average Expert Advisor Setup - Setting Up Moving Average Expert Advisor - A trader can come up with an Moving Average Expert Advisor based on the Moving Average indicator explained below.

Moving Average Expert Advisor rules can be combined with other Forex trading indicators to come up with other EA Robots that trade using rules based on two or more indicators combined to form a trading system.

Moving Average Technical Analysis and Moving Average Signals

An technical indicator which calculates the average value of prices (or any specified data series) over a pre determined period of time.

The only significant difference between the various types of MAs is the weight allocated to the most recent data. Simple moving averages apply equal weight to the prices. Exponential & weighted averages apply more weight to recent prices.

Explanation

The most popular method of interpreting the MA is to compare the relationship between the MA of the price with the price itself. A buy signal is generated when the price rises above its MA and a sell signal is generated when the price falls below its MA.

MA Indicator - Forex Moving Average Expert Advisor Setup

Buy & Sell Signals generated by MA crossing above or below the price action.

Moving Average Crossover Strategy

Also popular are various types of moving average cross-over systems. Such systems often include two or more moving averages crossing above/below each other and perhaps even utilizing other technical indicators as additional entry and exit confirmation signals. Combinations of conditions for these types of systems are almost limitless.

Moving Average Crossover System - Moving Average Expert Advisor Setup