Linear Weighted MA-Cross Forex Expert Advisor

Linear Weighted MA-Cross – Forex Expert Advisor

Linear Weighted MA-Cross trading advisor is a trading robot, optimized for work on trading accounts of FXCM. Expert Advisor is free, but its use is limited to work only in the MetaTrader4 terminal. The trading strategy used by the Expert Advisor is to place trade orders to buy or sell, depending on the position of two weighted average linear moving, fast and slow. This method is used because the strategy focuses on recent price information compared to the Simple Moving Average value. Thus, the trading system uses LinearWeightedMAfast and LinearWeightedMAslow indicators. Linear Weighted MA-Cross Expert Advisor opens all deals at the closing of the current candlestick. The Expert Advisor is not intended for making several deals simultaneously.

WorkerFXCM
Executive classShort- and medium-term
Type of Expert Advisor trendy
Size of the lot no less than 1000 pips for 0.1 of the standard lot
Size of deposit, $500
Hand500
Timeframes from M1 and above
StrategiesLinear Weighted MA
IndicatorsLinearWeightedMA
Recommendationed brokersFXCM
Pair tool/forexEURUSD, GBPUSD
Yield, % p.a.42.77
Max. drawdown, % p.a.12.29
Rating6.9
Autonomous account type
Indicator
Multiple use
Free use
Mini deposits
Maximum risk limit
ECN
NDD
Many series in one direction
Automatic start lot
Fixed stop-loss
Fixed Take Profit
Automatic shoulder
Created, year2015
What is a Forex Expert Advisor?

In connection with the popularization of automated trading, many investors ask themselves what is a Forex Expert Advisor? First of all, it is a special program required to manage the trading process automatically, i.e. without the trader’s participation. A trader invests in the robot in advance, a kind of algorithm, the conditions on the basis of which the subsequent market activity is carried out.

How do forex advisors work?

When you trade manually, you need to analyze the market yourself, take into account the forex forecast for the current day, forex news and choose the entry points to the market. However, it is also possible to trade automatically, using special programs that do most of the work for a trader – forex advisors.

Why shouldn’t beginners trade with Forex Expert Advisors?

Trading involves obtaining a great deal of knowledge – understanding the functioning of the market and various nuances, including the ability to apply technical and fundamental analysis. Forex Expert Advisors, i.e. the programs used for automatic trading, cannot help it.

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