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 indicators to come up with other Expert Advisor Bots that trade using rules based on two or more indicators combined to form a system.

MA Analysis and MA Signals

An indicator which calculates the average value of prices (or any given data sequence) over a predetermined period of time.

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

Explanation

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

MA Indicator - Forex Moving Average Expert Advisor Setup

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

Moving Average Cross-over 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 & perhaps even utilizing other indicators as additional entry and exit confirmation signals. Combinations of conditions for these types of systems are almost limitless.

MA Crossover System - Moving Average Expert Advisor Setup