A Free Trend Following Expert Advisor

Discussion in 'Forex' started by aparsai, Mar 8, 2009.

  1. aparsai


    Thanks to one of my students, I have developed a simple Expert Advisor that trades based on moving averages. Visit http://www.forexbrace.com/content/view/181/77/ for more information and download a free copy.

    Your comments are welcome.
  2. Moving Average crossovers, not exactly a novel idea :)

    What time frame are you using this on?
    What about whipsaws in ranging markets?
    How are you confirming a trend is established in order to avoid ranging markets?

    In my opinion moving averages crossing over always look pretty on historical charts, in live trading it's a different story!
  3. aparsai


    The EA is an educational EA to show how to automate a trading strategy. The strategy itself is very basic and I do not expect it to generate profit at all. If you read the article it explains that the EA is not for live trading at all.

    Thanks for your input.