Trading Robots for MetaTrader 5
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MetaTrader 5
Top Rated Products MT5
Overview
EMA Crossover EA ATR Final
Automated Expert Advisor for MetaTrader 5 – EMA Crossover • RSI Filter • ATR-Based SL/TP • Trailing Stop • LINE Notify
Product Overview
EMA Crossover EA ATR Final is a turnkey Expert Advisor engineered to trade Forex pairs and Gold (XAUUSD) on MT5. It generates entry signals when a fast EMA crosses a slow EMA, confirms them with RSI, and automatically sets Stop Loss and Take Profit levels based on ATR. A built-in trailing stop locks in profits, and all trade executions (or failures) are pushed to your LINE app via LINE Notify.
Key Features
-
EMA Crossover Strategy
Enter long when EMA-Fast crosses above EMA-Slow; enter short on the reverse. -
RSI Signal Filter
Avoid false breakouts by requiring RSI to confirm overbought/oversold conditions. -
ATR-Based SL/TP
Automate Stop Loss and Take Profit distances using configurable ATR multipliers. -
Dynamic Trailing Stop
Move Stop Loss to secure gains as the trade moves in your favor. -
Position Management
Close any existing trade in the same direction before opening a new one. -
LINE Notify Integration
Receive real-time alerts for every order filled or any execution errors. -
Fixed Magic Number
Distinguish EA trades from manual orders for safer operation.
Input Parameters
| Category | Parameter | Default | Description |
|---|---|---|---|
| Trend Filter | EMA_Fast_Period | 9 | Period for the fast EMA. |
| EMA_Slow_Period | 21 | Period for the slow EMA. | |
| Momentum | RSI_Period | 14 | Period for the RSI indicator. |
| RSI_Overbought_Level | 55 | RSI threshold above which long entries may be filtered out. | |
| RSI_Oversold_Level | 45 | RSI threshold below which short entries may be filtered out. | |
| Volatility | ATR_Period | 14 | Period for the ATR indicator. |
| ATR_SL_Multiplier | 1.0 | Multiplier applied to ATR to calculate Stop Loss distance. | |
| ATR_TP_Multiplier | 2.0 | Multiplier applied to ATR to calculate Take Profit distance. | |
| Risk Control | LotSize | 0.02 | Fixed lot size per trade. |
| Order Settings | Slippage | 2 | Maximum slippage allowed (in pips). |
| TrailingStopDistance | 300 | Trailing stop distance (in pips). | |
| Notifications | LineNotifyToken | — | Your LINE Notify access token (paste your token here). |
Installation & Setup
-
Copy EA File
Place EMA_Crossover_EA_ATR_final.mq5 into your MQL5/Experts folder. -
Copy Include Files
Ensure Trade.mqh , Logger.mqh (and any other required .mqh files) reside in MQL5/Include . -
Restart MT5
-
Attach EA
Drag the EA onto your desired chart (recommended: XAUUSD, EURUSD, GBPUSD) on M5–H1 timeframes. -
Configure Inputs
Adjust parameters to suit your risk tolerance and market conditions. -
Enable AutoTrading
Click “AutoTrading” in MT5.
Best Practices & Precautions
-
Backtest Thoroughly: Run at least 6 months of historical data before going live.
-
Avoid High-Impact News: Disable EA around major economic announcements.
-
Optimize Parameters: Fine-tune ATR multipliers and trailing distances for each symbol’s volatility.
-
Money Management: Ensure account size supports your chosen lot size and risk settings.
-
Monitor Notifications: Watch LINE alerts for execution failures or unexpected behavior.
Support & Customization
Need help or bespoke adjustments? Contact the developer via the LINE ID or email provided in the source code.
