This EMA forex robot places long and short trades based upon the slope of an 11 period exponential moving average. The robot will go long when the slope is going up and short when the slope is going down.
You can modify the EMA period, the slope, take profit and stop-loss level. Feel free to experiment with the default EA settings until you find one that works best for your preferred time frame.
Buy trade: Places a long trade when the slope of the 11 period exponential moving average (EMA) is pointing up.
Sell trade: Places a short trade when the slope of the 11 period exponential moving average (EMA) is pointing down.
Currency pairs: any
Best Time frames: 30 min charts and higher time frames
Download the Arttrader-FX-Robot.ex4.
Configurable Expert Advisor Options
EMA period, Lots, stop-loss (pips), take profit (pips), slope, slippage, …