Example robot for MetaTrader 5
EMA Cross Trend
Follows the trend on EURUSD, one hour at a time. It buys when a fast moving average crosses above a slow one while the price is above its long-term average, and sells on the opposite cross.
- Market
- EURUSD
- Bars
- 1-hour bars (H1)
- Clock
- UTC
- What it does
- Opens trades
When we open, you will be able to open this robot in the builder, change what you like and check it. Join the waitlist and we will email you once.
The rules, in plain words
Each rule is one or more blocks in the builder. Every number will be changeable before you check the robot.
- When
- Every time a 1-hour bar closes, Monday to Friday, between 07:00 and 20:00 UTC (the London and New York sessions).
- Buy if
- The 21-bar EMA has just crossed above the 55-bar EMA, and the last closed bar is above the 200-bar EMA.
- Sell if
- The 21-bar EMA has just crossed below the 55-bar EMA, and the last closed bar is below the 200-bar EMA.
- Then
- It opens one trade with a stop loss 2 x ATR (14 bars) away and a take profit at twice the risk (2R). Once the trade is 1R in profit, a trailing stop follows the price at 2 x ATR.
- Trade size
- Each trade risks 1% of the account, and is never bigger than 5 lots.
Its safety limits
When a limit is reached, the robot stops opening new trades. You can change the numbers, but you cannot delete the limits.
Daily loss limit3%
After a 3% loss in one day, counted from the balance at 00:00 UTC, it opens no new trades until the next day.
Stop loss on every trade2 x ATR
Each trade closes by itself if the price moves 2 x ATR (14 bars) against it.
Trading hours07:00 to 20:00 UTC
It opens trades only in these hours, Monday to Friday.
Most trades open at once1
It waits for its trade to close before it opens another.
Trades per day3
After three trades in one day it waits for the next day.
Wait between trades2 bars
After a trade closes it waits two bars before the next one.
Open risk at most2%
It opens no trade that would put more than 2% of the account at risk at once.
Biggest trade size5 lots
A trade bigger than this is not placed.
Spread at most30 points
When the spread is wider than this, it waits.
What it does not do
Every robot here does only what its blocks say. These are the things people often expect from a robot that this one does not do.
A limit stops new trades. It cannot stop prices from jumping, so a loss can sometimes go past the limit you set. More on the safety page.
EMA Cross Trend
Not this
- It opens no trade outside its hours.
- It holds one trade at a time, and never makes a trade bigger after a loss.
- It does not add to a losing trade.
- Past results do not tell you what will happen next.
Build it, test it, get it
When we open: open the robot in the builder, change what you like, and press Check. Then test it on past prices in your own MetaTrader 5, and get it for your accounts.
The step-by-step guide covers every click, from the builder to a running robot.
Three steps
From this page to your chart
Build. When we open, press Open it in the builder, change any number, then press Check. The builder says what is missing, in plain words. Building a robot
Test. Download the free test copy and run it in the Strategy Tester. For this robot choose EURUSD and H1. Testing a robot
Get it. Enter the MetaTrader 5 account numbers it may run on. You will pay once for each robot, and we will email you when it is ready to download. The account lock
Questions about this robot
More answers on the questions page.
What is an EMA?
An EMA (exponential moving average) is the average price of the last N bars, with the newest bars counting for more. A short average (21 bars) follows the price closely; a long one (200 bars) shows the direction of the last few weeks.
What does 2R mean?
R is the amount the trade risks: the distance from the entry price to the stop loss. A take profit at 2R is twice that distance in the other direction. If the stop loss is 20 points away, the take profit is 40 points away.
Can I change the averages or the hours?
Yes. Every number is a block you can change in the builder: the periods of the averages, the hours, the limits and the trade size. The safety limits stay; only their numbers change.
More example robots
MACD Trend with Daily Loss Limit
Trades EURUSD on 30-minute bars when the MACD crosses its signal line and the market is trending. Its daily loss limit and total loss limit are set from a prop firm's published rules, and it stays out around big news.
- Market
- EURUSD
- Bars
- 30-minute bars (M30)
- What it does
- Opens trades
Read its rules
RSI Mean Reversion
Buys GBPUSD when the RSI says it is oversold and the price is above its long-term average, sells when it is overbought below that average, and gets out when the RSI returns to the middle.
- Market
- GBPUSD
- Bars
- 15-minute bars (M15)
- What it does
- Opens trades
Read its rules
London Breakout
At 08:00 London time it places one order above and one below the night's price range on GBPUSD. The first order to fill cancels the other, and everything is closed before the weekend.
- Market
- GBPUSD
- Bars
- 1-hour bars (H1)
- What it does
- Opens trades
Read its rules
Join the waitlist
We will email you once, when TheTradingRobot opens.