The Loss Less M A Expert Advisor is a simple yet powerful Vertex F X client-side script that trades market trends based on two moving averages.
It uses a Fast (simple) Moving Average and a Slow (simple) Moving Average to determine the market trends.
When the Fast Moving Average crosses above the Slow Moving Average, it is considered a BULLISH or (BUY) signal, whereas when the Fast Moving Average crosses below the Slow Moving Average it is considered a BEARISH or (SELL) signal.
When the Fast Moving Average crosses above the Slow Moving Average, a BUY or (LONG) trade is opened at market, if the number of already opened trades is below MAX_DEALS. On the contrary, if the Fast Moving Average crosses below the Slow Moving Average, a SELL or (SHORT) trade is opened at market, if the number of already opened trades is below MAX_DEALS.
If the Fast Moving Average is below the Slow Moving Average, then the stop-loss of all open LONG or (BUY) trades is moved to entry price plus spread. On the contrary if the Fast Moving Average is above the Slow Moving Average, then the stop-loss of all open SHORT or (SELL) trades is moved to entry price minus spread.
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