just like any trend following system, moving averages works well in a trend over a longer time frame. Losses are part of trend-following. Trick is to make sure the losses are small while waiting for the big trend. You can experience losses for months or for over a year but you can right the trend too over long periods. see the eur/usd from early to mid 2000s.
Can anyone help update the code in this ea, as the ea isn't working on the most recent mt4 platform. i tried backtesting with this ea but trades were not taken by it... The journal showed some errors of some sort.
