Introduction
The PZ MA Crossover EA MT5 is a free Expert Advisor for MetaTrader 5 developed by Point Zero Trading Solutions. The current released version is 4.2, updated on 13 September. It automates trades based on moving average crossover signals using fully customizable technical and trade‑management settings.
Trading Logic and Signal Modes
This EA executes trades when a configured fast moving average crosses a slower one. When the fast MA crosses above the slow, a bullish (buy) signal is triggered; when it crosses below, a bearish (sell) signal occurs. It supports four trading modes:
- Regular mode: buy on bullish crossover, sell on bearish crossover
- Inverse mode: sell on bullish crossover, buy on bearish crossover
- Only buy mode: trade only on bullish crossovers
- Only sell mode: trade only on bearish crossovers
These modes allow directional control according to strategy preferences.
Moving Average Customization
Users can select both period length and MA type (e.g. simple, exponential, linear weighted, smoothed) for fast and slow averages. That enables adaptation across different markets, instruments, and timeframes.
Position and Trade Management
Key adjustable trade-management features include:
- Stop‑loss, take‑profit, break‑even, trailing‑stop, and trailing‑step settings
- Option to automatically close existing trades when opposite crossover signals occur
- Time filters: restrict trading to specific hours, sessions (Asian, European, American), or weekdays
These parameters enable precise control over risk and execution timing.
Money Management Options
The EA provides four risk-sizing modes:
- Fixed lot size
- Auto lot size based on risk percentage of account
- Martingale (doubling after a loss)
- Inverse Martingale (doubling after a win)
Users can choose approaches tailored to their tolerance and strategy.
Compatibility and Environment
The EA functions with both ECN and non‑ECN brokers, supports instruments with 2‑ to 5‑digit quotes, and can be configured to observe FIFO/NFA restrictions. It operates across all symbols and timeframes once optimized. Its trade logic does not repaint or modify entry signals after execution, making it reliable for live trading.
Developer Background and Version History
The EA was developed by a private investor and software engineer operating under the Point Zero Trading Solutions brand. Version 4.2 was released on 13 September. The original MT5 version dates to an earlier period, and the EA has received periodic updates.
Backtesting and Performance
Backtesting performed via built‑in MetaTrader Strategy Tester is recommended before live deployment. While some users report profitable setups on specific currency pairs and timeframes, performance is highly dependent on configuration. Any observed results are based on historical data and not a guarantee of future performance.
Known Strengths and Limitations
Strengths include:
- Straightforward trend‑following logic
- Rich parameter flexibility for MA settings, money management, and trade filters
- Free access and no subscription
- Compatible across many broker setups and symbol types
Limitations:
- Vulnerable to ranging market conditions, where MA crossover signals are less effective
- Risky exposure if Martingale modes are used without proper risk controls
- Backtesting and optimization should be conducted for each symbol and timeframe to assess viability
Feature Summary
| Feature | Description |
|---|---|
| Strategy Basis | Fast MA crosses slow MA |
| Trading Modes | Regular, inverse, only buy, only sell |
| MA Customization | Choose MA type and period for fast/slow |
| Position Management | SL, TP, trailing stop, break-even, opposite‑signal closure |
| Timing Filters | Session, hour, weekday restrictions |
| Money Management | Fixed lot, auto‑risk, Martingale, inverse Martingale |
| Broker Compatibility | ECN/non-ECN, multi‑digit symbols, FIFO/NFA compliance support |
| Version | 4.2 |
| Cost | Free |
| Developer | Point Zero Trading Solutions |
Operational Considerations
Users are advised to conduct thorough backtesting and forward testing using demo or simulation accounts. Optimization of moving average periods, trade timing, and risk settings is essential to fit each market and timeframe. Martingale modes involve elevated risk and should be handled cautiously or avoided. Users should monitor performance regularly and adjust parameters based on evolving conditions.
Conclusion
PZ MA Crossover EA MT5 offers a well-structured free solution for automating moving average crossover strategies on MetaTrader 5. With customizable signal modes, robust position and money management, and broad compatibility across brokers and symbols, it’s suited for users looking to build or test trend-following systems. Success depends on optimization and market context, and historical performance does not guarantee future results.
