MT4 Built-in EAs

saucebook

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Hi all - does anyone have a link to a detailed discussion of the Moving Average EA which comes installed as default with MT4? Or does anyone have experience of using it? I seem to have tripped over some parameters which are working for me over the past few days but there are a couple of big warning flags. 1 - backtesting produces lousy results over any time period. 2 - when I apply a similar period moving average indicator over the chart it bears no relation to when trades are actually being opened and closed.

Very pleased that this freebie is currently working better than the ones I've paid thousands for, but I'd prefer to know why...
 
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