three moving average ea (x3ma ea)
Info
The three moving average ea (x3ma ea) is a Expert Advisor for MetaTrader 4 that x3ma, it uses 3 fast mas to determine entries and exits as well in an event of a crossover. the ea works great for all brokers and all currency pairs on m15.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Experts folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use three moving average ea (x3ma ea)
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
x3ma, it uses 3 fast mas to determine entries and exits as well in an event of a crossover.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 4. Place the file in the MQL4/Experts folder and restart the terminal.
Description & Settings
Related: e-moving in wl2: automated stop loss adjustment - another powerful expert for MetaTrader 4 traders.
x3ma,
it uses 3 fast mas to determine entries and exits as well in an event of a crossover.
Also recommended: moving average grid ea - similar expert with strong performance on MetaTrader 4.
the ea works great for all brokers and all currency pairs on m15. if you are trading commodities with high spreads kindly use high time frames to get the best out of it.
proper trade management should be used as you are the one to determine when to closes. if the ea is to determine when to close then you may end up in losses while you had good decent profits. over 85% of all the trades usually materialize to profits.
note: kindly use key areas to determine your exits while using this ea.
hope it will help you all. happy trading
You may also like: three neural networks across three different timeframes - excellent alternative for expert users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
extern double order_lot=0.1;
extern bool money_management=true;
extern double risk_percent=10;
extern double take_profit=0; //fixed takeprofit in pips (0=no takeprofit)
extern double stop_loss=0; //fixed stoploss in pips (0=no stoploss)
extern double equity_stop_loss_percent=20;
extern double equity_take_profit_percent=20;
extern double range_gap_pips=0.2;.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.