Exp Sinewave2 x2: Trend-Following Trading System
Info
The Exp Sinewave2 x2: Trend-Following Trading System is a Expert Advisor for MetaTrader 5 that exp sinewave2 x2 is a trend-following trading system that utilizes signals from two indicators. The first indicator establishes the direction of the slow trend by observing the positions of its main and signal lines.
Usage
This tool is typically used for trend following strategies across multiple currency pairs.
Platform
This Expert Advisor works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Experts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use Exp Sinewave2 x2: Trend-Following Trading System
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
Exp Sinewave2 x2 is a trend-following trading system that utilizes signals from two indicators.
Typical Use Case
This Expert Advisor excels in trend following on MetaTrader 5.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 5. Place the file in the MQL5/Experts folder and restart the terminal.
Description & Settings
Related: Exp Dynamic RS C: Trend-Following Expert Advisor - another powerful expert for MetaTrader 5 traders.
Exp Sinewave2 x2 is a trend-following trading system that utilizes signals from two indicators.Also recommended: X2 MA JJ RSX Trend-Following Trading System - similar expert with strong performance on MetaTrader 5.
The first indicator establishes the direction of the slow trend by observing the positions of its main and signal lines.
The second indicator identifies the optimal moment to enter a trade, triggered by line crossovers or touching.
An entry signal is generated at the closure of a bar if both of the following conditions are met:
- The signals from the fast and slow trends align.
- The fast trend has reversed its direction.
EA Inputs:
String variables containing text within the EA's input parameters are solely for enhanced visualization in the EA input parameters window.
Indicators within the EA are provided for convenient visualization of trends in the Strategy Tester and are inactive in all other operating modes.
For the generated EA to function correctly, the compiled indicator files 'cycleperiod.ex5', 'sinewave2.ex5', and 'sinewave2_cloud_htf.ex5' must be located in the '
The default input parameters for the EA were employed in the tests detailed below. Stop loss and take profit were not utilized during testing.
Testing results for GBPUSD over the year 2026, using the slow trend on H8 and entry based on the fast trend on M30:
Fig. 2. Testing results chart
You may also like: EXP BykovTrend Reopen: Trend-Following System with Scalable Positions - excellent alternative for expert users on MetaTrader 5.
Source Code
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⚠ 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.