exp x2 ma jfatl

exp x2 ma jfatl
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exp x2 ma jfatl

Info

The exp x2 ma jfatl is a Expert Advisor for MetaTrader 5 that exp_x2ma_jfatl trend-following trading system is based on and indicator signals. colorx2ma indicator is used to define the main slow trend direction, while colorjfatl indicator allows us to define an entry point when a fast trend direction is changing.

Usage

This tool is typically used for automated trading on major forex pairs and gold.

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 x2 ma jfatl

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_x2ma_jfatl trend-following trading system is based on and indicator signals.

Typical Use Case

This Expert Advisor excels in automated trading and technical analysis 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 color jfatl st dev - another powerful expert for MetaTrader 5 traders.


exp_x2ma_jfatl trend-following trading system is based on and indicator signals. colorx2ma indicator is used to define the main slow trend direction, while colorjfatl indicator allows us to define an entry point when a fast trend direction is changing. an entry signal is generated at a bar closure if the following two conditions are met:

Also recommended: exp color jfatl digit - similar expert with strong performance on MetaTrader 5.


fast and slow trend signals coincide;

fast trend has changed its direction.
ea inputs: //+-------------------------------------------------+ //| input parameters of the ea indicator | //+-------------------------------------------------+ input string trade="trade management"; //+============== trade management ==============+ input double mm=0.1; //share of a deposit in a deal input marginmode mmmode=lot; //lot value detection method input uint stoploss_=1000; //stop loss in points input uint takeprofit_=2000; //take profit in points input string musttrade="trading permissions"; //+============== trading permissions ==============+ input int deviation_=10; //max price deviation in points input bool buyposopen=true; //permission to enter a long position input bool sellposopen=true; //permission to enter a short position //+-------------------------------------------------+ //| input parameters of the filter indicator | //+-------------------------------------------------+ input string filter="slow trend parameters"; //+============== trend parameters ==============+ input enum_timeframes timeframe=period_h4; //1 chart period for a trend input smooth_method ma_method1=mode_sma_; //first smoothing averaging method input uint length1=12; //first smoothing depth input int phase1=15; //first smoothing parameter, //---- for jjma within the range of -100 ... +100 it influences the quality of the transition process; //---- for vidia it is a cmo period, for ama it is a slow average period input smooth_method ma_method2=mode_jjma; //second smoothing averaging method input uint length2=5; //second smoothing depth input int phase2=15; //second smoothing parameter, //---- for jjma within the range of -100 ... +100 it influences the quality of the transition process; //---- for vidia it is a cmo period, for ama it is a slow average period input applied_price_ ipc=price_close_;//price constant input uint signalbar=1; //bar index for getting an entry signal input bool buyposclose=true; //permission to exit long positions by trend input bool sellposclose=true; //permission to exit short positions by trend //+-------------------------------------------------+ //| input parameters of the entry indicator | //+-------------------------------------------------+ input string input="entry parameters"; //+=============== entry parameters ===============+ input enum_timeframes timeframe_=period_m30; //2 chart period for an entry input uint ilength=5; // depth of the jma smoothing input int iphase=100; // parameter of the jma smoothing, //---- that changes within the range -100 ... +100, //---- impacts the transitional process quality; input applied_price_ ipc_=price_close_;//price constant input uint signalbar_=1;//bar index for getting an entry signal input bool buyposclose_=false; //permission to exit long positions by signal input bool sellposclose_=false; //permission to exit short positions by signal //+-------------------------------------------------+
string variables containing text in the inputs code are included only for better visual display of the ea inputs window.
colorjfatl_htf and colorx2ma_htf indicators in the ea are included only for more convenient trend visualization in the strategy tester. they are not used in other operation modes.
place colorx2ma.ex5, colorx2ma_htf.ex5, colorjfatl.ex5 and colorjfatl_htf.ex5 compiled files to the <terminal_data_folder>\mql5\indicators for the generated ea correct operation.
note that the tradealgorithms.mqh library file allows using expert advisors with brokers who offer
nonzero spread
and the option of setting stop loss and take profit
together with position opening
. you can download more variants of the library at the following link: .
default expert advisor's input parameters have been used during the tests shown below. stop loss and take profit have not been used during the tests.
fig. 1. examples of trades on the chart
testing results for 2015 on eurjpy, slow trend on h4, entry by fast trend on m30:
fig. 2. testing results chart

You may also like: exp jfatl digit system - excellent alternative for expert users on MetaTrader 5.

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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.
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