ma trend
Info
The ma trend is a Expert Advisor for MetaTrader 5 that idea by:mq5 code by: the expert advisor uses indicator ima (moving average, ma). it has many settings:only one positions- only one position can be held in the marketreverse- reversal of trading signalsclose opposite- forcedly closing opposite positions when receiving a trading signalgenerating trading signals, where all parameters are set by default:the current ask price is higher than the indicator value on bar #1 -> a signal to open a buy positionthe current bid price is lower than the indicator value on bar #1 -> a signal to open a sell positionand how it looks in the mql5 code:a sample of how it works where parameters of only one positionsare false and true:the next sample of only one positions- true, reverse- false, and close opposite- true: a buy position was opened, and then a signal for opening a sell position was received.
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 ma trend
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
idea by:mq5 code by: the expert advisor uses indicator ima (moving average, ma).
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: Steep MA Trend EA - another powerful expert for MetaTrader 5 traders.
idea by:
mq5 code by:
the expert advisor uses indicator ima (moving average, ma). it has many settings:
only one positions
Also recommended: Super Trend Trading EA - similar expert with strong performance on MetaTrader 5.
- only one position can be held in the marketreverse
- reversal of trading signals
close opposite
- forcedly closing opposite positions when receiving a trading signal
generating trading signals, where all parameters are set by default:
the current ask price is higher than the indicator value on bar #1 -> a signal to open a buy position
the current bid price is lower than the indicator value on bar #1 -> a signal to open a sell position
and how it looks in the mql5 code:
a sample of how it works where parameters of
only one positions
are false and true:
the next sample of
only one positions
- true,
reverse
- false, and
close opposite
- true: a buy position was opened, and then a signal for opening a sell position was received. since
close opposite
- true, then the buy position was closed first (as it was opposite to the signal) and only after that the sell position was opened.
You may also like: adx trend pullback ea: trend strength and volatility-based trading - 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.