ma trend 2
Info
The ma trend 2 is a Expert Advisor for MetaTrader 5 that only buy - allowed to open only buyonly sell - it is allowed to open only sellbuy and sell - it is allowed to open both buy and sell. the expert advisor works according to the ima (moving average, ma) indicator.
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 2
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
only buy - allowed to open only buyonly sell - it is allowed to open only sellbuy and sell - it is allowed to open both buy and sell.
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.
only buy - allowed to open only buy
only sell - it is allowed to open only sell
buy and sell - it is allowed to open both buy and sell.
Also recommended: Super Trend Trading EA - similar expert with strong performance on MetaTrader 5.
the expert advisor works according to the ima (moving average, ma) indicator. it has many settings:only one positions
-
only one
position can be held in the market
reverse
- reverse (flip) trading signals
close opposite
- forced closing of opposite positions when a trading signal is received.
formation of trading signals when all parameters are set by default:
current ask price is higher than the indicator value on bar #1 -> signal to open buy position
current bid price is less than the indicator value on bar #1 -> signal to open a sell position.
and how it looks like in mql5 code:
example of operation when
only one positions
parameters are false and true:
the following example
only one positions
- true,
reverse
- false and
close opposite
- true: a buy position was opened, after some time a signal to open sell position was received. since
close opposite
is true, the buy position was closed first (because it is opposite to the signal) and only then 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
яю//+------------------------------------------------------------------+
#property copyright "RobotFX"
#property link "https://robotfx.org"
#property version "2.000"
#include <Trade\PositionInfo.mqh>
#include <Trade\Trade.mqh>
#include <Trade\SymbolInfo.mqh>
#include <Trade\AccountInfo.mqh>
#include <Trade\DealInfo.mqh>
#include <Trade\OrderInfo.mqh>.......
⚠ 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.