mam a c d
Info
The mam a c d is a Expert Advisor for MetaTrader 5 that two main ima (moving average, ma) indicators with periods 85 and 75 are calculated using low prices, the third ima (moving average, ma) with the period 5 is calculated based on close prices. a position is opened when the fast ima (moving average, ma) with period 5 crosses both slow imas.
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 mam a c d
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
two main ima (moving average, ma) indicators with periods 85 and 75 are calculated using low prices, the third ima (moving average, ma) with the period 5 is calculated based on close prices.
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: Trade Adjustment Panel - another powerful expert for MetaTrader 5 traders.
two main ima (moving average, ma) indicators with periods 85 and 75 are calculated using low prices, the third ima (moving average, ma) with the period 5 is calculated based on close prices.
Also recommended: Quantora Trade Manager MT5: Advanced Position Management - similar expert with strong performance on MetaTrader 5.
a position is opened when the fast ima (moving average, ma) with period 5 crosses both slow imas. an additional factor is macd's position above zero for an up trade, or its growth.two mas are needed for visual trading. a small take profit is used, 15-20 points depending on currency volatility. someone might say that this is a too small amount. but if you trade a large lot on multiple pairs, the results can be very good. the stop loss of 10-15 points is rarely hit.
testing results for the last year (from 2017.01.01 to 2017.10.31) at the m15 timeframe:
the positive result was only obtained for usdjpy.
results of testing for the last year (from 2017.01.01 to 2017.10.31) at the h1 timeframe:
You may also like: Quantora Break Even Manager MT5 - Automated Stop Loss Protection - 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.