MAMA + FAMA Multi Timeframe
Info
The MAMA + FAMA Multi Timeframe is a Indicator for MetaTrader 5 that the mesa adaptive moving average (mama) and the following adaptive moving average (fama) combination is now available in a multi-timeframe version. This indicator supports all possible timeframes in MetaTrader 5, with three special timeframes:- Next Higher Timeframe: The first higher timeframe compared to the active chart.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use MAMA + FAMA Multi Timeframe
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
The Mesa Adaptive Moving Average (MAMA) and the Following Adaptive Moving Average (FAMA) combination is now available in a multi-timeframe version.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: MAMA HTF - another powerful indicator for MetaTrader 5 traders.
The Mesa Adaptive Moving Average (MAMA) and the Following Adaptive Moving Average (FAMA) combination is now available in a multi-timeframe version.Also recommended: MAMASign - similar indicator with strong performance on MetaTrader 5.
This indicator supports all possible timeframes in MetaTrader 5, with three special timeframes:
- Next Higher Timeframe: The first higher timeframe compared to the active chart.
- Second Higher Timeframe: The second higher timeframe compared to the active chart.
- Third Higher Timeframe: The third higher timeframe compared to the active chart.
When using these special timeframes, the indicator automatically adjusts as you change the chart's timeframe.
Note: This indicator is designed to work with price data and not other indicators to maintain flexibility in timeframe selection.
You may also like: MAMA HTF Signal Indicator - excellent alternative for indicator 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.