Moving Average Adaptive Indicator
Info
The Moving Average Adaptive Indicator is a Indicator for MetaTrader 5 that the indicator is a moving average based on an algorithm adapted to the current volatility of a financial instrument. The indicator consists of two averages: a fast MAMA (green line) and a slow FAMA (red line).
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 Moving Average Adaptive Indicator
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 indicator is a moving average based on an algorithm adapted to the current volatility of a financial instrument.
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: Quantora Moving Average Dashboard MT5 - Professional EMA SMA Trend Analysis - another powerful indicator for MetaTrader 5 traders.
The indicator is a moving average based on an algorithm adapted to the current volatility of a financial instrument.Also recommended: Quantora ADR Calculator MT5 - Professional Average Daily Range Indicator for MetaTrader 5 - similar indicator with strong performance on MetaTrader 5.
The indicator consists of two averages: a fast MAMA (green line) and a slow FAMA (red line). Crossovers of these averages provide signals for market entries and exits.
Two variants of the indicator are presented: mama.mq5 and mama_optim.mq5. The difference lies in the second variant being more optimized for saving computer resources, making it preferable for use in Expert Advisors. The first variant features clearer code.
The moving average is adapted to current volatility.
Fast MAMA (green line) and slow FAMA (red line) averages.
Crossovers provide market entry and exit signals.
Two variants available: mama.mq5 and mama_optim.mq5.
mama_optim.mq5 is optimized for resource saving and suitable for Expert Advisors.
mama.mq5 has clearer code.
This indicator was developed in 2026.
You may also like: Relative Moving Average (RMA) Indicator for MT5 - excellent alternative for indicator users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_plots 2
#property indicator_type1 draw_line
#property indicator_color1 lime
#property indicator_style1 style_solid
#property indicator_width1 1.......
⚠ 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.