Exp_TMA - MetaTrader 5 Expert | Forex Indicators Download - MT4/MT5 Resources

Signal-based breakthrough trading system TMA indicator. When the channel created by the two TMA Moving Averages breaks out, a signal to execute the trade is formed at the close of the bar. The distance between the channel and the TMA Moving Averages is determined by the input parameters of the UpLevel (long breakout level in points) and DnLevel (short breakout level in points) Expert Advisors.

Place the compiled TMA.ex5 file copied to terminal_data_folder\MQL5\Indicators.

The input parameters of the default Expert Advisor were used in the test shown below. Stop Loss and Take Profit were not used during testing.

Figure 1. Example of trading history in the chart.

USD/CHF test results in the first half of 2011:

Figure 2. Test result chart

Attachment download

📎 tradealgorithms.mqh (67.74 KB)

📎tma.mq5 (5.21 KB)

📎 exp_tma.mq5 (6.27 KB)

Source: MQL5 #1456