Exp_MAMA - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resources

Exp_MAMA Expert Advisor enters the MAMA indicator via crossing moving averages. If the moving average of the indicator crosses, a signal to execute the trade is formed at the close of the bar.

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

The input parameters of the default EA transaction have been tested during the test as shown below. Stop loss and take profit testing were not used during this period.

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

📎 mama_optim.mq5 (9.33 KB)

📎 exp_mama.mq5 (5.79 KB)

📎 tradealgorithms.mqh (67.73 KB)

Source: MQL5 #1203