Exp_3rdGenerationXMA - MetaTrader 5 Expert - MT4/MT5 Resources

Exp_3rdGenerationXMA EA trading is based on the third generation XMA moving average direction. When the bar closes, a trading signal is formed whenever the MA direction changes.

Correct operation of the generated Expert Advisor requires placing the compiled indicator file 3rdGenXMA.ex5 in terminal_data_directory\MQL5\Indicators.

The test shown below was run using the Expert Advisor's default input parameters. Stop Loss and Take Profit were not used during testing.

Figure 1. Example of trades in the chart

2011 NZDUSD H4 test results:

Figure 2. Test result graph

Attachment download

📎 exp_3rdgenerationxma.mq5 (8.01 KB)

📎 smoothalgorithms.mqh (133.8 KB)

📎 tradealgorithms.mqh (67.73 KB)

📎 3rdgenxma.mq5 (8.21 KB)

Source: MQL5 #1069