Welcome Forex EA downloads & MT4/MT5 auto-trading resources — EAs, Gold EAs, quant tools and real-world automation.
Sign In Sign Up

MAMy v3 - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

author EAcpu | 2 reads | 0 comments |

MAMy v3 - indicator for MetaTrader 5

Author of the idea : Viktor Chebotaryov

MQL5 code author : Balabashka Kong

This indicator is based on three moving averages. If we attach these moving averages to a chart, we get something similar to an Alligator line. The operating principle is similar.

MAMy v3 - indicator for MetaTrader 5


Attachment download

📎 mamy_v3.mq5 (18.48 KB)

Source: MQL5 #22574

MAMy v3 - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions

MAMy v3 - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.

Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.

Verification code Refresh