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Triple Moving Average EA MT5

4.43

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the EA offers.

This Expert advisor's (EA) main strategy is to place trades when 3 moving averages (MA) are in consecutive alignment and at a certain distance from each other (it can be used for instance for a not very well known strategy used by some institutional traders, which involves the MAs 10, 20 and 30 on the D1 time frame). The EA works best on H1 and larger time frames. The Triple MA strategy (no matter which MA:s are used) should be considered as a long term strategy. There could be some bad months in a row. Therefore this EA is not for traders looking for frequent trades and constant profits over a short term. The default settings are optimized for EURUSD H1 (backtested 2015.01.01 - 2022.12.29, 224 trades, which means 0,52 trades in average per week).

It is also possible to trade regular crossovers of 2 MA:s, Hull moving average (HMA) color change and Heiken Ashi smoothed color change.

The EA has the possibility to trade multiple symbols from one chart. This option can be used in 4 different ways:

  1. All visible symbols in the Market Watch window
  2. Symbols given in an input parameter
  3. Symbols from preset files selected in a dialog box
  4. Symbols from preset files in a predefined folder (given by input parameter)

Regarding option 3 and 4 only some settings will be overtaken from the preset file. The rest will be used from the input parameters in the EA. The settings which will be loaded from each preset file are
marked with blue color in the blog. Also, for option 3 and 4 only files located directly under the Files folder, or a subfolder, are accessible.

    Features

    • Cand draw supply and demand zones on the chart which can be used as entry condition and/or adjust take profit and stop loss. This option is not available in multi symbol mode.
    • Spread, time (day, hour, minute) and news filters. The news filter will work in the strategy tester with events from the Metaquotes calendar.
    • Moving average trend, RSI, ADX, volume and momentum filters.
    • Possibility to select between adding a fixed lot or let the system set the lot size according to risk percentage.
    • Possibility to trade in a reverse way (buy when sell, sell when buy) by for instance setting a very wide distance between the MAs which could indicate a reversal.
    • Possibility to activate a cost averaging function.

    Input parameters

    The description and explanation of the input parameters can be found here.

    Important

    Please make sure that you first test the EA on a demo account and let at least 10 trades be done. Before going live please also test your setup in the strategy tester. Please be aware that I do not provide with any trading or money management advices, optimal settings, .set (preset) files (except for the ones you can download from the product's blog), strategy testing  or customized changes in the code. I will only be able to answer questions regarding the meaning of the input parameters, in case something should be unclear in the product's blog.

    The EA cannot be used with netting account types and does not work on renko or range charts.

    Reviews 9
    Elvis A Soares Lucas
    879
    Elvis A Soares Lucas 2022.08.29 01:02 
     

    After optimization I found a great set file for GBPUSD.

    Cazz223
    809
    Cazz223 2022.04.03 09:24 
     

    This is a marvelous piece of gem!!! I have got to buy it straight away after some TDS testings, before the price rises to $300 or even $900. It has the SL protection (most valuable if one wants to use it on funded programmes), ADR responsive to adapt to market conditions, and most importantly, the algo behind it is highly accurate in sporting good trade entry and exit points.

    I hope the author could provide some settings for other forex pairs or metal instruments as this robot will take lots of effort to optimize. Although it works perfectly by default for EURUSD.

    sudiang
    222
    sudiang 2021.10.11 06:17 
     

    Very helpfull ea, especially the hull, Jan also very supportive

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    Profalgo Limited
    4.27 (33)
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    Profalgo Limited
    4 (9)
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    Abdul Jalil Mridah
    4.33 (3)
    Promotional s uper discount  for today   for few copies .  Prices may increase at any time. Final price will be 4999 USD. Set Files for Gold Harvest MT5   and  Live Signal Please just change Risk Level (1-80). No need other field change and Risk Level 2 = 2% risk for 1000 equity or above. It's only good works on XAUUSD H1 Timeframe. This robot is profitable. This robot requires minimum deposit of 100 equity. You can get good results with it. You can test it first . It will increase the volume i
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    Dilwyn Tng
    4.85 (26)
    HFT PropFirm EA MT5 is  also known as Green Man due to its distinctive logo by Dilwyn Tng, is an Expert Advisor (EA) crafted specifically for overcoming challenges or evaluations from proprietary trading firms (prop firms) that permit High-Frequency Trading (HFT) strategies. Free  Swing Signal Group and Gold Scalping Signal after you have passed a challenge. MT4 Version:  https://www.mql5.com/en/market/product/104871 Passing HFT MT5 Challenge Performance Monitor (not for live account): Broke
    Aura Neuron MT5
    Stanislav Tomilov
    5 (3)
    Aura Neuron is a distinctive Expert Advisor that continues the Aura series of trading systems. By leveraging advanced Neural Networks and cutting-edge classic trading strategies, Aura Neuron offers an innovative approach with excellent potential performance. Fully automated, this Expert Advisor is designed to trade currency pairs such as EURUSD and XAUUSD (GOLD). It has demonstrated consistent stability across these pairs from 1999 to 2023. The system avoids dangerous money management techniques
    Welcome to Gold Trend Scalping LAUNCH PROMO:  1-day sale price $263.99. After 24 hours, the price will return to $333.99. (Ended) Next price: $393.99 Final price: $1993.99 BUY Gold Trend Scalping, receive 2 free accounts using Dow Jones Algo for trading US30 (bonus from November 4 to November 11). LIVE SIGNAL  Details about params Gold Trend Scalping is the first EA I designed specifically for gold.  The EA uses a following trend trading strategy based on larger time frames.  It employs a
    Golden Burger AI
    Karthik Gopalakirshnan
    5 (1)
    FEW COPIES AVAILABLE FOR 417$.NEXT PRICE WILL BE 999$ SIGNAL PAGE -  https://www.mql5.com/en/signals/2241170?source=Site+Signals+My USE RAW,ECN,OR ZERO ACCOUNT FOR BETTER TRADING EXPERIANCE Golden Burger EA: Advanced Trading for XAUUSD Overview: The Golden Burger EA is a sophisticated trading robot designed to trade Gold (XAUUSD) on a 30-minute chart. Engineered with precision and tested extensively, this EA is optimized for high-performance trading on various account types, including Raw, ECN,
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    I recommend you to read the   product's blog  (manual) from start to end so that it is clear from the beginning what the indicactor offers. This multi time frame and multi symbol supply and demand zone dashboard indicator sends alerts when the price has reached a supply/demand zone. It is also possible to use it to be alerted about regular double tops/bottoms instead of zones. It can be used with all time frames from M1 to MN. It is possible to use RSI, divergence (MACD, OsMA, RSI or Awesome) a
    This multi indicator/oscillator (hereafter indicator), multi time frame and multi symbol indicator identifies when a divergence occurs between price and one, two or three indicators. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has RSI and MA trend filter options which makes it possible to filter out only the strongest setups. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerfu
    I recommend you to read the   product's blog  (manual) from start to end so that it is clear from the beginning what the indicactor offers. This multi time frame and multi symbol indicator identifies double or triple top/bottom formations or a following neckline breakout (confirmed top/bottom). It offers filters for RSI overbought/oversold, candle patterns (pin bar, engulfing, tweezer, morning/evening star, three line strike) and divergences (MACD, OsMA, Awesome (AO), RSI, CCI, Stochastic) whic
    Features This is an indicator that recognizes a special type of Inside Bar formation which is formed by a Master candle followed by 4 smaller candles (please see the strategy explanation below). Plots buy/sell stop lines on the chart as well as well as take profit and stop loss levels. The TP/SL levels are based on the Average True Range (ATR) indicator. Object colors are changeable. Sends you a real-time alert when a Master candle formation is identified - sound / pop-up / email / push notifica
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    This multi time frame and multi symbol indicator for MT5 alerts about Heiken Ashi Smoothed color changes. As a bonus it can also scan for Hull Moving Average color (trend) changes. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can monitor all symbols visible in your Market Watch window at the same time. Apply the indicator to just one chart and instantly monitor the entire market. Can monitor every time fram
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    This multi indicator/oscillator (hereafter indicator), multi time frame and multi symbol indicator identifies when a divergence occurs between price and one, two or three indicators. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has RSI and MA trend filter options which makes it possible to filter out only the strongest setups. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerfu
    This multi time frame and multi symbol indicator identifies fractals patterns. As a bonus it can also scan for Parabolic SAR (pSAR) trend changes. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can monitor all symbols visible in your Market Watch window at the same time. Apply the indicator to just one chart and instantly monitor the entire market. Can monitor every time frame, from M1 to MN, and sends you a
    Averaging down EA
    Jan Flodin
    5 (1)
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    This multi time frame and multi symbol indicator identifies high-probability breakout patterns. It does this by identifying strong, symmetrical pennants and triangles. This pattern  DOES NOT  appear very often on higher timeframes. But when it does, it is a very high-probability setup. The indicator also includes an Inside bars scanner. It can for example be used to detect a special type of Inside bars formation which is formed by a Master candle (MC) followed by 4 inside candles (please see the
    I recommend you to read the   product's blog  (manual) from start to end so that it is clear from the beginning what the indicactor offers. This multi time frame and multi symbol indicator scans for pin bars. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can monitor all symbols visible in your Market Watch window at the same time. Apply the indicator to just one chart and instantly monitor the entire market.
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    This multi time frame and multi symbol indicator identifies high-probability breakout patterns. It does this by identifying strong, symmetrical pennants and triangles. This pattern DOES NOT appear very often on higher time frames. But when it does, it is a very high-probability setup. The indicator also includes an Inside bars scanner. It can for example be used to detect a special type of Inside bars formation which is formed by a Master candle (MC) followed by 4 inside candles (please see the
    Filter:
    mickaswah
    89
    mickaswah 2024.08.25 00:02 
     

    I have been using this EA on the "provide alert instead of trade" mode on 1m and 5m charts and then scalping out some pips. Its worked very well the past two days. I think it has a lot of potential to run as a full EA as well, but I need to put the time into backtesting it to find the ideal parameters. It provides a lot of functionality, and the author has taken the time to explain all the settings fully in a blog post. The supply and demand zones are also pretty neat.

    bob thomson
    524
    bob thomson 2023.10.30 16:59 
     

    Sorry but the Sets provided from the Author are not profitabel or have a profit factor of under 1.2...

    Tan Wei Choon
    122
    Tan Wei Choon 2023.05.29 14:05 
     

    User didn't leave any comment to the rating

    ZERO9898
    1934
    ZERO9898 2022.11.30 12:11 
     

    User didn't leave any comment to the rating

    Elvis A Soares Lucas
    879
    Elvis A Soares Lucas 2022.08.29 01:02 
     

    After optimization I found a great set file for GBPUSD.

    Cazz223
    809
    Cazz223 2022.04.03 09:24 
     

    This is a marvelous piece of gem!!! I have got to buy it straight away after some TDS testings, before the price rises to $300 or even $900. It has the SL protection (most valuable if one wants to use it on funded programmes), ADR responsive to adapt to market conditions, and most importantly, the algo behind it is highly accurate in sporting good trade entry and exit points.

    I hope the author could provide some settings for other forex pairs or metal instruments as this robot will take lots of effort to optimize. Although it works perfectly by default for EURUSD.

    sudiang
    222
    sudiang 2021.10.11 06:17 
     

    Very helpfull ea, especially the hull, Jan also very supportive

    Michael
    80
    Michael 2020.08.12 09:35 
     

    This strategy is very helpful and very useful for me and the communication with Jan is very excellent, I really can recommend.

    Wan Ping Fei
    1690
    Wan Ping Fei 2020.07.03 07:38 
     

    Very special strategy,I really like it...👍👍👍👍👍 ---------- If the author can add grid options Will become a 6 star 24H5D EA...😍

    Reply to review
    Version 3.8 2024.01.27
    *** IMPORTANT - please always make a backup of the existing EA (the .ex5 file) before you make an update ***

    Change log:
    - added a new selection 'Candle high/low trailing stop' to the 'Take profit method' list. With this option the trailing stop will be adjusted according to current or previous xx candle's high/low + an offset. The candle time frame can also be selected
    - added a new selection 'At candle high/low' to the 'Type of stop-loss/exit' list. With this option it will be possible to set the SL at current or previous xx candle's high/low + a offset. The candle time frame can also be selected
    - added an option to enable trailing stop only when the trailing stop price is in profit
    Version 3.7 2023.03.06
    *** IMPORTANT - please always make a backup of the existing EA (the .ex5 file) before you make an update ***

    It is not necessary to apply this update if you will not use any of the functions listed in the change log below.

    Change log:
    - added the possibility to set the font size in the information panel.
    Version 3.6 2023.02.27
    *** IMPORTANT - please always make a backup of the existing EA (the .ex5 file) before you make an update ***

    It is not necessary to apply this update if you will not use any of the functions listed in the change log below.

    Change log:
    - bug fix in the RSI filter when using positive values
    - added an option to set stop loss and take profit at nearest supply/demand zone
    - added an option to close orders if the drawdown for a specific strategy/symbol (based on magic number) reaches a certain level
    Version 3.5 2023.01.21
    *** IMPORTANT - please always make a backup of the existing EA (the .ex5 file) before you make an update ***

    Change log:
    - supply/demand can no be used as entry signal (reversal trade) and for setting stop loss
    - added the possibility in the Triple MA strategy to allow the third MA to be above/below the second MA by setting the value in the new Strict input parameter to 'false'. Example: We have a triple MA setup with MA 5, 13 and 20. In the normal situation, for a bullish signal to be valid, MA 5 must be above both MA 13 and MA 20 and MA 13 must be above MA 20. In the non strict mode MA 20 is allowed to be above MA 13. Vice verse for a bearish signal.
    - changed the way of activating averaging from pin code to boolean (true or false)
    - various news filter fixes
    Version 3.4 2022.12.30
    *** IMPORTANT - please always make a backup of the existing EA (the .ex5 file) before you make an update ***

    Change log:
    - bug fix for multi symbol mode in the strategy tester. It will now work if the 'Symbols from input parameter' option has been selected.
    - added the possibility to use the news filter in the strategy tester. Metaquotes news (calendar) will automatically be used for this purpose
    Version 3.3 2022.12.28
    *** IMPORTANT - please always make a backup of the existing EA (the .ex5 file) before you make an update ***

    - added a RSI filter
    - changed the trade time filter (hours and minutes) into integers for easy optimization in the strategy tester
    - added a days to trade filter
    - changed the EA default settings (start time 5:30 and Fixed take profit -19). Optimized for EURUSD H1
    - bug fix in the Multi symbol mechanism
    Version 3.2 2022.12.11
    *** IMPORTANT - please always make a backup of the existing EA (the .ex5 file) before you make an update ***

    - bug fixes
    Version 3.1 2022.12.08
    *** IMPORTANT - please always make a backup of the existing EA (the .ex5 file) before you make an update ***

    - bug fix in averaging function when used on more than 1 chart
    - the trend MA line will now be drawn on the chart when the trend MA has another time frame than the chart time frame
    - Replaced the 'Send alert instead of opening trade' parameter with a list box parameter with the following selections:
    1) Trade normally
    2) Send alert instead of opening trade
    3) Pause EA
    4) Close order(s) and pause EA
    - other smaller improvements and bug fixes
    Version 3.0 2022.12.07
    *** IMPORTANT - please always make a backup of the existing EA (the .ex5 file) before you make an update ***

    - added an option to trade multiple symbols from one chart. This option offer 4 different ways:
    1) All visible symbols in the Market Watch window
    2) Symbols given in an input parameter
    3) Symbols from preset files selected in a dialog box
    4) Symbols from preset files in a predefined folder (given by input parameter)
    For option 3 and 4 only some settings will be overtaken from the preset file. The rest will be used from input parameters. The unique settings which will be loaded from the preset files are
    marked with blue color in the blog. Also, for option 3 and 4 only files located directly under the Files folder, or a subfolder, are accessible
    - product purchase price changed from $69 to $99
    Version 2.9 2022.12.05
    *** IMPORTANT - please always make a backup of the existing EA (the .ex5 file) before you make an update ***

    Not a mandatory update if you are not using the setup mentioned below.

    - bug fix in the averaging function when using percentage of average daily range (ADR) as distance between orders
    Version 2.8 2022.11.29
    *** IMPORTANT - please always make a backup of the existing EA (the .ex5 file) before you make an update ***

    - bug fix in the 'ATR trailing take profit' Take profit method
    - option to select ATR high/low, median or close price. Before this update only the close price was used
    Version 2.7 2022.11.07
    *** IMPORTANT - please always make a backup of the existing EA (the .ex5 file) before you make an update ***

    Change log:
    - added the possibility to the ADX filter to set a negative value which means that ADX must be below (instead of above) this level in order for a trade to be valid. So if you for instance set the value -25 then ADX must be below 25, or above 25 if you have set the value 25.
    - added a momentum filter
    - added an option to trade the 'Hull MA color change' strategy when there is a color change at a certain distance from the Hull trend MA
    - The Heiken Ashi Smoothed and Hull indicators will now be added automatically to the chart in when the corresponding trade mode has been selected
    - product purchase price changed from $59 to $69
    Version 2.6 2022.09.09
    *** IMPORTANT - please always make a backup of the existing EA (the .ex5 file) before you make an update ***

    - bug fix in the trailing stop function

    Version 2.5 2022.08.08
    *** IMPORTANT - please always make a backup of the existing EA (the .ex5 file) before you make an update ***

    - added 2 new account protection functions. Allow only one order per symbol in the same direction and setting of max concurrent open positions
    - added a cost averaging function (only available for customer having rented or purchased another of my products)
    Version 2.4 2022.07.26
    *** IMPORTANT - please always make a backup of the existing EA (the .ex5 file) before you make an update ***

    - added the possibility to enable drawing of supply/demand zones on the chart (based on my Supply/demand zone indicator)
    - added Heiken Ashi smoothed (color change) trade mode
    - added Exit method at Hull (HMA) color change
    - reorganized the texts in the information panel
    - added an option to use virtual take profit (immediate close) when price is x % away from TP. This option can be used for instance if you have a market maker broker
    - added the possibility to set virtual take profit and lots size one one place and then valid for all charts where the EA has been loaded. This by using global variables
    - added a new ATR take profit method "ATR trailing take profit". When using this option the TP will be adjusted at each new candle based on the previous candle's ATR value.
    - Product purchase price changed from $49 to $59
    Version 2.3 2022.06.23
    *** Please always make a backup of the existing EA (the .ex5 file) before you make an update ***

    - added a new exit method at Heiken Ashi smoothed color change
    - added account protection with 2 options. Equity decrease by x or free margin below x
    Version 2.2 2022.04.05
    *** Please always make a backup of the existing EA (the .ex5 file) before you make an update ***

    - tweeked the default settings for even better performance on EURUSD H1
    - added a news filter
    - added a volume filter
    Version 2.1 2022.03.08
    *** Please always make a backup of the existing EA (the .ex5 file) before you make an update ***

    This is not a mandatory update if you are not using Hull moving average
    Version 2.0 2022.02.15
    *** Please always make a backup of the existing EA (the .ex5 file) before you make an update ***

    This is not a mandatory update if everything is already working fine and nothing of the below is of interest.

    - added an option to set the candle shift when checking for Hull MA color changes. Could be set to 0 if you would like to trade without confirmation (less reliable)
    - added an option to set the minimum amount of bars between 2 trades
    - the value in the 'Min. distance between MA:s' input parameter will now also be used for double MA crosses in case the value is >0
    - various minor improvements
    Version 1.9 2022.01.31
    *** Please always make a backup of the existing EA (the .ex5 file) before you make an update ***

    - changed the default settings to settings suitable for EURUSD H1
    - added the possibility to use ADR (average daily range) for take profit, stop loss and trailing stop
    - added the possibility to set a stop time for Friday trading
    - have started a monitoring signal, https://www.mql5.com/en/signals/1371054
    - various other improvements
    Version 1.8 2020.10.19
    *** Please always make a backup of the existing EA (the .ex5 file) before you make the update and please also update only when you don't have any open trades from the EA. More information at the top of the blog ***

    - added Hull moving average color change strategy
    - opening of a new trade at crossover (MA1/M2) will now also be valid for the Triple MA strategy
    - TP/SL ATR will now be based on the close price instead of the candle's high/low
    - added info to the panel about selected Trend MA time frame
    Version 1.7 2020.08.23
    *** Please always make a backup of the existing EA (the .ex5 file) before you make the update and please also update only when you don't have any open trades from the EA. More information at the top of the blog ***

    - bug fix in the Trend MA close function when using reverse trading
    Version 1.6 2020.08.11
    *** Please always make a backup of the existing EA (the .ex5 file) before you make the update and please also update only when you don't have any open trades from the EA. More information at the top of the blog ***

    - minor bug fix
    Version 1.5 2020.08.06
    *** Please always make a backup of the existing EA (the .ex5 file) before you make the update and please also update only when you don't have any open trades from the EA. More information at the top of the blog ***

    - corrected an issue when using reverse mode together with trend MA
    Version 1.4 2020.08.04
    *** Please always make a backup of the existing EA (the .ex5 file) before you make the update and please also update only when you don't have any open trades from the EA. More information at the top of the blog ***

    - bug fix in the ATR calculation
    Version 1.3 2020.07.28
    *** Please always make a backup of the existing EA (the .ex5 file) before you make the update and please also update only when you don't have any open trades from the EA. More information at the top of the blog ***

    - added an option to use Hull moving average instead.
    - added 2 new Exit methods and 2 new Take profit methods.
    - added ADX filter. The ADX indicator value must be above the level you set in order for a trade to be opened.
    Version 1.2 2020.07.07
    - corrected an error with the MA shift for the 3 signal MAs. It was using the fixed value 0 instead of taking the value from the corresponding input parameter
    Version 1.1 2020.07.05
    *** Please always make a backup of the existing EA (the .ex5 file) before you make the update and please also update only when you don't have any open trades from the EA. More information at the top of the blog ***

    - added an option to disable the drawing of the MA lines on the chart
    - added internal logic how to handle Order filling type errors returned by the broker
    - added possibility for ATR trailing stop based on the ATR indicator