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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
    815
    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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    Ivan Bebikov
    5 (1)
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    Xian Qin Ceng
    5 (14)
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    Babak Alamdar
    4.63 (8)
    Buy not a backtest, but a real trading system     Live Signal 1     Live Signal 2     Live Signal 3 This price is temporary for the duration of the promotion and will be raised shortly There are only a few copies left at the current price Welcome to the   US100 Nasdaq EA US100 Nasdaq EA: Your Edge in the Fast-Growing Nasdaq The US100, also known as USTech or Nasdaq, stands out as one of the most challenging indices due to its rapid growth over recent years and its constantly shifting mark
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    Stanislav Tomilov
    4.38 (32)
    Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult
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    Zada Janitra Kamilah Rahmadi
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    Thi Thu Ha Hoang
    4.75 (32)
    New Year, New Opportunities: Get 8 activations for just $399 USD. Hurry – limited quantity available! 2025 is here, and it’s time to take your trading to the next level. Start the year strong with Boring Pips EA – your reliable trading solution: - Proven, tracked signals - Easy to install - 100% automated Don’t miss this opportunity to trade with confidence and precision. Secure your Boring Pips EA now. Have you ever wondered why most expert advisors are not effective in live trading, despite t
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    Please if possible consider buying the MT5 version   which at the moment offers more functionaIity . I also 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, whic
    The indicator identifies when a divergence occurs between price and an indicator or oscillator. It identifies both regular and hidden divergences. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can detect divergences for the following oscillators/indicators:   MACD, OsMA, Stochastics, RSI, CCI, RVI, Awesome, ADX, ATR, OBV, Composite index, MFI and Momentum. Only one oscillator/indicator can be selected. Draws
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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 indicator can identify the following 5 crosses: when a fast moving average crosses a slow moving average line. when price has reached a single moving average (closed above/below or just bounced). when a triple moving average formation has appeared (all 3 MA:s in consecutive alignment) when the MACD main line crosses th
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    Jan Flodin
    5 (1)
    This cost averaging Expert advisor (EA) places additional trades in the same direction as the original (manually opened) order when the price goes against you. It can be used as a grid system or as pure martingale system (exponential increasing of lot size) or smoothed martingale (for instance linear increasing of the lot size). Due to the risk involved, this EA is more suitable for intermediate to advanced traders who are well aware of how to handle risk management and trading an already profit
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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 divergence dashboard indicator sends an alert when one or two different divergences have been identified. It can be used with all time frames from M1 to MN. It is possible to enable moving average or RSI trend filter to filter out only the strongest setups. It should be combined with your own confirmation rules, techni
    I recommend you to read the   product's blog  (manual) from start to end so that   it is clear from the beginning what the indicator offers. The indicator identifies when a divergence occurs between price and an oscillator/indicator. It identifies both regular and hidden divergences. It has a RSI, Bollinger Bands and ATR filter options which makes it possible to filter out only the strongest setups. The indicator also offers options to wait for an Engulfing formation, Donchian channel breakout,
    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
    Among the top indicators offered here on the market in terms of value for money. I recommend you to read the   product's blog  (manual) from start to end so that it is clear from the beginning what the indicator offers. This supply and demand zone indicator draws the zones on the chart and sends alerts when the price has reached or broken a zone. It has support  for one nested zones (zones on one other time frame than the current)  which will also be drawn on the chart and involve alerts. It
    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
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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 indicator offers. This multi time frame and multi symbol indicator scans for engulfing and tweezer formations. The indicator can also be used in single chart mode. 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. Ap
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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 indicator offers. This multi symbol and multi time frame indicator scans for the following candlestick patterns (please see screenshot for explanation of the patterns): Three white soldiers (reversal>continuation pattern) Three black crows (reversal>continuation pattern) Bullish and bearish Three line strike (reversal pattern) The patterns do not appear very often on higher
    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 can identify the following 5 crosses: when a fast moving average crosses a slow moving average line. when price has reached a single moving average (closed above/below or just bounced). when a triple moving average formation has appeared (all 3 MA:s in consecutive alignment). when the MACD main line crosses t
    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 indicator for Metatrader 4 identifies when a divergence occurs between price and an oscillator/indicator. It identifies both bullish and bearish divergences. It has a RSI filter option which makes it possible to filter out only the strongest setups. The indicator also offers options to wait for an Engulfing formation, Donchian channel breakout or for p
    I recommend you to read the   product's blog  (manual) from start to end so that   it is clear from the beginning what the indicator offers. This multi oscillator, multi time frame and multi symbol indicator identifies when a divergence occurs between price and an oscillator/indicator. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has moving average, RSI/Bollinger, ADX, pin bar and engulfing filter options which makes it possible to filter
    Trend dashboard
    Jan Flodin
    1 (1)
    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 trend indicator sends an alert when a strong trend or trend reversal has been identified. It can do so by selecting to build up the dashboard using Moving average (single or double ( both MA:s aligned and price above/below both ) ), RSI, Bollinger bands, ADX, Composite index, Parabolic SAR, Awesome (AO), MACD (signal l
    Filter:
    mickaswah
    104
    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
    1953
    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
    815
    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