Unlocking MAMy: Your Go-To EA for MetaTrader 5

Mike 2018.12.19 04:12 28 0 0
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Meet the Mind Behind MAMy: Victor Chebotariov

MQL5 Code Creator: barabashkakvn

The MAMy EA is built on the powerful MAMy v3 indicator and follows these trading rules:

  1. If the MA Close is above the average of (High + Low + Open + Close)/4, and that average is greater than the MA Open - it's a BUY signal.
  2. If the MA Close is below the average of (High + Low + Open + Close)/4, and that average is less than the MA Open - it's a SELL signal.
  3. If the MA Close is above the average of (High + Low + Open + Close)/4, it's time to CLOSE any SHORT positions.
  4. If the MA Close is below the average of (High + Low + Open + Close)/4, it's time to CLOSE any LONG positions.

Check out this example using EURUSD on the H1 chart:


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