This MetaTrader 5 robot executes a trend-following strategy using a combination of specialized moving averages: Double Exponential Moving Average (DEMA), Triple Exponential Moving Average (TEMA), and Fractal Adaptive Moving Average (FRAMA).
Luke Multi MA Bollinger EA identifies trade entries based on crossovers and the price position relative to Bollinger Bands. The expert advisor includes risk management features such as fixed lot sizing and a configurable stop loss. Although the repository lacks a README, the code indicates a technical approach to capturing momentum using adaptive volatility bands.
Multi-indicator strategy using DEMA, TEMA, and FRAMA
Read from Luke_EA_v1.0.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
in_g_d_LotSize
double
0.1
in_g_n_StopLoss
int
250
in_g_n_TakeProfit
int
0
0 = off
in_g_n_FRAMA_Period
int
20
in_g_n_FRAMA_Shift
int
2
in_g_n_DEMA_Period
int
25
in_g_n_TEMA_Period
int
9
in_g_n_BB_Period
int
30
in_g_n_BB_Shift
int
2
in_g_d_BB_Deviation
double
1.05
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone strongtiger-dev/EA_4_TMA_indicator from GitHub, and unzip it.
2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
3Copy the filesCopy the .mq5 file into Experts.
4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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