Introduction
Meet the Trend AMA MT5, a vital trading robot that has garnered quite the curiosity in the trading sphere. While some call it a trading guru, we at EASY Trading Team prefer to go deeper. We believe there's more to it than meets the eye. It's said to be designed for exemplary trend trading, but we suggest you withhold judgment — skepticism, after all, is a trader’s best friend.Installation and Setup
Getting started with the Trend AMA MT5 isn't rocket science. Visit this link and follow the download instructions. Once you've done that, pull up your MT5 platform. You'll need to navigate to File>>Open Data Folder>>MQL5>>Experts. Drag and drop the downloaded .ex5 file here.Now, on the MT5 platform Navigator window, click on 'Experts'. You'll find the Trend AMA MT5 listed there. Drag and drop it onto any chart of your choice, and voilà - you're all set. Keep in mind, though, each currency pair or timeframe requires a separate setup.
Experience Using Trend AMA MT5
Navigating the ins and outs of Trend AMA MT5 reveals some decent features. While user slimshadyt Ok suggested some improvements, user Detleff Böhmer found the trading signals reliable, and Oleg Pokhilko appreciated the indicator so much so he rated us a 5.Oleg's idea of having an alert when the distance between points on the curve reaches a certain value post candle close could be interesting to explore.
Remember, however, no robot offers a foolproof strategy, Trend AMA MT5 included. Your final trading decisions should always be backed by your own analysis and judgement.
Tips for Improvement
The effectiveness of the Trend AMA MT5, like any system, can be enhanced by integrating it with other indicators. Consider using it with support and resistance lines, Fibonacci retracements, or volume indicators for more reliable signals.The Source Code of Trend AMA MT5
Sure, we could all just daydream about getting our hands on the original Trend AMA MT5 source code, but it's just that - a dream. We do not sell the Trend AMA MT5, nor do we know its original source code.Instead, we've crafted a sample code based on the description of the Trend AMA MT5 from MQL5. Any questions? Feel free to hit us up at easytradingforum.com, we'd be more than happy to assist.
Code:
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Download the Trend AMA MT5 Trading Robot for Optimal Trades
If you wish to try out the Trend AMA MT5 trading robot, consider downloading it here. Should you have questions about the code, don't hesitate to ask.Again, this code is a creation of EASY Trading Team, based on the Trend AMA MT5 description available on MQL5. We do not sell the Trend AMA MT5. Happy trading!