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MAMA (Mesa Adaptive Moving Average) EA
Started:August 29th, 2011 (05:02 PM) by motoko Views / Replies:3,068 / 0
Last Reply:August 29th, 2011 (05:02 PM) Attachments:0

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MAMA (Mesa Adaptive Moving Average) EA

Old August 29th, 2011, 05:02 PM   #1 (permalink)
Membership Temporarily Revoked
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Futures Experience: Advanced
Platform: FXCM strategy trader
Favorite Futures: forex
Posts: 3 since Aug 2011
Thanks: 0 given, 1 received

MAMA (Mesa Adaptive Moving Average) EA

Hey everyone,

heres another EA i made awhile ago. It uses the MAMA indicator which can be downloaded for strategy trader here: Mesa Adaptive Moving Average (MAMA) by John Ehlers

It buys with a bullish crossover, and sells with a bearish crossover.

It exits when the opposite crossover is given.

One EA only buys, the other EA only sells so that you can put it on uptrending and downtrending pairs. I can make it into only one if desired, but I don't think taking bullish crossovers in a downtrending market is wise and visa versa.

MAMAstrat only sells and MAMAbuy only buys.

The EA is pretty basic but hopefully it can generate some forum activity, enjoy.



Last edited by Big Mike; August 29th, 2011 at 11:04 PM.
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