AMA Adaptive Moving Average Forex Indicator For MT5

Developed by Perry Kaufman, the AMA Adaptive Moving Average produces minimal lag and is less sensitive to market noise.

It’s a Forex trend trading indicator that can be used in many different ways.

Understanding the AMA technical indicator for Metatrader 5 is simple and goes as follows:

  • Price above the AMA Adaptive Moving Average represents a bullish trend.
  • Price below the AMA Adaptive Moving Average represents a bearish trend.

The AMA indicator can be used to construct a simple moving average crossover trading system.

In order to do so, you will need to add two AMA indicators to the chart with different periods (short period and long period).

Feel free to experiment with the indicator’s AMA period.

Deploy the AMA indicator on any currency pair, stocks, indices, Gold,…

Download This MT5 Forex Indicator Free

Download the “adaptive-moving-average.mq5” Metatrader 5 indicator

AMA Adaptive Moving Average Forex Indicator Chart

Here’s an example of how the indicator should look like when loaded onto the Metatrader 5 chart.

You can apply the indicator to any currency pair and time frame of your preference.

Finding Buy and Sell Triggers With AMA Adaptive Moving Average Forex Technical Analysis Chart Indicator

Below is an example of how to buy and sell currency pairs with this Forex indicator:

Buy Trigger: Go long when price closes above the AMA moving average from below. The trend reversed now to bullish.

Place stop loss below previous swing low support, or use your own stop loss placement method.

Exit the buy trade for a reward to risk 1.5:1 ratio or use a fixed profit target, for instance 15 pips on the 1 min scalping chart.

You can also exit the buy trade when price closes again below the Adaptive Moving Average.

Sell Trigger: Go short when price closes below the AMA moving average from above. The trend reversed now to bearish.

Place stop loss above previous swing high support, or use your own stop loss placement method.

Exit the buy trade for a reward to risk 1.5:1 ratio or use a fixed profit target, for instance 60 pips on the 1-hour swing trading chart.

You can also exit the sell trade when price closes again above the Adaptive Moving Average.

Download This Forex Indicator Now

Download the “adaptive-moving-average.mq5” MT5 indicator

Adjustable Parameters

AMA period, fast EMA period, slow EMA period, AMA shift, colors, width, style.

Usage

The indicator can be used as a stand-alone signals indicator.

It can also be combined with:

  • Trading oscillators (MACD, Stochastic, RSI,…)
  • Trend indicators (Bollinger Bands, ADMI,…)
  • Price action methods and techniques

More Info About This Indicator

Tradable Currency pairs: Any

Trading Platform: MT5

Time frames: M1, M5, M15, M30, H1, H4, D1, W1

Indicator Type: Moving Average

Installation

Copy and paste the indicator in the MT5 indicators data folder.

Then restart the MT5 terminal and attach it to any chart.