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UniversalMA EA is a unique tool that empowers forex traders to construct fully automated trading systems. It utilizes a versatile and robust indicator that smooths out the price of a trading instrument. This tool allows traders to create their unique trading system, test their strategies, and employ them in real trading scenarios to maximize profits.
What is UniversalMA EA?
UniversalMA EA is an Expert Advisor designed for MetaTrader 5. Its foundation lies in the UniversalMA indicator, a moving average tool with a vast range of customization options. This includes 10 types of smoothing, 12 price options to build, and the capability of discretizing the resulting moving average. The highly optimized code enables the tool to perform efficiently and effectively.
Building Your Own Trading System with UniversalMA EA
Despite the UniversalMA indicator’s flexibility, many users requested a fully automated Expert Advisor based on this tool. The UniversalMA EA was developed to meet this demand, providing a powerful strategy builder for forex traders. It enables users to formulate their unique trading strategies, test them, and implement them on any timeframes and trading instruments. Both NETTING and HEDGING account types are compatible with the UniversalMA EA.
Features and Options of UniversalMA EA
The UniversalMA EA comes with a host of options to facilitate comprehensive and flexible trading. It allows permissions to open both buy and sell trades. Traders can select their strategy for opening and closing trades. Additional parameters can be used in opening or closing strategies. The tool also provides options for setting the TakeProfit and StopLoss in pips (minimum price step). It offers a Trailing Stop option and a feature to set the number of bars before closing by time.
UniversalMA EA: A Multifaceted Research Tool
Beyond its function as a strategy builder, the UniversalMA EA serves as an invaluable research tool. However, it’s important to note that the tool isn’t set to any symbol by default. The developers welcome feedback, ideas, and suggestions to further expand and enhance the tool’s capabilities for the benefit of its users.
FAQ
Do I need to download or install anything for the Expert Advisor to work?
No, you don’t need to download or install anything for the Expert Advisor to work. It’s built to be user-friendly and hassle-free.
Where can I see the results of independent testing of the UniversalMA EA?
Independent testing of the product can be viewed on the forexroboteasy.com website. You can also subscribe to updates on the testing results of this product.
Absolutely. User feedback is invaluable, and sharing your experience can help other traders better understand the product. Your insights can also help the developers improve the tool for future updates.
This article has been an independent review of the UniversalMA EA. It is not associated with the product’s developer. The information presented here is based on available product details and user experiences. If you have used the UniversalMA EA, we invite you to share your experience and feedback.
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