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AMA Forex Indicator For MT5

    The AMA Forex indicator for Metatrader 5 is composed of a single line and reveals the overall trend direction for any time frame.

    The indicator gets drawn as a red thick colored line in the main chart window.

    Price action above the AMA line is bullish while bearish below.

    The indicator is solid, 100% non-repaint, and will not slow down your trading platform.

    Key Points

    • Reveals overall trend direction
    • Works for any currency pair
    • Works for any time frame
    • Programmed for Metatrader 5

    Free Download

    Download the “AMA.mq5” indicator for MT5

    Example Chart

    The image below shows the AMA Forex indicator attached to the EUR/USD 15-minute trading chart.

    Trading Signals

    The AMA indicator for MT5 can be used in multiple ways, find a basic trading example below:

    Buy Signal:

    • Open a buy trade when the candle crosses the red AMA line bottom-up.
    • Place your stop loss 2-3 pips below the most recent swing low.
    • Exit the buy trade for a fixed profit target or wait for a sell signal.

    Sell Signal:

    • Open a sell trade when the candle crosses the red AMA line top-down.
    • Place your stop loss 2-3 pips above the most recent swing high.
    • Exit the sell trade for a fixed profit target or wait for a buy signal.


    Download the “AMA.mq5” indicator (MT5)

    How to install the AMA Forex indicator in Metatrader 5?

    • Copy the AMA indicator file in the MT5 indicator folder
    • Restart the trading platform
    • Select and attach the indicator to any chart of your preference

    How to remove the indicator from the chart?

    • Click with your right mouse button in the chart
    • Select the indicator list from the drop down menu
    • Remove the indicator from the list
    • Press close


    Make yourself familiar with this trading indicator and fully understand how it works before using it in a real account.