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TINGA TINGA NEW EA MT5 – Full Input Settings Analysis
TINGA TINGA NEW EA is a fully automated trading system for MetaTrader 5 (MT5). It uses classic technical tools like EMA crossovers along with modern pip-based filters to improve trade accuracy. Designed for both beginners and experienced traders, it finds entry and exit points automatically.
Lot Management
- Lot Fix: 0.1
Fixed lot size used when dynamic lot sizing is disabled - Lot Divide: 500000
Used for dynamic lot calculation; lot size is derived from account balance (e.g., Lot = Balance ÷ Lot_Divide)
EMA (Exponential Moving Average) Strategy
- EMA Fast: 5
Short period of EMA used to follow rapid price change - EMA Slow: 12
Slow EMA period for identifying the general market trend - EMA Distance (pips): 4
Minimum pip disparity between quick and slow EMAs required to trigger a trade signal
Key Takeaways
- EMA Crossover Strategy: Detects trend changes using EMA crossovers. A 4-pip filter helps reduce false signals.
- Precise Pip Filtering: Trades only when both a 4-pip gap and a 20-pip close condition are met. This avoids trades in sideways markets.
- Multiple EA Compatibility: Uses a unique Magic Code to ensure smooth operation with other EAs on the same account.