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Moving Average Momentum Trader MT5 (MT5) — review, price and free alternatives
MT5 expert advisor$299 on MQL5by Chih-chiang Wang
Moving Average Momentum Trader MT5 is a MetaTrader 5 expert advisor by Chih-chiang Wang, sold on the MQL5 Market for $299. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
Moving Average Momentum Trader MT5 — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Expert advisor
- Developer
- Chih-chiang Wang
- Price
- $299
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Moving Average Momentum Trader MT5 on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Moving Average Momentum Trader is an automated trading program developed for MetaTrader 5.
Before you buy Moving Average Momentum Trader MT5
What the developer claims
- It combines a fast and slow exponential moving average crossover with a Relative Strength Index filter.
- Trading signals are confirmed using completed candles to reduce unstable signals caused by changes in the currently forming candle.
- The EA can calculate trade volume, place Stop Loss and Take Profit.
Quoted from the listing. We have not tested these claims.
What to check first
- A live track record. Ask for an MQL5 signal on a real account, ideally three months or longer. Back-tests and screenshots are not a track record.
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT5 expert advisor in the Strategy Tester before you buy.
- Risk controls. Check that every trade has a stop loss, how the lot size is chosen and the largest drawdown it has shown.
- Broker conditions. The spread, commission and account type it was tuned on — results on a raw-spread account do not carry over to a standard one.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Moving Average Momentum Trader MT5
Compiled from its public MQL5 listing. FxRobotEasy has not traded Moving Average Momentum Trader MT5; what these notes say about how it works comes from that listing.
Overview
This comprehensive 2026 Moving Average Momentum Trader MT5 review examines real performance and trading analysis to help you make informed decisions. Moving Average Momentum Trader MT5 by Chih-chiang Wang represents a comprehensive automated trading solution for MT5 traders. What sets Moving Average Momentum Trader MT5 apart is its balanced approach to trade execution and capital preservation.
Risk notes
Moving Average Momentum Trader MT5 implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT5 platform compatibility
- Developed by experienced Chih-chiang Wang
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing Moving Average Momentum Trader MT5 on MT5 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
Looking for a trend-following robot you can try free?
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
Trendopedia AIby FxRobotEasy
Our trend-following robot for the major FX pairs
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
- Run it and sign in inside the appGoogle, Telegram or e-mail — about 10 minutes in all.
- Pick Trendopedia AIIt starts on a free demo account: virtual money, every trade visible.
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The team's notes, every day
- What we ship, what breaks and how we fix it
- Trendopedia AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
Moving Average Momentum Trader MT5 or Trendopedia AI?
| Moving Average Momentum Trader MT5 | Trendopedia AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($299) | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Chih-chiang Wang | FxRobotEasy |
Moving Average Momentum Trader MT5 — questions
What is Moving Average Momentum Trader MT5?
Moving Average Momentum Trader MT5 is a MetaTrader 5 Expert Advisor (trading robot) published on the MQL5 Market by Chih-chiang Wang, priced at $299 USD. As an Expert Advisor it can open and manage positions on its own once it is attached to a chart and algorithmic trading is enabled in the terminal.
Does Moving Average Momentum Trader MT5 work on MT4 or MT5?
Moving Average Momentum Trader MT5 runs on MetaTrader 5, not MetaTrader 4. The listing reviewed on this page is the MT5 build; if its developer also publishes a MetaTrader 4 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does Moving Average Momentum Trader MT5 cost?
Moving Average Momentum Trader MT5 is a paid product listed at $299 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-07-16. It is sold and downloaded through the developer's (Chih-chiang Wang) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for Moving Average Momentum Trader MT5?
FxRobotEasy has not traded Moving Average Momentum Trader MT5 on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Moving Average Momentum Trader MT5 elsewhere comes from its developer or from a third party.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.