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Expert Advisors

Trend Is Your Friend - Experte für den MetaTrader 4

Aharon Tzadik | German English Español Português 日本語

Ansichten:
9091
Rating:
Stimmen: 11
Veröffentlicht:
2018.12.19 00:07
Aktualisiert:
2019.02.28 18:36

"Trend Is Your Friend" trades with 2  Moving Averages and an Engulfing pattern has Trailing Stop Loss &Take Profit works on all time frames major forex pairs and stocks NASDAQ.


USEMOVETOBREAKEVEN  system functions like a stop loss

But a one-time function with a smaller value than the subsequent Stop Loss value to lock minimal profit and avoid loss if the price goes against you.

If you have reached a certain value of pips with the direction of the trade -

  • WHENTOMOVETOBE - When to move break even (values: 10-100).

So how many pips would you like to move the stop loss above the price line of the open trade-

  • PIPSTOMOVESL - How much pips to move stop loss (values: 10-100).

This EA trades only with the price of open candle!

Trade volume of a position depends on previous trading results.

It provides the possibility to limit the maximum risk (in % of deposit) of the trade.

If you want to trade with constant lotsize say:0.01 lot ,you need to set "MaximumRisk =0" and "DecreaseFactor=0"

Or else you will have a calculation of  Percent (%) of deposit and MaximumRisk.

Inputs

  • USEMOVETOBREAKEVEN - Enable "no loss" break even system (values: 0-1).
  • WHENTOMOVETOBE - When to move break even (values: 10-100).
  • PIPSTOMOVESL - How much pips to move stop loss (values: 10-100).
  • Lots - Lots size (values: 0.01-10).
  • MaximumRisk - maximum risk from total margin in %, (values: 0.01 - 0.3).
  • If "MaximumRisk =0" then "Lot=constant"
  • DecreaseFactor - decrease from total margin if you lose a trade.
  • TrailingStop= set a value from 10 to 100 to activate trailing stop loss & take profit, "0" will not activate trailing stop loss.
  • Stop_Loss - Stop Loss (values: 10-100).
  • MagicNumber - Magic number (values: 1-100000).
  • TakeProfit - Take Profit (values: 10-100).

The file "TREND IS YOUR FRIEND ECN" is for ECN broker.

How to perform back test:https://bit.ly/2CD7XWD



Trend Is Your Friend
Pivot Points Pivot Points

The indicator pivot points consist of support and resistance.

1MA 1MA

"1MA" EA trades with a strategy based on one 20 period moving average and has Trailing Stop Loss &Take Profit works on all time frames major forex pairs

Multi Pair Pivot Point Scanner Alerts 1.7 Multi Pair Pivot Point Scanner Alerts 1.7

Scans multiple symbols looking for when the price crosses a pivot point then it alerts the trader.

Displays open SL and TP totals Displays open SL and TP totals

This indicator will display the combined values of all stop losses and take profits.