"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 -
So how many pips would you like to move the stop loss above the price line of the open trade-
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.
The file "TREND IS YOUR FRIEND ECN" is for ECN broker.
How to perform back test:https://bit.ly/2CD7XWD
The indicator pivot points consist of support and resistance.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