Real Trend Hunter

An efficient EA without too many parameters!

• No martingale, no grid system or any other risky strategy.
• No order without stop loss.
• Backtests made with tick data.

Finally, there are no unnecessary or complicated settings. Just use the default settings or adjust them to suit your preferences in terms of trading time or money management. In addition, no need to define a break even or a trailing stop: these functions are automatically managed according to market conditions.

Requirements:

• Broker: any (works correctly with all brokers)
• Leverage: any (the % risk per order is respected regardless of the leverage)
• Speed of execution: any (this strategy is not affected by a slow server)
• Maximal spread: any (this strategy is not affected by a high spread)

Please note:

• The Timeframe of the chart does not matter, the EA will take the orders regardless of the Timeframe.
• This Expert Advisor specializes in EUR/USD price action. Don’t use it on another chart than EUR/USD.

Parameters:

• Use Timer: define trading days and hours
• Monday: trading on Mondays
• Tuesday: trading on Tuesdays
• Wednesday: trading on Wednesdays
• Thursday: trading on Thursdays
• Friday: trading on Fridays
• Start time: start of the session
• End time: end of the session
• Close before the weekend: close EA orders on Friday
• Closing time before the weekend: if ‘Close before the weekend’ is ‘true’
• Use money management: if ‘true’, lot size in % balance
• Max lot size in % balance: max % account balance per order (if ‘Use money management’ is ‘true’)
• Max lots size: max lot size per order (if ‘Use money management’ is ‘false’)
• Max spread: max allowed spread to open an order (if 0, no max spread)
• Max slippage: max allowed slippage to open an order
• Trading alerts: terminal and/or smartphone notifs
• Magic number: must be unique if other EA are running

Main functionalities:

• Activation/deactivation for each day of the week with start- and end-time.
• Option to close all bot orders before the weekend with the choice of time.
• Lots size in % of current account balance (+ actual profits) or fixed lots.
• Security alert in case of risky money management.
• Break even and trailing stop automatically set according to market conditions.
• Max allowed spread and slippage.
• Trading alerts (terminal and/or smartphone notifications)
• All bot orders are saved into a .csv file to analyze the bot’s results separately.

Note: Do not use with another currency pair than EUR/USD.

See my other products here.