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Trend Tracker MT5

49 USD

Demo downloaded: 34

Published: 23 November 2023

Current version: 1.3

Trend Tracker MT5

Experts
Stefan Schwab
Version: 1.3
Updated: 25 November 2023
Activations: 5

How does the EA work?
This is a simple EA that trades Bullish & Bearish Engulfings. At the end of a candle, the system checks whether the previous candle, including the wick, has been reversed.
If this is the case, a stop order is placed in the market for 1 candle in the direction of the trend.

What was the focus on?
The focus is on particularly small account drawdowns.

Other information?
I have achieved the best results on M30 in DAX.c. In principle, however, you can also trade all other indices or Forex with it.
The EA scores particularly well on trend days.

What setting options are available?
Direction: long, short, both
Position size
TP and SL
Multi-level profit protection, incl. trailing stop
Time unit
Minimum and maximum size of the trigger candle
Trigger candle addition (for the stop order)
Start time, end time and close time
Trading day selection

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Version 1.3 2023.11.25

Standard settings optimized.