Trend Catcher exp mt5
- Experts
-
Ramil Minniakhmetov
Rebate is part of the spread, which is returned to you through a partnership company. This allows you to receive additional revenue from trading in the forex market.
To get a refund of the spread - - Version: 1.0
- Activations: 5
Trend Catcher EA analyzes market price movements, using the author’s proprietary and customized adaptive trend-analysis indicators. It identifies the true market direction by filtering out short-term noise and focusing on underlying momentum strength, volatility expansion, and price structure behavior. By combining the smoothing and trend-filtering capabilities of special customized indicators such as moving averages, RSI, and volatility filters, the EA can automatically execute trades based on predefined trading conditions.
The system waits for confirmation of a developing trend rather than reacting to every price movement, then looks for controlled pullbacks into a dynamic equilibrium zone before entering in the direction of the dominant trend. This is a martingale/grid EA.
IMPORTANT! Contact me immediately after the purchase to get instructions and a bonus!
Real operation monitoring as well as my other products can be found here: https://www.mql5.com/en/users/mechanic/seller
Pairs and Timeframe:
This EA works well on xauusd or main currency pairs like eurusd; gbpusd, usdcad, audusd; audcad; nzdcad; nzdusd etc. on m15 or higher time frames like H1 for more accuracy.
Settings:
Open new series – True/False – Allow new series
Trade Buy – True/False – Allow buy
Trade Sell – True/False – Allow sell
Manage manual orders – True/False – If trader enter new orders manually the EA will control it
Use Hedge – True/False – Allow hedging
Order Comment – EA Trend Ai
Max spread (0 – not use) – 0 - Maximum spread allowed
Start Hour – Starting hour of EA
End Hour - Ending hour of EA
Magic – the unique magic number that identifies the EA
Order Comment – Trend Catcher
Max Spread (0 – not use) – The maximum spread allowed
---Strategy Settings ---
Max buy orders – the maximum allowed buy orders
Max sell orders – the maximum allowed sell orders
Initial lot – the initial lot to start trading
Autolot – true/false – enable/disable auto lot calculation
Autolot size. Free margin for each 0.01 – 1000 - Amount of the deposit on which start lot is to be used when auto lot is True
Lot Multiplier - Lot multiplier for subsequent orders
Max Lot – The maximum lot size allowed
TP Mode – Virtual – Virtual/Real TP – Virtual Take Profit is not visible, Real Take Profit is visible
TP (0 – not use) – Take profit in points
SL Mode – Virtual/Real – Virtual Stop Loss is not visible, Real Stop Loss is visible
SL (0 – not use) – Stop loss in points
Trail Mode – Virtual/Real – Virtual trail is not visible or Real trail is visible trailing
Trail Start, points (0 – not use) – Start of trailing in points
Trail Step, points – 100 – Start of trailing step in points
Overlap Last order – True/False - Allowing first and last order to overlap to reduce draw down
Overlap last order number – 8 – At what order number will overlap start
Overlap percent – The percentage of profit after first and last order closed simultaneous in total profit
Pause between orders (min. 0 – not use) - Amount of minutes to pause between orders
---Distance Settings---
Fix distance – The distance between orders
Order dinamic distance – from which order number the dynamic distance will start
Dynamic distance start - This value sets the distance between first order and market price, where the dynamic distance will begin
Distance multiplier - The multiplier factor for increasing distance between orders
Next:
---Panel Parameters---
Everything's going great with the EA... I just need to follow the recommendations and wait for a prompt response from the author to my request... I'll see how effective it is over time; so far, everything is as promised...