Advanced TrendFollower Pro
- Experts
- Version: 1.2
- Activations: 5
Description: Trading Strategy: This Expert Advisor is based on a classic trend-following system. It uses the crossover of two exponential moving averages (Dual EMA) to identify potential market reversals. To filter out false signals in sideways phases, the system uses the Average Directional Index (ADX) as an overarching trend guardian. A trade is only opened if the ADX signals an established, strong trend. The evaluation of signals is resource-efficient and occurs exclusively at the opening of a new candle.
Risk Management: The EA completely avoids risky methods such as Grid or Martingale. Each position is secured with a fixed Stop-Loss (SL) and Take-Profit (TP). The algorithm dynamically adjusts the minimum stop levels to the broker's specifications to avoid execution errors during volatile phases. A maximum of one position is open at any given time.
System Parameters:
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LotSize: Fixed trading volume per trade.
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StopLoss / TakeProfit: Distance in points for protection and profit-taking.
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FastEMA / SlowEMA: Period length of the two moving averages.
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ADXPeriod / ADXThreshold: Calculation period and threshold (e.g., 25) for trend strength.
