AI Pullback Trend Continuation Trader
- Experts
- Version: 1.1
Join strong trends at better prices after a pullback.
How it works
On each new bar of the signal timeframe (H1 by default) the EA defines the trend with two filters: EMA 50 above EMA 200 for an uptrend, or below it for a downtrend, and ADX 14 above a threshold (20 by default) so that weak, sideways markets are skipped.
It then waits for a pullback. In an uptrend price must touch or dip into the zone between EMA 20 and EMA 50 within the last few bars. The entry comes when a closed bullish candle resumes the trend, closing back above EMA 20 or above the previous candle high. Sell signals use the mirrored rules. After each trade a fresh pullback is required.
The stop loss sits below the pullback low (the lowest low of the last N bars) plus an ATR buffer, capped by a maximum ATR multiple. The take profit is a reward ratio multiple of the stop distance.
Key features
- EMA 50 / EMA 200 trend definition with ADX strength filter
- Pullback into the EMA 20 / EMA 50 zone
- Resumption candle entry on closed bars only
- SL beyond the pullback extreme with ATR buffer and cap
- TP by reward ratio
- Break-even and ATR trailing stop
- No grid, no martingale, no averaging, no hedging
- Every trade is opened with SL and TP
Recommended
Forex majors, XAUUSD and indices, signal timeframe H1 or H4.
Inputs
Risk percent, maximum lot cap, magic number, signal timeframe, EMA periods, ADX period and minimum, pullback bars, ATR period, swing bars, SL buffer, maximum SL, reward ratio, break-even and trailing distances.
Risk note
Trading involves substantial risk. Test on a demo account first.
