PoundYen Trend Follower

PoundYen Trend Follower


PoundYen Trend Follower is a fully automated expert Advisor that trades on trend rollbacks. In its analysis, the expert Advisor uses certain formations of price behavior and indicator values on different time ranges. Upon reaching certain conditions for the opening and closing of positions the EA trails the trade entry and exit. The expert Advisor automatically calculates the volume of the transaction to enter depending on the free Deposit funds, but it is also possible to set it manually.

Does not use martingale, grid, doubling and other risky strategies!
PoundYen Trend Follower has been tested on a real account for about six months. It also includes an algorithm of actions from unforeseen situations such as restarting the terminal or the computer as a whole, from short-term Internet outages. 

Requirements
  • Use with GBPJPY currency pair.
  • Availability of quotations M1 at least 3 days.
  • In order to obtain better results it is recommended ECN broker with low spreads and use VPS with low ping to the server of the broker.

Input parameter

MoneyManagment Options
  • AutoLot - using internal algorithm for managing capital.
  • ofDepo - the level of risk to the transaction as a percentage of the free Deposit funds. Works when AutoLot = true.
  • ManualLot - independent choice of the lot. Works when AutoLot = false.
TimeZone Parameters
  • DifBrokerGMT-difference between terminal time and GMT time. Use winter time! (Example of correct parameter setting: Tokyo = GMT +9 --> DifBrokerGMT = 9.   New York = GMT -5 --> DifBrokerGMT = -5)
  • BrokerDST - the use of a broker of the transfer time for the summer.
  • DSTStart - the drop-down list with options of the transfer time for the summer. Works if BrokerDST = true. 
  • DSTEnd-drop-down list with the choice of time transfer to winter. Works if BrokerDST = true. 

Trade Parameters

  • MAGIC is the identification number of open positions for which the expert keeps track of its position.
  • Slippage-maximum slippage in points.
  • NumberOfTry-number of attempts to open/close positions in case of failure.
  • CommentOrd-comment to open positions.
When setting the DifBrokerGMT parameter, it is extremely important to use the winter time of your terminal to calculate the difference from GMT time. If dropdown list DSTStart and DSTEnd is not your standard transition time, asking me to notify and I'll add to the list. 

To test PoundYen Trend Follower in the strategy tester, please use real (not demo) quotes of your broker. It is recommended to test on M1 timeframe, as the strategy tester in MT4 on large timeframes often skips bars when generating ticks of small timeframes, which leads to an incorrect calculation of the input signal.


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Nadiya Mirosh
Experts
Gyroscope        professional forex expert   (for EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, EURGBP, EURJPY, NZDUSD, USDCAD, EURCHF, AUDJPY, CADJPY pairs)   alyzing the market using the Elliot Wave Index. Elliott wave theory is the interpretation of processes in financial markets through a system of visual models (waves) on price charts. The author of the theory, Ralph Elliott, identified eight variants of alternating waves (of which five are in the trend and three are against the trend). The mov
Aussie Loonie EA MT4
MQL TOOLS SL
5 (2)
Experts
Aussie Loonie EA is a professional trading system developed exclusively for the   AUDCAD   currency pair. This cross pair is widely recognized for its stable and technical behavior, which makes it particularly attractive for traders who prefer structured and predictable market conditions rather than extreme volatility and sudden price spikes. By focusing solely on AUDCAD, the system is able to   adapt precisely   to the specific characteristics, rhythm and movement patterns of this pair. The EA
Trendalgo AI MT4
Stefano Frisetti
Experts
TRENDALGO is an EA that uses ARTIFICIAL INTELLIGENCE to trade 100% automatically and as the name says it is a TREND FOLLOWING EA, it works well on ASSETs that are TRENDING. AI is used to identify the moment in which volumes, volatility and momentum explode, according to a proprietary equation created by me which takes these values ​​into consideration as objective data and never uses any indicator. TRENDALGO opens a new TRADE and follows it by continuously adjusting STOP LOSS and TAKE PROFIT, f
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uchimi
1795
uchimi 2019.04.08 18:32 
 

After the sale,

First trade is a big loss!

and

No Stoploss!

Very dangerous!

This system is the MAX MAX MAX worst !!!

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