BigPips Trend Vision EA Free
BigPips Trades Trend Vision (BPTV) Expert advisor is a Multi Timeframe and Multi Asset Class Trend Expert advisor for Forex, Index, Stock, CFDs, Metal, Energies, Commodities Futures, Crypto/Bitcoin.
The EA takes trades by applying same fundamental rules as Market makers respecting Previous support and resistance. BPTV EA Trades with sound risk for reward basis for a trading decision with trending signals from the highest Time frames including D1 W1 and M1 using RVI and Stochastic Oscillator, EMA200 and EMA fast and slow moving Average indicators.
The EA allows for the automation of Trading risk management by adjusting lot size relative to risk and partial closing of trades prior to reaching ultimate Target of market maker.
This Free Version of the EA is by no means a complete representation of the Basic nor the pro version as the order system developed by BigPips is much more similar to that of the market makers. However, this free version includes a few of the Trend Vision EA's feature such as the EMA200, Support and Resistance as well as overbought/oversold Price action.
The Trend Vision Free EA is a profitable EA which will help traders to get a good feel of how the market moves and is not just about avoiding losses and making max profit. The EA Basically follows the market and take what the market gives while avoiding losses.
Please see screenshot for comparison of BigPips Free EA with the Basic and Pro EA.
1)NOT Risk/Profit Parameter
2)Support Resistance Bars Range