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  • Comments (7)
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H4 Trend

5

Introduction

H4 Trend Forex trading robot - An easy to use and fully automated trading robot designed to trade the H4 chart to catch trend movements. Buy/sell signals generated by crossing moving average indicator. Orders always use virtual stop loss,take profit and trailing stop plus a following hard stop just in case a loss of sever connection occur to secure funds.

Characteristic features
  • No dangerous techniques such as martingale, hedging or any other
  • Low draw down
  • Safe stable trading
  • Easy to optimize, focus on TP/SL and trailing levels plus indicator
  • Virtual take profit, stop loss and trailing stop levels
  • ATR (Average True Range) calculated take profit and trailing stop
  • Risk assessment - Trade with fixed lots or dynamic position size percent (dynamic always recommended)
  • ADX trend strength filter
  • Low initial deposit - $200/$20 for cent accounts based on account leverage 1:400-1:500
  • Default settings ready to be used on EurUsd H4
    Optimizations

    A period of minimum 6 months more/less are quite good enough to obtain good settings to use. H4 Trend's default settings optimized on EurUsd with high quality Ducas copy tick data and fully tested on 'Every tick' with variable spread and slippage, commission and swaps - as near live trading as it gets!

    Expert menu settings

    • I refer to screenshots
      In general how to Purchase/install/update a market Product


        Reviews 2
        matzepang
        276
        matzepang 2019.09.20 16:22 
         

        Backtest looks amazing

        Will Update Review later

        PeterSwaby
        1483
        PeterSwaby 2019.08.13 10:41 
         

        This is a very good expert advisor and I have made money using it.

        Regards

        Peter

        Update: I have just tested the latest version, v1.32, of H4 Trend in backtest using Ducas tick data for EURUSD and USDCHF and profits were made with a low drwadown in both cases.

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        matzepang
        276
        matzepang 2019.09.20 16:22 
         

        Backtest looks amazing

        Will Update Review later

        PeterSwaby
        1483
        PeterSwaby 2019.08.13 10:41 
         

        This is a very good expert advisor and I have made money using it.

        Regards

        Peter

        Update: I have just tested the latest version, v1.32, of H4 Trend in backtest using Ducas tick data for EURUSD and USDCHF and profits were made with a low drwadown in both cases.

        Reply to review
        Version 1.36 2020.08.15
        This version;
        1: A tiny pointer bug fix
        Version 1.35 2020.05.16
        This version;
        1: An alert message was removed
        Version 1.34 2020.05.06
        This version;
        1: Some minor improvements to order module and risk assessment
        2: Settings menu simplified by numbering
        3: Hard stop now automatically adjusted against virtual stop loss
        Version 1.33 2020.03.18
        This version;
        1: New risk assessment system - Dynamic position sizing or fixed lots size
        2: Small bug fixes - removal of unused switches

        Note: Use advisers default settings only on EURUSD time frame H4
        Version 1.32 2019.09.16
        This version:
        1: ADX filter added. Now you can choose desired trend strength for market entries
        2: New optimized set file added in comments field (EURUSD H4)
        Version 1.31 2019.08.30
        This version;
        1: A reminder to all users of this product - Leaving a review after a while of usage
        Activated upon initiation and chart removal

        It's important that you leave a review about this product and this is general practice for any other products in common, in order for me as a developer and other users to get a grip on how you experience using the product in question. Please just don't ignore this!

        Review system available for all products in general - it has a purpose and should not be forgotten or ignored as it's quite important!
        Version 1.3 2019.08.17
        Important update! this version;
        1: Hard stop loss added in case a loss of connection between terminal and broker
        2: Minor adjustments to virtual order management
        3: Code improvements and minor bug fixes
        Version 1.2 2019.07.20
        New version update with virtual (broker hidden)take profit, stop loss and trailing stop. Now your broker doesn't have a clue of what levels H4 Trend use in it's orders and the orders also get executed where they suppose to be executed as spreads and stop levels now ignored by H4 Trend EA as all levels are hidden and not stored at the brokers server! Plus a bit more profitable :)
        Version 1.1 2019.07.18
        Upgraded version with Average True Range calculated take profit and trailing stop. As a result of this upgrade now H4 trend will be a lot more profitable. On the other hand a test was done with atr stop loss as well but this didn't work that good and resulted in an increase of draw down which we don't want right ;)

        I also want to say thanks to all who purchased this expert adviser and i wish you all the best success with it and don't forget to leave a review later on ;)