Market / MetaTrader 5 / Experts /

TrendFollowMT

200 USD

Demo downloaded: 107

Published: 21 August 2020

Current version: 1.1

TrendFollowMT

Experts
King Lok Leung
Version: 1.1
Activations: 10

TrendFollowMT is a fully automated trading system which is using large time frame to determine the trend and use small time frame to find the entry point.

Once the trend changed to opposite side, the system will wait for another entry point to recover with bigger lot size.

Moreover, the target profit will be moved up when more position had been opened. The aim is to cover the cost of waiting time and risk.

Trend filter: ADX and zzFibo (suggest time frame: H4)

Entry: RSI and Pin bar (use current time frame, suggest time frame: H1)

Addition position: RSI (suggest time frame: H4) and Pin bar(suggest time frame: D1)

Warning

Past performance is no guarantee of future results.
Martingale System is at high risk.

Free version: Link

Parameters:

magicNum - Magic Number
comment - Comment for the trade
maxslippage - Maximum Slippage
maxSpread - Maximum Spread allow to trade
mTP - Target Profit in Money
mSL - Stop loss in Money
initial lot size - initial lot size
lot Multiplier - lot size multiplier when add other position, if 2, initial lot = 0.01, the lot size of first additional position = 0.02, lot size of second additional position = 0.04
maxOrder - Maximum position number
TrendFilter TimeFrame
Enable TrendFilter - ADX
ADX Period
Enable TrendFilter - zzFibo
zzFibo look back period
RSI Entry
RSI period(Entry)
Pin Bar Entry
Tail(Entry) size - between 0.01 - 0.99
RSI Add Position
PinBar Add Position TimeFrame
RSI period(Add Order)
PinBar Add Position
PinBar Add Position TimeFrame
Tail(Add Order) size - between 0.01 - 0.99

more...

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