FractTrend PRO EA
- Experts
- Version: 1.1
- Updated: 6 November 2020
- Activations: 5
FractTrend PRO EA algorithm detect the entry point base on the Fractal and EMA indicator.
How EA works:
Bullish entry When a trade is opened, the take profit must be set at the same distance from the last "swing" and if the price goes against the entry, a cover (sell stop) will be opened at 10 points. This sell stop must be programmed at a lot of 0.02 and as the price progresses towards that sell stop, hedges must be started every 10 points adding one lot each time, example: 0.02 the next 0.03 and so on respectively. a maximum number of operations must be programmed until reaching 0.1.
When the hedges are opened and the trade is already positive around a specific amount of money, all positions will be closed.
Bearish entry
This has the same previous conditions, only this time in bear markets changing the sell stop by buy stop.
When a transaction is opened, be it a purchase or a sale and the price touches any of the hedges but does not close the positions but is returned again, the hedges must be opened in the other direction, opening them from the point where the trade It was initially opened Example in a bull market a buy is opened but the price goes against and touches a hedge and returns back to its trend, in those cases 2 more hedges must be opened at the point where the initial trade was opened . the hedging must be progressive from 0.02 to 0.1 both up and down, until the trade becomes positive. When this positive, all positions must be closed.
Other products
- PipFinite Trend PRO EA: https://www.mql5.com/en/market/product/56904
- Breakout EDGE EA: https://www.mql5.com/en/market/product/56909
- Impulse PRO EA: https://www.mql5.com/en/market/product/56697
- Reversal PRO EA: https://www.mql5.com/en/market/product/56692
- Exit EDGE EA: https://www.mql5.com/en/market/product/56698
