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Trendsignal EA

Trendsignal Expert Advisor trades are based on trend following strategy signal received from Trendsignal indicator. You can download it here: https://www.mql5.com/en/code/10928 for visual signals on chart.

Trading Strategy

Trendsignal Expert Advisor is a multi-pair EA. It can work with all timeframes, all currency pairs including commodities. But the most profitable recommended settings are H1 timeframe with the following currency pairs: EURUSD, GBPUSD, USDJPY, USDCAD and USDAUD.

Settings for H1

  1. LotSize user defined.
  2. Riskmanagement=true/false for automatic lot size according to account balance.
  3. Risk%risk percent from account balance for calculating automatic lot size.
  4. Takeprofit=60 pips.
  5. Stoploss=40 pips.
  6. TrailingStop=40 pips.
  7. Breakeven=0.

Performance results

With these settings, Trendsignal EA becomes highly effective with low drawdown about 15% with risk/reward ratio as 4/6 which is very good with above mentioned 5 pairs.

Artem Borisov
Artem Borisov 2015.12.04 13:10 

User didn't leave any comment to the rating

Jeanne Barkhuizen
Jeanne Barkhuizen 2014.12.08 19:16 

Works very good on H1 charts if you trade about 10 works on every pair i have tested so far really good.