Market / MetaTrader 5 / Experts /

Big Trend Catcher

FREE

Published: 2 April 2021

Current version: 2.10

Big Trend Catcher

Name: Big Trend Catcher
Author: Aleksandr Davydov

Experts
Aleksandr Davydov
Aleksandr Davydov
Russia

13686
4 (1)
- https://etrid.pro
6 products 5 codes 5 topics 5 comments
Version: 2.10
Updated: 10 April 2021

Expert description

The Expert Advisor's trading system is based on entry and exit at a certain deviation of the asset price from the moving average value.

The Expert Advisor has a number of parameters, by manipulating which you can implement different trading systems and also get different results when trading on different assets,

keep this in mind when setting up an Expert Advisor and do not use standard settings on all instruments and time frames.

Recommendations for use

The EA working time frames are M5, M10, M15, M30, H1, H4, D1

I recommend that you work on D1, since the inputs of the Expert Advisor will be the most effective with relatively low risks.

We recommend using a robot on index CFDs, in particular, the EA shows good results on NASDAQ futures

We recommend using a volume step (InpVolumeStep) 0.01 for a smooth increase in position volumes

We recommend using a small amount of profit for fixing (InpMinimumProfit) to constantly update the used volumes and increase the position

The recommendation to reduce the risk is to increase the value of the volume ratio (InpLongCoefficient and InpShortCoefficient), the larger it is, the less volume will be involved and less drawdowns will be felt. The lower the value is set, the more the volume used will change.

Set all parameters depending on the asset you are going to work on

It is not recommended to use an Expert Advisor at forex due to the "eternal sideways trend"

We do not recommend using short positions (InpUseShort) when trading stocks, commodities and indices

Parameter Description

Volume config

InpLongCoefficient - Coefficient for calculating the used volume for long positions

InpShortCoefficient - Coefficient for calculating the used volume for short positions

InpVolumeStep - Usable volume step

InpMinimumVolume - Minimum used volume

InpMaximumVolume - Maximum usable volume

InpMinimumProfit - The minimum required profit, at which profit is fixed and a new position is opened in the same direction, is indicated in the profit value

InpUseIntegerVolume - Using integer volume

Position config

InpUseLong - Allowing to use long positions (if false, the EA will not be allowed to open long positions)

InpUseShort - Allowing the use of short positions (if false, the EA will not be allowed to open short positions), we recommend disabling this parameter when working with indices and stocks

Time config

InpWorkedHourForD1 - The hour at which the algorithm is processed on the D1 time frame

MA config

MovingPeriod - Moving Average period

MovingShift - Moving Average shift

InpMACoefficient - Coefficient of price deviation from Moving Average at which a position will be opened

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