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Trend Power Bot

FREE

Published: 16 December 2021

Current version: 1.0

Trend Power Bot

Name: Trend Power Bot
Rating: 2.6666667 (6 reviews)
Author: Lachezar Krastev

2.67

Experts
Lachezar Krastev
Lachezar Krastev
Founder at FXAutomater

Bulgaria

83518
4.3 (518)
We are an experienced team of professional Forex Traders and Developers with more than 15 years trading experience, 12 years in developing automated trading systems.

35 products 5 signals 3 topics 21 comments
Version: 1.0

Trend Power Bot is a unique combination between highly efficient breakout detecting algorithm and very effective drawdown compensation money management. The money management could be considered a martingale, but used with low risk, the strategy survives 20+ years trading with acceptable drawdown.

The default /safe/ risk is 0.2% (0.02 lots per $10k account equity) and this is extremely safe. However, if you decide to try your luck, you can bump the risk up to 1% (0.1 lot per $10k account equity) - this could be extremely profitable, buy you have to acknowledge the risk.

The strategy is long-term profitable even without the drawdown compensating algorithm, but the efficiency cannot be compared. This system is designed for people which are “all in” type of persons. We are conservative developers, but we’ve noticed that many traders are jumping on that kind of systems sold for thousands of dollars here … so here you a free one, which is better.

Recommended timeframe: M5

Recommended backtest method: M5 by every tick

Supported currency pairs: GBPUSD

Trend Power Bot Settings

==== Risk Management ====

UseAgresiveMM / true/false/ - activates/deactivates the martingale multiplication after loss
FixedLots – trading lots if AutoMM is not used
AutoMM – with values greater than zero activates the automatic MM calculation – as example 0.5 means 0.05 lots for the initial trade per 10k account equity
LossFactor – martingale multiplication factor after loss
MMStart – after how many which consecutive losses the martingale multiplication will be activated
MMReset – after how many consecutive losses the martingale MM will be canceled and the lot size will be set to the initial AutoMM lot size.
MMMax - the maximum allowed risk in martingale mode

==== General Settings ====

EA_Comment – custom comment, so the trader could identify the trades of Trend Power Bot
MaxSpread - maximum allowed spread in standard 4 digit pips
Slippage - maximum allowed slippage in standard 4 digit pips
Magic - the unique identifier of the robot /Magic Number/
StopLoss – the Stop Loss level of the trade in standard 4 digit pips
TakeProfit - the Take Profit level of the trade in standard 4 digit pips
Trailing – trailing stop of the trade in standard 4 digit pips
StartTrailStop - profit/loss of the trade since which the Trailing Stop will be activated /could be a negative value/
Break – trading signal initiating breackout in in standard 4 digit pips
MAPeriod – period of the moving average used to define the volatility channel
ATRPeriod – period of the ATR indicator used to define the volatility channel
ATRUnit – parameter which defines how wide is the volatility channel

If you like my product, please write a review! I will be very grateful!

You can check out my other products in my profile!

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george kingori 2022.10.18 18:37 #

thanks

903

Pavels Holusenkovs 2022.09.14 20:48 #

Thank you!Great EA

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BUY 1 and GET 1 FREE - Promotion! Buy GOLD Scalper PRO with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $177 (Regular Price: $447 — You Save $270!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Live results: https://www.mql5.com/en/signals/2353871 GOLD Scalper Pro is a very effective and profitable trading strategy, professionally developed especially for trading GOLD (XAUUSD) . I have used the most pr

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The Omega Trend Indicator is an advanced tool that has been specifically designed to detect market trends early, and follow them efficiently. The indicator draws two lines. The main (thicker) Trend Line represents the presumed lower or upper volatility limits of the current market trend. A break in the main Trend Line indicates a potential reversal or shift in the movement of the trend. The Trend Line also indicates the best point to place a stop loss order. In Omega Trend Indicator, the Trend L

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MACD Trend EA is based on the popular forex indicator MACD (Moving Average Convergence Divergence). It is fully automated trading expert advisor and completely FREE! As the name suggests, this expert advisor uses a trend-following strategy and uses the MACD indicator to detect the beginning of uptrends and downtrends. MACD Trend EA Top Features - Trend Following Strategy - Money Management - Advanced Exit System + TP and SL - Trailing Stop System - Broker protection System - Custom Magic Re

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BF News Trader EA is the most advanced FREE tool for high impact news trading on the market. Usually, when a major news event occurs, the price spikes in one or both directions and this creates an opportunity for short-term scalping. If the magnitude of the price movement is big enough, the trader could gain 20, or in some rare cases even more than 100 pips in a few seconds. Of course, nothing is perfect and the liquidity issues in such high volatility moments could lead to spread increase, exe

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Market Insider is an excellent indicator for scalping the trend and also trading market breakouts and reversals. It is based on a ATR measured volatility channel and the CCI indicator. The green trend line and green bars indicates an uptrend and the red trend line and red bars indicates a downtrend. An intensive price breakout of some of the trend lines indicates a market breakout and a potential new opposite trend. In choppy-range behaving market and in low liquidity conditions the breakout sig

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Flex Recovery EA is meant to be almost all the time in the game – everything, but not a boring strategy. It is a countertrend strategy taking trades on the borders of a market volatility channel, combined with highly effective loss compensating algorithm. This strategy is suitable for traders with high risk profile … do not forget that “highly profitable – low risk strategy” is an oxymoron concept. If you want to beat the market at any coast, you must be all in, using aggressive money management

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Bollinger Bands Tunnel EA is a free expert advisor developed with the idea to be useful for traders who love to trade using the popular indicator Bollinger Bands. Bollinger Bands Tunnel EA has very simple trading logic. It trades inside of the Bollinger Bands indicator. When the price crosses the Bollinger Bands upper line and reverses, the EA opens a SELL position. When the price crosses the Bollinger Bands lower line and reverses then the EA opens a BUY position. The algorithm of closing the

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177 USD

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BUY 1 and GET 1 FREE - Promotion! Buy Smart Scalper PRO with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $177 (Regular Price: $447 — You Save $270! Don't Miss!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Smart Scalper PRO is the PRO version of the popular scalper BF Smart Scalper EA with a lot of new features/systems and improvements. Smart Scalper PRO is based on the most proven trading principle since

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Filter:

2364

AscendCapital 2024.02.19 22:07 #

User didn't leave any comment to the rating

148

Guilherme Oliveira 2023.05.10 21:53 #

User didn't leave any comment to the rating

palmer134 2022.11.18 14:26 #

DANGER for drawdown ¡¡

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AspidSerg 2022.11.09 08:28 #

User didn't leave any comment to the rating

george kingori 2022.10.18 18:37 #

thanks

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Cristian Mihail Pauna 2022.09.29 05:04 #

Negative feedback!

903

Pavels Holusenkovs 2022.09.14 20:48 #

Thank you!Great EA

[Deleted] 2022.08.18 03:24 #

User didn't leave any comment to the rating

natan5486 2022.08.01 14:41 #

User didn't leave any comment to the rating

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Reply from developer Lachezar Krastev 2022.08.01 14:58 #

Hello, Thanks for the review. Yes you can use it on other pairs but you must do your own optimization first in order to find the best settings for the new pair.

[Deleted] 2022.03.08 13:19 #

User didn't leave any comment to the rating

[Deleted] 2022.02.22 20:45 #

User didn't leave any comment to the rating

obscise 2022.02.15 05:06 #

i left the bot open for 3/4 days, no trades so far...

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Reply from developer Lachezar Krastev 2022.02.15 07:44 #

Hello, Trend Power Bot does not trade often. So it is normal not to have deals for a few days. Instead of writing a review and complaining about a completely free EA, you should have written to me. Still thanks for the "1" star. You are so generous.

gr8aarkays 2022.01.29 12:18 #

Getting message 'We have no money. Lots.......' Is it issue or some settings ?

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Reply from developer Lachezar Krastev 2022.01.29 13:35 #

Hi, It seems you have a problem with setting correct risk. Please write me a message and i will help you.

1593

Alesamo 2021.12.22 11:59 #

Five stars for now for offering this new bot for free for now! Will test it and update my review. And I absolutely agree with the author regarding the review of "Pablo Cash"...

Update: Stopped using this, doesn't work, sorry.

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Reply from developer Lachezar Krastev 2021.12.22 19:29 #

Thank you!

105

Pablo Cash 2021.12.21 21:24 #

Probando en real, vps 24 horas, y no abre ninguna operacion,

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Reply from developer Lachezar Krastev 2021.12.22 10:16 #

I completely cannot understand people like you - you get a good robot for free and you write a review like that. If you do not understand, if you want to have any chance on the market, you have to execute only reliable signals. The only way to do this is to filter the trades, so the trading frequency is decreased in order to pick only the high probability signals. I suggest you to buy some of the paid robots, which open on random 10 times per day ... there are plenty far inferior quality for 4-5k + dollars price. I wish you luck!