Trend Power Bot

2.67

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!

If you want to be notified of my new products, please add me as a friend!


Reviews 15
george kingori
44
george kingori 2022.10.18 18:37 
 

thanks

Pavels Holusenkovs
903
Pavels Holusenkovs 2022.09.14 20:48 
 

Thank you!Great EA

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Lachezar Krastev
5 (2)
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AscendCapital
2364
AscendCapital 2024.02.19 22:07 
 

User didn't leave any comment to the rating

Guilherme Oliveira
148
Guilherme Oliveira 2023.05.10 21:53 
 

User didn't leave any comment to the rating

palmer134
84
palmer134 2022.11.18 14:26 
 

DANGER for drawdown ¡¡

AspidSerg
145
AspidSerg 2022.11.09 08:28 
 

User didn't leave any comment to the rating

george kingori
44
george kingori 2022.10.18 18:37 
 

thanks

Cristian Mihail Pauna
13168
Cristian Mihail Pauna 2022.09.29 05:04 
 

User didn't leave any comment to the rating

Pavels Holusenkovs
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
36
natan5486 2022.08.01 14:41 
 

User didn't leave any comment to the rating

Lachezar Krastev
82383
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
47
obscise 2022.02.15 05:06 
 

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

Lachezar Krastev
82383
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
27
gr8aarkays 2022.01.29 12:18 
 

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

Lachezar Krastev
82383
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.
Alesamo
1533
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.

Lachezar Krastev
82383
Reply from developer Lachezar Krastev 2021.12.22 19:29
Thank you!
Pablo Cash
105
Pablo Cash 2021.12.21 21:24 
 

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

Lachezar Krastev
82383
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!
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