This EA strictly follows the trend using the integrated indicator, which determines the future direction of the price. The EA automatically controls all processes and calculates the required step for the stop loss depending on the user-defined take profit. If the trailing stop is activated, the EA automatically calculates the required step, but the higher the take profit, the higher the trailing stop values will be. The EA has shown good results in testing. It is resistant to rapid price changes on the market during the news releases. The averaging system is used in case of a false signal from the indicator. The minimum deposit is $20 or more for cent accounts and $2000 for real accounts. Any currency pair can be used, but the GBPUSD is recommended. Timeframe: H1 or higher.
The EA settings do not contain numerous incomprehensible options! Everything is clear and simple! The robot automatically performs almost everything. This way, the settings include only the most important points.
- Auto lot - Automatic lot. The sum for 0.01 lot should be specified here. For example, if it is set to 100 and the deposit is $100, the lot size will be 0.01. If the deposit is 300 - 0.03 lot, etc...
- Order lot - If the above value is equal to 0, the lot size will be fixed and equal to the value specified here.
- Trailing Stop - Trailing stop. It can be enabled or disabled. If enabled, the EA automatically disables take profit and maintains orders using the trailing stop. Do not enable it if the take profit is 0, trailing stop is related to take profit. It may bring more profit if a greater take profit vale is specified.
- Take profit - Take profit. Stop loss is set to each order and calculated automatically!
- Indicator bars - Parameters for the indicator to calculate the trend. The optimal value is 30 bars, it was obtained after a prolonged testing.
- Magic number - Magic number. Do not change the number when trading different pairs! The EA is able to distinguish different pairs and it will never confuse the orders! However, if there are multiple experts running in the terminal, the magic number must not coincide with that of another EA.