TFollower MT5 Free
The TFollower MT5 Free Expert Advisor - free version of TFollower MT5 EA
Restrictions in the free version:
Works on GBPUSD only.
Fully automated trading system that finds changes in the trend and opens medium-term positions in its direction. Minimal number of indicators and parameters are used in the EA, a lot of attention was payed to its universality.
- StopLoss is always set.
- "Dangerous" strategies are NOT used.
- NOT sensitive to spread, execution speed or type of the trading account.
- Small initial deposit.
Currency pairs and timeframe
- Recommended timeframe - H4.
- Recommended minimum deposit - $100.
- EAMagic - EA's magic number.
- AutoLot - can be set to true or false. If true, the EA selects the lot size for trading depending on the balance value.
- TradingLot - lot size is set by a user, if the value of AutoLot is false.
- Risk - percentage of the deposit used for the automatic calculation of the lot.
- DD - maximum allowed drawdown.
- CommentOfOrder - comment to orders. Can take any value.
- TrailingStop - trailing stop in points.
- TakeProfit - take profit in points.
- StopRange - distance from Moving Average with a period of 10 to set StopLoss, in points.
- HiddenStops - can be set to true or false. If true, the Stoploss and Takeprofit levels are hidden.
- ATRPeriod - period of the ATR indicator.
- CommissionFor1Lot - broker commission for 1 lot, in the deposit currency. If your account does not have a commission, set to "0".
- BrokerPrefix - if your broker uses prefix in currency names, like "fx", type it in parameter's field.
- BrokerSuffix - if your broker uses suffix in currency names, like ".pro", type it in parameter's field.
- AccountFillingType - type of order execution for this type of account. If the advisor does not open positions with default value of this parameter - select another type of execution.
I will be happy to answer any questions you may have.
Have a successful trading!
The EA doesn't trade every day. Please, be patient.