Kurofune MT4
- Experts
- Version: 1.15
- Activations: 5
KUROFUNE MT5 – Trend Following Expert Advisor
Overview
KUROFUNE MT5 is a trend-following Expert Advisor designed for MetaTrader 5, with a focus on XAUUSD (Gold).
It combines multi-timeframe Stochastic direction analysis, price-movement confirmation, initial stop-loss protection, break-even exit logic, peak-profit protection, and ATR-based trailing stops.
The EA aims to identify directional market movements, manage trade risk, and protect accumulated profits while allowing profitable trends room to develop.
Key Features
Multi-Timeframe Trend ConfirmationUses the H1 Stochastic indicator together with a configurable confirmation timeframe, M30 by default, to identify aligned market direction.
Price-Movement Entry ConfirmationAfter a directional signal appears, the EA waits for a configurable favorable price movement before entering a trade. This helps avoid entering immediately when a signal first appears.
Initial Stop-Loss ProtectionPlaces an initial stop loss based on a configurable distance in pips to help limit adverse price movement.
Break-Even Exit ManagementIncludes logic to close a trade if it returns to break-even after reaching a specified profit threshold.
Peak-Profit ProtectionTracks the highest floating profit and can close a position when profit falls to a configurable percentage of that peak. Separate settings are available for smaller and larger profit levels.
ATR-Based Trailing StopUses the Average True Range (ATR) to dynamically calculate trailing-stop distances based on market volatility.
Consecutive-Loss PauseAfter two consecutive losing exits, the EA pauses new entries until the H1 and confirmation-timeframe directions diverge and subsequently align again, according to its built-in trend-waiting logic.
Flexible Trading ParametersUsers can adjust lot size, stop-loss distance, entry confirmation movement, Stochastic settings, ATR parameters, profit-protection thresholds, and other trading settings.
Automated Trade ManagementOnce a position is opened, the EA manages its protective exits and trailing stop automatically.
Advantages
Combines trend direction and favorable price movement for entry decisions.
Provides multiple layers of trade management rather than relying on a single exit method.
Helps protect accumulated floating profits through configurable peak-profit rules.
Uses volatility-based trailing stops to adapt to changing market conditions.
Includes a pause mechanism after consecutive losing trades.
Offers adjustable settings for different testing approaches and risk preferences.
Designed with XAUUSD trading in mind.
Recommended Use
KUROFUNE MT5 is intended for traders who prefer trend-following strategies and automated trade management. It is recommended to test the EA with your broker's XAUUSD symbol, account type, spread, and execution conditions before using it on a live account.
Backtesting and forward testing on a demo account are strongly recommended before live trading.
Risk Disclaimer
Trading leveraged financial instruments, including gold, involves significant risk. The EA does not guarantee profits or prevent losses. Market conditions, spreads, slippage, execution quality, and broker specifications can affect trading results. Past performance does not guarantee future results. Please use appropriate risk management and trade only with funds you can afford to lose.
