CutTheTrend FX

CutTheTrend FX is an automated trading Expert Advisor, which does not use indicators, because the analysis of history often leads to incorrect decisions in the future. The Expert Advisor analyses the current market situation based on Price Action and opens a position according to these calculations.

It opens one position, but, if necessary, can apply grid algorithms to maintain positive operation. Also the EA is equipped with protective techniques, such as Trailing stop and Risk Blocking (see the description below) and control of the number of open positions.

For convenience, it has the function of monitoring trading hours.


The overview of my other useful products is available in my Profile


Instructions

  • Expert Advisor settings: Settings in discussion!
  • Currency pairs: EURUSD
  • Time Frame: M5.
  • Brokers: any (I can provide recommendations in a currency pair)
  • Trading time: any
  • Minimum deposit: 500$.
If you cannot keep your PC on for 24 hours 5 days a week, you should use the built-in VPS service, because uninterrupted work is required for the proper operation of the EA.


Parameters

  • Enable Table - show/hide the table;
  • Lots - fixed lot;
  • Take Profit(in pips) - (10.0 = 100 points with 5-digit quotes);
  • Lot Multiplication - lot multiplier if the first lot has not closed by Take Profit;
  • Step Lots - after this step an order with a multiplied lot will be opened;
  • Trailing Stop - enabling Trailing Stop. (As soon as a floating profit exceeds the Trailing Stop value, a stop loss order is placed at a Trailing Stop distance from the current price.)
  • Start Trailing - minimum profit in poi8nts, after which Trailing Stop is placed;
  • Trail Stop - minimum step for Trailing Stop;
  • Risk Blocking - if set to "True", the EA will close all trades after the Maximum Risk value is exceeded;
  • Maximum Risk - the maximum risk value for the "Risk Blocking" parameter. If Risk Blocking = True, all positions will be closed after this value;
  • Max Open Orders - a limit on open orders;
  • Slippage - the maximum allowable slippage for opening positions;
  • Magic Number - the magic number to identify the EA's positions.


Trading time

  • Start Minute - trading start minute, the terminal time (trading is not stopped if set to 0);
  • Start Hour - trading start hour, the terminal time (trading is not stopped if set to 0);
  • Stop Minute - trading stop minute, the terminal time (trading is not stopped if set to 0);
  • Stop Hour - trading stop hour, the terminal time (trading is not stopped if set to 0);
  • Starting Trade Day - trading start day, the terminal time (trading is not stopped if set to 0);
  • Ending Trade Day - trading end day, the terminal time (from 1 to 7, not applicable if set to 0).


Have a happy trading.

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MQL TOOLS SL
4.64 (66)
The Bitcoin Robot  MT4 is engineered to execute Bitcoin trades with unparalleled   efficiency and precision . Developed by a team of experienced traders and developers, our   Bitcoin Robot   employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with   M5 timeframe , ensuring that you never miss out on lucrative opportunities.   No grid, no martingale, no hedging,   EA only open one position at the sa
Apache MHL Moving Average
Paulo Roberto Da Costa
Sinal (GOLD/XAUSD) - 16 meses ativo e mais de 6 mil negociações em conta Standard (alavancagem de 1:400):   https://www.mql5.com/pt/signals/2278431 Produto para MetaTrader4:  https://www.mql5.com/pt/market/product/159627 Produto para MetaTrader5:  https://www.mql5.com/pt/market/product/160313 O Apache MHL Moving Average Expert Advisor ou simplesmente "Apache MHL" é um robô que opera no ativo GOLD/XAUUSD utilizando estratégias baseadas em médias móveis e gestão de risco com Martingale. O usuári
Night Hunter Pro
Valeriia Mishchenko
4.38 (53)
EA has a  live track record  with many months of stable trading with  low drawdown : All Pairs 9 Pairs Night Hunter Pro is the advanced scalping system which utilizes smart entry/exit algorithms with sophisticated filtering methods to identify only the safest entry points during calm periods of the market. This system is focused on a long-term stable growth . It is a professional tool developed by me years ago that is constantly updated, incorporating all the latest innovations in the trading a
Goldbot One MT4
Profalgo Limited
5 (5)
PROMOZIONE DI LANCIO: Ne sono rimaste solo poche copie al prezzo attuale! Prezzo finale: 990$ NOVITÀ: acquista Goldbot One e scegli 1 EA gratis!! (per 2 account commerciali) UNISCITI AL GRUPPO PUBBLICO:   Clicca qui   Offerta Combo Ultimate     ->     clicca qui LIVE SIGNAL Vi presentiamo     Goldbot One   , un robot di trading altamente sofisticato progettato per il mercato dell'oro. Concentrandosi sul breakout trading, Goldbot One sfrutta sia i livelli di supporto che quelli di resistenza p
HFT Fast M1 Gold Scalper V8 EA
Martin Alejandro Bamonte
2.33 (3)
VERSIONE ULTRA OTTIMIZZATA – MT4 HFT FAST M1 GOLD SCALPER V8.2 , nella sua versione MT4, è il rilascio più potente, stabile e raffinato fino ad oggi. HFT è uno scalper ad alta frequenza che opera esclusivamente sull’Oro (XAUUSD) nel timeframe M1, eseguendo un gran numero di operazioni ogni giorno. Supporta una leva finanziaria fino a 1:500 e funziona con size di lotto molto ragionevoli per una vera strategia di scalping. Per questo motivo, è necessario utilizzare conti dedicati al trading scalpi
TPS Gold Scalper EA - High-Risk Edition: Seize Gold Trading Opportunities with Aggressive Precision Minimum Equity :- 1000 $ Trading Timeframes :- H1 Recommended pair :- XAUUSD Experience the next level of gold trading with the TPS Gold Scalper EA - High-Risk Edition. Designed for traders who thrive on high-risk, high-reward strategies, this advanced trading robot is your ticket to harnessing rapid price movements in the gold market. Aggressive Scalping Algorithm: The TPS Gold Scalper EA is p
Altri dall’autore
Flow Of Lines
Roman Vashchilin
5 (1)
Flow Of Lines The indicator calculates and shows on a symbol chart trend channels, as well as the price movement channels, each of which corresponds to its specific timeframe. This method provides easy analysis of long- and short-term trend movement dynamics. In addition to all of the above, the indicator displays breakouts and the presence of a strong trend in the digital format (on the right top of the table). The lines that serve as the channel borders, can be at the same time used as certai
Two Ways Signal
Roman Vashchilin
5 (1)
This indicator works based on an improved system of triple moving averages (MA). In conjunction, this system is able to deliver impressive results in trading. The indicator is easy to use. It represents 2 arrows which are automatically drawn after a bar is closed, showing where the price is likely to move in the nearest future based on the combination of the signals from all MAs. What is Moving Average (MA)? It is one of the most popular, proven and efficient methods for Forex trading. Its prim
This indicator is built on a high-precision strategy, which is based on a set of different Moving Averages. Together they form a strategy that provides stable, and most importantly accurate signals. What is a Moving Average (MA) It is one of the most popular, proven and effective ways to work in the Forex market. Its task is to average price values by smoothing local movements, thereby helping the trader to focus on the major price movements. How to Trade By default, the indicator has 2 lines
The FX Scientific Scalper is a fully aitomated trading system for efficient scalping trading in the Forex market. The Expert Advisor uses a number of mathematical calculations for position opening. Does not use martingale. Does not use aggressive trading. Does not accumulate drawdown. The Expert Advisor trades smoothly and gradually increases its capacity. Its priority is saving the deposit. This significantly increases the chances of successful trading and minimizes risk. The robot can calculat
Waves Of Fibonacci
Roman Vashchilin
3 (2)
The principle of the indicator operation lies in the analysis of the currency pair history and determining the beginning and the end of the "power" driving the current trend. It also determines the Fibonacci levels in the main window. The indicator also shows how long ago the local Highs and Lows have been reached. How to Use Waves in the subwindow show the strength and the stage of the trend movement. That is, if the waves only start rising, then the trend is in the initial stage. If the waves
Smooth Patterns
Roman Vashchilin
Trading patterns on Forex is considered to be the highest level of trading, since it usually requires years of mastering various patterns (shapes and candle combinations) and the ways they affect the price. Patterns are different combinations of Japanese candles on a chart, shapes of classical technical analysis, as well as any regularities of the market behavior repeating many times under the same conditions. After the patterns appear on a chart, the price starts behaving in a certain way allow
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