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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Valeriia Mishchenko
No losing months since August 2019, with a 2.04% monthly gain: Live performance MT 5 version can be found here Sentinel AI is fully automated trading system is built for major forex pairs such as EURUSD and GBPUSD on the M5 timeframe. By combining price action and mean reversion principles with advanced AI-driven analytics, it is designed to identify potential trend reversals and exploit market inefficiencies with greater accuracy and efficiency. Supported currency pairs: EURUSD, GBPUSD Timefram
Supply Demand EA ProBot
Georgios Kalomoiropoulos
4.67 (9)
Un EA completamente automatizzato basato sui principi della domanda e dell'offerta . La prima azienda a offrire un servizio di consulenza su domanda e offerta completamente automatizzato . Fare trading è più facile che mai. Assumi il pieno controllo della tua strategia di trading con la nostra dashboard di trading con grafici di facile utilizzo. Ottieni un software di trading algoritmico di alta qualità che copre tutti gli stili di trading (manuale, semi-automatico, completamente automatizzato).
Real monitoring :   XAUUSD M30 SL3 ,          XAUUSD M30 SL5 For more information, please contact us via private message or in  the mql5 group. THERE   ARE   ONLY  1   OUT   OF   10   COPIES   LEFT   AT   A   PRICE   OF  649   USD ! AFTER   THAT , THE   PRICE   WILL   BE   INCREASED   TO  920   USD . Imagine that you have an experienced trader who monitors the market every day, waits for the price to break through an important level, and instantly opens a deal. That's exactly what this advisor
Price Action Robot is a   professional trading system   built entirely on real market behavior without indicators, grid strategies, or martingale systems. It analyzes   pure price action , focusing on structure, trend dynamics, and key market movements to identify high probability trading opportunities. The system is designed to read the market the same way experienced traders do, using logic based on real price movement rather than lagging indicators. It reacts dynamically to changing market co
Gold Grail Expert (GGE for short) adopts a unique design to follow the trend of gold fluctuations. When the price of gold goes to one side, the program will open orders in the intermittent of callback trend. Meanwhile, GGE adopts multiple filtering methods including Bollinger Bands, RSI, ADX and DeMarker to improve the accuracy of the signal for trade. Each order has Stop-loss and Profit-take setting automatically to effectively ensure the profit. Foreign exchange is a high risk market. Most in
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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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