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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Double Blow Scalping EA: An Innovative Advisor for MT4, Inspired by Quantum Technologies - Limited Edition!!! Description: Double Blow Scalping EA is a revolutionary trading algorithm for MetaTrader 4 that combines advanced principles of quantum computing and scalping strategy. His work is based on a unique imitation of qubits, the key elements of quantum computers that allow processing multiple market scenarios simultaneously. This gives the Expert Advisor unprecedented analysis speed and acc
Divo MT4
Anton Kondratev
5 (2)
DIVO EA       è un       Multivaluta   ,       Flessibile   ,       Completamente automatizzato       E       Multi-sfaccettato       Strumento per l'identificazione       Vulnerabilità       nel       Mercato Only 7 Copies of 10 Left  for 590 $ Next Price 1475 $ Impostazioni FAQ Ottimizzazione Informazioni sulle impostazioni Monitoraggio reale Come installare Not    Grid   , Not    Martingale   , Not     AI     , Not     Neural Network. Default Settings for One chart    GBPUSD M15     (Support
Exp4 AI Sniper for MT4
Vladislav Andruschenko
2.33 (3)
AI Sniper per MetaTrader 4 — robot di trading intelligente progettato per la precisione AI Sniper è un robot di trading intelligente e adattivo, sviluppato specificamente per MetaTrader 4 . Non è stato creato per essere semplicemente l’ennesimo bot Forex, ma per offrire ai trader una soluzione più precisa, più strutturata e nettamente più professionale. AI Sniper per MT4 combina logica algoritmica avanzata, lettura del mercato in tempo reale ed esecuzione accuratamente progettata per individuare
Apache MHL Moving Average
Paulo Roberto Da Costa
Signal (GOLD/XAUSD) - 16 months active and over 6,800 trades on a Standard account (1:400 leverage):   https://www.mql5.com/pt/signals/2278431 Product for MetaTrader 4:   https://www.mql5.com/pt/market/product/159627 Product for MetaTrader 5:   https://www.mql5.com/pt/market/product/160313 The Apache MHL Moving Average Expert Advisor, or simply "Apache MHL," is a robot that operates on the GOLD/XAUSD asset using strategies based on moving averages and risk management with Martingale. The use
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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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