Tendens MT5 EA

Tendens MT5 EA

Tendens Multi Market Trend EA is an automated Expert Advisor for MetaTrader 5 designed to identify short-term market trends and trade in the direction of the detected movement.

The EA analyzes recent price ticks and completed candles to determine whether the market is showing an upward or downward trend. When the required trend conditions are met, Tendens can automatically open a trade with predefined risk and reward levels.

Key Features

Automated trend analysis — Analyzes recent market activity to identify upward and downward trends.

Tick and candle confirmation — Combines recent tick data with completed candles before making a trading decision.

Automatic trade execution — Opens trades automatically when the configured conditions are satisfied.

Dollar-based risk management — Allows the trade risk to be configured in USD.

Dollar-based reward target — Allows the desired trade reward to be configured in USD.

Automatic Stop Loss and Take Profit — Calculates Stop Loss and Take Profit price levels according to the configured risk and reward values.

Session profit target — Stops initiating new trades after the configured daily session profit target has been reached.

Multi-market use — Can be attached to different symbols supported by your broker, subject to the symbol's trading conditions and contract specifications.

Configurable trend sensitivity — Allows traders to adjust the minimum trend strength required before entering a trade.

Built-in trading dashboard — Displays important information such as balance, lot size, risk, reward, trend strength, positions and EA status.

Independent EA tracking — Uses its own Magic Number to distinguish its trades from other Expert Advisors and manual trades.

Recommended Chart

Tendens is designed for use on the M1 (1-minute) timeframe.

Input Parameters

Base Lot (InpBaseLot)

Starting lot size used by the EA.

Default: 0.01

Risk USD (InpRiskUSD)

Maximum dollar amount used to calculate the Stop Loss distance for each trade.

Default: $100.00

Reward USD (InpRewardUSD)

Dollar amount used to calculate the Take Profit distance for each trade.

Default: $1.00

Session Profit Target (InpSessionProfit)

Daily session profit target. Once the minimum session target is reached, the EA stops initiating new trades for the remainder of the trading session.

Default: $9.00

Ticks To Analyze (InpTicksToAnalyze)

Number of recent bid ticks analyzed when determining the current short-term price movement.

Default: 10

Candles To Analyze (InpCandlesToAnalyze)

Number of completed candles analyzed as part of the trend confirmation.

Default: 3

Minimum Trend Strength (InpMinTrendStrength)

Minimum trend strength required before the EA considers entering a trade.

Default: 55.0

Trend Offset (InpTrendOffset)

Configurable trend offset parameter.

Default: 0.04

Important

Trading involves risk. Results can vary depending on the broker, symbol, spread, liquidity, execution speed, slippage and market conditions.

Tendens Multi Market Trend EA does not guarantee profits. Always test the EA on a demo account and use appropriate risk settings before trading with real funds.