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Forex Trend Detector

SPECIAL LAUNCH PRICE - $167 (REGULAR PRICE $297)

Forex Trend Detector is an automated trading strategy which is developed to follow the money… or "follow the market impulse" resulting in reliable and consistent performance.


I built Forex Trend Detector on a trading strategy that works! 

I didn't use exotic or speculative techniques – instead i examined the strategies that professional fund managers…or what insiders call "The Smart Money".
Next I added a sophisticated drawdown compensating algorithm to protect your account by minimizing rapid drawdown allowing you to exit your trades with minimal loss.
The volatility breakout strategy combined with my conservative drawdown algorithm, results in the most powerful trading tool you'll ever use.

Plus…

The algorithm has been tested, reviewed, refined, and re-tested to insure that I have the most powerful and robust tool in the market.
The volatility breakout strategy isn't new.I am not gambling on an untested technique. Volatility breakout is the #1 technique for thousands of highly successful fund managers, institutional buyers, and investment houses.
The Smart Money uses volatility breakout because it's logical. The strategy just follows the money… or "follow the market impulse" resulting in reliable and consistent performance.


Forex Trend Detector top features

  • Follows the "Smart Money" like no other ea on the market
  • Extremely precise market entries
  • Very high reward to risk ratio
  • Tight stop loss levels
  • Not a slippage and spread dependent
  • Works with any MT4 Broker
  • Highly efficient money management
  • Latest generation drawdown compensating algorithm
  • Visual risk indcation system
  • High spread and high slippage protection systems
  • State-of-the-art profit protection system
  • Dynamic trading logic
  • No need to be optimized
  • High average profit per trade in pips
  • 100% Guaranteed long-term profits
  • Advanced Time Management system


Instructions and recommendations

Recommended timeframe: M5

Recommended backtest method: M5 by every tick

Fast backtest method: M1 open price 

Supported currency pairs: EURUSD and GBPUSD.

The default settings of Forex Trend Detector are for EURUSD currency pair only. I have provided a .set file for GBPUSD and additional .set file for EURUSD for High Frequency trading. These .set files are available here in the blog: https://www.mql5.com/en/blogs/post/739520


Forex Trend Detector Settings

  • LongTrades (true/false) – enable/disable Long trades.
  • ShortTrades (true/false) – enable/disable Short trades.
  • Magic - a unique identifier through which Forex Trend Detector recognizes and manages its own positions.
  • EA_Comment - enter comments here if you’d like to record comments about your Forex Trend Detector trades.
  • MaxSpread - maximum allowed spread in standard 4-digit pips. You can also enter partial values.
  • MaxSlippage - maximum allowed slippage in standard 4-digit pips. You can also enter partial values.
  • StealthMode (true/false) - in this mode, StopLoss and TakeProfit levels in program logic are hidden (i.e. brokers can’t see them). If you use this mode, StopLoss and TakeProfit orders are not located in the trading server, which means if your trading terminal is not connected, or if the robot is not working, your orders are not protected.
  • TakeProfit – fixed Take Profit value in standard 4-digit pips.
  • StopLoss – fixed Stop Loss value in standard 4-digit pips.
  • TrailingStop – fixed Trailing Stop value in standard 4 digit pips
  • StartTrailStop – the minimum profit of the position in pips, on which the Trailing Stop will start to be applied
  • SafeExitMinutes – time in minutes, after which the position will be closed on a base of the SafeProfit parameter
  • SafeProfit – profit/loss in pips on which the position will be closed, if the position live exceeded the value of the SafeExitMinutes parameter
  • ...........


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