AI EMA Ribbon Trend Trader
- Эксперты
- Версия: 1.0
A trend follower built on a five line EMA ribbon that only trades when the whole ribbon agrees.
How it works
The EA reads five EMAs (8, 13, 21, 34 and 55 by default). The ribbon is bullish when every EMA is above the next slower one and bearish in the opposite order.
A trade opens when the ribbon has just stacked, or when price dips into the ribbon during a stacked trend and a closed candle finishes back beyond the fastest EMA.
The stop sits beyond the slowest EMA or the signal candle with an ATR buffer, and the target is a multiple of the stop.
Key features
- Five configurable EMAs
- Full ribbon alignment filter
- Pullback into the ribbon entries
- Stop beyond the slow EMA with ATR buffer
- Risk based lot size with a maximum lot cap and free margin check
- ATR based break-even and trailing stop
- One position at a time, no grid, no martingale, no averaging
- Every trade is opened with SL and TP
- Small on-chart status panel
Recommended
Trending Forex pairs, XAUUSD and indices on the H1 signal timeframe.
Inputs
Risk percent, lot cap, magic number, five EMA periods, SL buffer, maximum SL, reward ratio, break-even, trailing and spacing between trades.
Risk note
Trading involves substantial risk. Test the EA on a demo account first and use a risk level you are comfortable with.
