Forex Trend Detector: Reliable Automated Trading Strategy
Forex Trend Detector is an automated trading strategy designed to follow the money and “market impulse,” resulting in reliable and consistent performance. Built on a proven trading strategy, it doesn’t use exotic or speculative techniques. Instead, it leverages strategies used by professional fund managers, known as “The Smart Money.”
Key Features:
- Sophisticated drawdown compensating algorithm for minimal losses
- Volatility breakout strategy combined with conservative drawdown management
- Thoroughly tested, reviewed, refined, and re-tested algorithm
- Precise market entries with a high reward-to-risk ratio
- Tight stop loss levels and not dependent on slippage or spread
- Compatible with any MT4 broker
- Efficient money management and advanced profit protection systems
- No need for optimization with high average profit per trade in pips
- 100% guaranteed long-term profits
- Advanced time management system
Instructions and Recommendations:
- Recommended Timeframe: M5
- Backtest Method: M5 by every tick
- Fast Backtest Method: M1 open price
- Supported Currency Pairs: EURUSD and GBPUSD
Settings Overview:
- LongTrades (true/false): Enable/disable long trades
- ShortTrades (true/false): Enable/disable short trades
- Magic: Unique identifier for managing positions
- EA_Comment: Add comments about your trades
- MaxSpread: Maximum allowed spread in standard 4-digit pips
- MaxSlippage: Maximum allowed slippage in standard 4-digit pips
- StealthMode (true/false): Hide StopLoss and TakeProfit levels from brokers
- 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: Minimum profit in pips to start Trailing Stop
- SafeExitMinutes: Time in minutes to close position based on SafeProfit parameter
- SafeProfit: Profit/loss in pips
For more information, complete settings, .set files, and live results, click here to visit the blog.
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