The strategy is based on the determination of the formed figures of technical analysis, candlestick patterns of higher time frames, the degree of volatility variability.
The totality of the data obtained allows the adviser to decide on the start of trading.
Dangerous trading methods are not used.
Support: https://www.mql5.com/en/channels/TrendHunter
Only 1 order can be opened at a time. The averaging system is not used.
Each open transaction has a stop loss and take profit.
Recommended trading instruments (TF 5m): GBPUSD, GBPJPY, EURJPY, EURUSD, USDCAD, USDJPY.
The EA does not require additional settings files to work.
The Advisor is completely ready for offline work with the default settings on the recommended trading instruments.
For stable operation, the use of a remote server (VPS) is recommended.
The trading expert contains the minimum number of customizable parameters, which allows the trader to work with this trading expert with any level of training.
Settings:
- Signal strength – the strength of the entry point – the higher – the more accurate the entry;
- MaxRisk – risk level for calculating a trading lot;
- if MaxRisk = 0, Lot will be – If MaxRisk = 0, the lot will be like this;
- Take Profit – Take Profit;
- Stop Loss – Stop Loss;
- Trailing Start (if> 0) – Start of the trailing stop (works if the value is greater than zero);
- First Trailing Level – The first level of stop loss setup;
- Trailing Step – Step of the trailing stop;
- Slippage – level of slippage;
- Max Spread – maximum spread;
- Comment to order – Comment on orders;
- Magic – Magic number;
- Show info-text? – Display of the information panel on the chart;
- Text size – font size;
- Text color – Text color;
- Show logo? – Display of the logo on the chart.