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This is the first EA created by the ZenKen Trading Group.
ATR Trend Seeker is exactly what it sounds like, an EA that uses ATR to detect price action that leads to trends.
This EA was built to be extremely customizable. This allows users to find settings that other traders may not be using.
Going through back testing there are a lot of back test results that bring profit over a year. While creating this EA the goal wasn’t profit In general but to create an EA that made 120% yearly while losing only 10% max drawdown. This is for passing prop firms. While back testing we haven’t found this golden egg yet.
Due to this being not the most user friendly due to the extreme amount of customization options we will drop the price to the lowest possible.
Better on higher time frames ATR Trend Seeker can enter Trends and Trail the price after entry.
Mostly Back Testing Seems to lead to the best Results on 1HR timeframes.
Several Settings added to make this more custom to each user. Several safety features added to keep users save. EA can shut off after set loss.
Use back testing on your favorite pair to find the best settings.
OR
For GBPUSD 1HR use:
ATR: 18
Multiply ATR: .25
Candle: 6
Set Lot Size to what your risk can handle. (6 wins max in a row / 5 losses max in a row)
TP:600
SL:575
Ignore all other settings!
These settings were back-tested for year 2022 and have a 56.59% WR. Not possible to know what the future brings always take caution.
Any questions or request contact
zenkentrading@gmail.com
