Trend Hunter EURUSD

Trend Hunter EURUSD - a secure automated Expert Advisor for MetaTrader 4, working on 5-minute chart EURUSD and open the deal when it detects a trend.

trading strategy

Advisor to use a trading strategy with the trend, based on moving averages, setting take-profit, stop-loss and trailing stops for the permanent optimization and protection each transaction and account balance. It is designed to ride out the turbulent events in the market, and opens only when the transaction is established a clear direction of the market. In this regard, it will open a transaction only 1-2 times a week. When using this strategy, the test results with the default settings are the most optimal.

Advisor is quite simple, the interface is equipped with a simple and efficient code allows faster execution time. Advisor is designed for fast and efficient trading and testing. To make a successful transaction adviser is not required low spread. This EA is recommended to use on large accounts, but you can run and small. All tests that were used in the development of this program, carried on real ticks.

The maximum average drawdown at default settings aimed at 10%. The minimum deposit is $ 500 in the account with leverage at 1:50. Recommended deposit - from $ 2000.

Settings / Trade Information

This EA uses 4 trading strategies:

• Trade Type 1: Sales at major fall in prices


• Trade Type 2: Sale at a pullback after a big jump in prices


• Trade Type 3: Buy with a large jump in prices


• Trade Type 4: Buy with a pullback after a major price drop

Configurable inputs

• spreadAllowed = Maximum spread at the opening of the transaction.


• MagicNumber = Unique number to identify the transaction, open advisor.


• AllowTradeLive = True If experts are allowed to trade in the real.


• HardLotSize = When nonzero value is set to a fixed size lot transactions.


• LotSize = Lot size, is used only when HardLotSize equal to 0.


• Risk Risk = Value in the range 1-100.


• LotFollow Range = 0-1. Used to further define the risk associated with each type of trade.


• StopLoss = Stop Loss in pips associated with each type of trade.


• TakeProfit = Take Profit in pips associated with each type of trade.


• LossProfitMove = This value determines when the losing position will use the new take-profit.


• NewTakeProfit = Value in pips, are shifted by TP opening price when the value LossProfitMove.


• TradeLossIncrease = Percentage value (50 = 50%), which increases in volume following the transaction, if the previous transaction was unprofitable.


• TradeWinDecrease = Percentage value (20 = 20%), the volume of which is reduced following a transaction, if the previous transaction was profitable.


• TrailingStop = Gain in the paragraphs on reaching which stop loss moves into a profitable position.


• tradeType = Use only when necessary to restart adviser, set a value of 1-4, depending on the type of the currently open transaction.


• sleepMsTPSL = Delay in milliseconds between the original order and the modification values ​​SL and TP.

Recommendations for use

• Only change settings Risk and LotSize. Lotsize parameter determines the amount of the first opening of the transaction, and the Risk parameter specifies all subsequent.


• Parameter Risk, usually gives a drawdown half the size of the specified value when using the default settings. Thus, setting a value of 50 will likely maximum drawdown of 25%.


• If the robot has opened an order, you can close it manually.


• Transactions left for the weekend, have a chance to be successful, so it is recommended not to close them.

to my customers

Please contact me if you have any questions, I will be glad to help.

Author

Benjamin Patry - an expert on programming in the development, design and optimization of automated trading programs with over seven years experience in the Forex and more than ten years of trading experience.

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