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Forex Trend Detector V5.1: The Ultimate Automated Trading Strategy
Forex Trend Detector is an automated trading strategy developed to follow the money… or “follow the market impulse,” resulting in reliable and consistent performance. Built on a trading strategy that works, Forex Trend Detector avoids exotic or speculative techniques. Instead, it leverages strategies used by professional fund managers, often referred to as “The Smart Money.” This EA incorporates a sophisticated drawdown compensating algorithm to protect your account by minimizing rapid drawdown, allowing you to exit trades with minimal loss. The combination of a volatility breakout strategy and a conservative drawdown algorithm results in one of the most powerful trading tools available.
Overview
Forex Trend Detector’s algorithm has been thoroughly tested, reviewed, refined, and re-tested to ensure robustness and effectiveness. The volatility breakout strategy, widely used by successful fund managers and institutional buyers, is at the core of this tool. By following the market impulse, Forex Trend Detector delivers reliable and consistent performance.
Top Features
Forex Trend Detector offers an array of advanced features that make it a standout in the market:
Follows the “Smart Money” like no other EA on the market
Extremely precise market entries
Very high reward-to-risk ratio
Tight stop loss levels
Not slippage and spread dependent
Works with any MT4 broker
Highly efficient money management
Latest generation drawdown compensating algorithm
Visual risk indication system
High spread and high slippage protection systems
State-of-the-art profit protection system
Dynamic trading logic
No need to be optimized
High average profit per trade in pips
100% guaranteed long-term profits
Advanced time management system
Instructions and Recommendations
To get the most out of Forex Trend Detector, follow these instructions and recommendations:
Recommended Timeframe: M5
Recommended Backtest Method: M5 by every tick
Fast Backtest Method: M1 open price
Supported Currency Pairs: EURUSD and GBPUSD
Settings
Forex Trend Detector comes with customizable settings to suit your trading preferences:
LongTrades (true/false) – enable/disable long trades
ShortTrades (true/false) – enable/disable short trades
Magic – a unique identifier through which Forex Trend Detector recognizes and manages its own positions
EA_Comment – enter comments here if you’d like to record comments about your Forex Trend Detector trades
MaxSpread – maximum allowed spread in standard 4-digit pips
MaxSlippage – maximum allowed slippage in standard 4-digit pips
StealthMode (true/false) – in this mode, StopLoss and TakeProfit levels in program logic are hidden (i.e., brokers can’t see them). If you use this mode, StopLoss and TakeProfit orders are not located in the trading server, which means if your trading terminal is not connected, or if the robot is not working, your orders are not protected.
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 – the minimum profit of the position in pips, on which the Trailing Stop will start to be applied
SafeExitMinutes – time in minutes, after which the position will be closed on a base of the SafeProfit parameter
SafeProfit – profit/loss in pips on
Feature
Details
Timeframe
M5
Backtest Method
M5 by every tick
Fast Backtest Method
M1 open price
Supported Currency Pairs
EURUSD, GBPUSD
LongTrades
true/false
ShortTrades
true/false
Magic
Unique identifier
EA_Comment
User comments
MaxSpread
4-digit pips
MaxSlippage
4-digit pips
StealthMode
true/false
TakeProfit
Fixed value
StopLoss
Fixed value
TrailingStop
Fixed value
StartTrailStop
Minimum profit in pips
SafeExitMinutes
Time in minutes
SafeProfit
Profit/loss in pips
Brand
EA MT4
Refund
Refund and Replacement Policy
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2. Refund Eligibility: Given the inherent nature of digital products, standard refunds are generally not offered post-purchase. We encourage you to thoroughly review the product description, features, and compatibility information before making a purchase decision.
3. Defective Products: In the rare event that you receive a defective product, we are committed to addressing the issue promptly and professionally. If you encounter a problem, such as technical glitches or errors on our part, please contact our Customer Support team within [number of days, e.g., 14 days] from the purchase date.
4. Replacement or Refund for Defective Products: Upon verification of a legitimate defect, we offer the option to either replace the faulty product with another one of your choice or initiate a refund. Your satisfaction is our priority, and we strive to resolve issues related to product defects in a fair and efficient manner.
5. Technical Issues: If you face technical challenges hindering your access to or use of the purchased digital product, please reach out to our Customer Support team for assistance. We are dedicated to resolving technical issues promptly to ensure your satisfaction.
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Install
The installation of this Expert Advisor is BASIC INSTALL SKILLS ( NODLL ).
This is the easiest type of installation for Expert Advisors.
This Expert Advisor is a .zip file and as it does not include msimg32.dll. You don’t need to deactivate your antivirus or anything like that; simply purchase and download.
Copy the EA folder content from your product to the EA folder of your MT4 installation.
Once all the files copied, open your Meta Trader 4 or refresh Expert Advisors, thats it.
Responsability
Tradingview.video disclaims any responsibility for gains or losses resulting from the use of the strategies provided. We cannot guarantee the profitability of these strategies as multiple factors, including fees, settings, and risk management, significantly impact outcomes. Our primary responsibility lies in presenting comprehensive descriptions containing all available information, empowering you to make informed decisions independently.
Not all expert advisors come with presets. It is recommended to craft your own, finely calibrated to improve performance and minimize risks. Employ reliable historical data tools like Tickstory and Backtester Kicker to analyze various setting combinations.
Dedicate time to acquire the knowledge requisite for joining the 5% of successful traders in the forex market.
A crucial reminder: Always conduct thorough backtesting before deploying any strategy with a live trading account.
Kindly refrain from requesting recommendations for an EA; base your purchase decisions on the available information.
admin (store manager) –
Great EA, recommended