The logic behind Trend Exploit EA is very simple but effective, the EA uses breakouts of the Bollinger Bands for entry and exit signals, enters the market in the direction of a strong trend, after a reasonable correction is detected.
The exit logic is also based on the Bollinger Bands indicator, and it will close the trade even on a loss when the price breaks the Bollinger Bands line.
Trend Exploit was strictly developed, tested, and optimized using the “Reversed Sampling” development methodology based on the “In-Sample” phase (2013 to 2018) and “Out-Of-Sample” phase (2000 to 2012).
This expert explicitly controls and operate bar opening, this allows fast optimization and more accurate result of it.
The expert uses the built-in sets on seven major currency pairs (EURUSD, GBPUSD, AUDUSD, NZDUSD, USDJPY, USDCHF, USDCAD) for the period 2000-2018, if Auto Set is true.
Unlike the full version, Trend Exploit Free only opens orders of 0.01 lot size and it cannot be optimized.
See the full version:
https://www.mql5.com/en/market/product/35383
Trend Exploit EA Features:
Strong, pure, and simple trading logic.
24/5 trading, without any time restrictions.
Low drown down.
A small number of system parameters, easy optimization, and no curve fitting worries.
Solid 18-year backtest performance.
Multiple currency pairs support.
Free Version Parameters:
- Max Drown Down: Max drowns down percentage refers to Account Equity.
- Slippage: Max Slippage to open trade in point.
- Magic: Unique magic number.
Recommended timeframe: H 1
NOTE:
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DISCLAIMER: Please read carefully before you decide to invest in Forex Market
- Forex Trading is dangerous and can result in a substantial loss of money. Due to the uncertain nature of the Forex market, there is no guarantee that our products will produce any favorable results. Before you purchase, please read our RISK DISCLAIMER.
BEAR THIS IN MIND: The Forex market changes from day to day, and that past performance can therefore not be guaranteed to repeat in the future. Past performance shown and in videos may use aggressive trading approaches and risk management to prove the potential of the Forex robot over long periods. Because of this, we recommend that you test the EA on your own broker account using many variations of currencies, time frames, and settings to make sure you experience favorable results in current market conditions before trading live accounts. - Forex Trading EA/Robot is just a piece of Programming to Sophisticate your trading but never guarantee your winning.
- Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. No representation is being made that any account will or is likely to achieve profits or losses similar to those that may be shown.
- Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown.
- Before deciding to trade products, you should carefully consider your objectives, financial situation, needs, and level of experience. The possibility exists that you could sustain a loss of some or all your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose.