• Overview
  • Reviews
  • Comments
  • What's new

TrendChaser

The ultimate trend-following EA "TrendChaser"
"TrendChaser" is an advanced trend-following automatic trading system designed to maximize profits in trending markets. It uses a unique algorithm to quickly detect the occurrence of trends and pursue stable profits. Designed specifically for GOLD/USD, it performs particularly well in markets with strong trends.

Main features
1. Trend-following entry using a unique algorithm
Uses advanced entry decision logic based on ADX (Average Directional Index) and DI (Directional Indicators).
Analyzes trend strength and direction in real time and enters positions at the optimal timing.
If the trend is weak, entry is withheld to avoid risk.
2. Risk management using a hedging strategy
Opens an automatic hedge position when the trend reverses. The reversal width (pips) can be adjusted with external parameters.
Hedge positions support gradual profit taking, minimizing losses and securing additional profits.
3. Flexible money management function
Automatic adjustment of lot size: Increase the lot after profit confirmation to aim for even bigger profit in the next trade.
Trading time control: Execute trades only within the specified time period. Consider GOLD's specific market hours.
4. Fully automated trading
Fully automated from trade time, entry decision, profit confirmation/stop loss, to re-entry.
Use debug mode to record trade details.
Complete explanation of external parameters
Main position management
Parameter name Description Initial value
LotsMain Initial lot size of main position. Can be specified up to two decimal places. 0.01
TakeProfitMainPips Profit confirmation width of main position (in pips). 15.0
StopLossMainPips Stop loss width of main position (in pips). 15.0
MainStopLossReductionStep Step for reducing stop loss width after profit confirmation of main position (in pips). 3.0
MinStopLossMainPips Minimum stop loss width of main position (in pips). 3.0
MainLotIncreaseStep Increase in lot size after profit taking of main position. 0.01
MainTakeProfitReductionPercent Profit reduction rate after profit taking of main position (in %). 10.0
MaxMainTakeProfitReductionPercent Maximum reduction rate of profit taking of main position (in %). 40.0
Hedge position management
Parameter name Description Initial value
InitialHedgeBuyLot Initial lot size of hedge BUY position. 0.01
InitialHedgeSellLot Initial lot size of hedge SELL position. 0.01
TakeProfitHedgePips Initial profit taking range of hedge position (in pips). 15.0
HedgeTriggerPips Reversal range of main position (in pips). If this value is exceeded, a hedge position is entered. 10.0
HedgeStopLossPips Stop loss range of hedge position (in pips). 100.0
HedgeLotIncreaseStep Increase lot size after hedge profit is taken. 0.01
TakeProfitReductionPercent Profit reduction rate after hedge profit is taken (in %). 10.0
MaxTakeProfitReductionPercent Maximum reduction rate of hedge profit taking (in %). 30.0
MaxHedgeTakeProfitCount Maximum number of profit takings for hedge positions. If this number is exceeded, the main position will be closed. 3
EnableHedgeStopLoss Enable stop loss for hedge positions (true or false). true
Trading time control
Parameter name Description Default
EnableTradingHours Enable trading time limits (true or false). false
TradingStartHour Start time of trading (in hours, 0-23). ​​9
TradingStartMinute Start time of trading (in minutes, 0-59). 0
TradingEndHour End time of trading (in hours, 0-23). 17
TradingEndMinute End time of trading (in minutes, 0-59). 0
Other settings
Parameter name Description Initial value
MaxLotSize Maximum lot size for main and hedge positions. 1.0
UseBrokerTPandSL Use TP/SL function provided by broker (true or false). false
DebugMode Enable debug log (true or false). true
Recommended environment
Currency pair: GOLD/USD only
Time frame: M1 or M5 recommended
Operating environment: MetaTrader 4 (MT4)
Recommended margin: 100,000 yen or more
Why choose this EA
The unique algorithm accurately grasps the strength and weakness of the trend and improves the accuracy of entries.
Advanced hedging strategy minimizes risk during reversals and maximizes profit opportunities.
Flexible external parameters fully support trader styles and market environments.
Designed specifically for GOLD, trades that make the most of market characteristics.
TrendChaser is the best choice for trend-following traders. It combines high profitability with thorough risk management to take your trading to the next level. Try it now!
More from author
VirtualDealer
Haruki Teranaka
5 (5)
"VirtualDealer" EA is the ultimate multitasking solution that automates and optimizes FX trading by making full use of advanced order management functions. This latest version 3.1 implements smart trading strategies that seamlessly switch between virtual and real orders while responding to market fluctuations. In particular, the appeal of this EA lies in its "virtual order management function." Use virtual orders to simulate market trends in advance and determine optimal entry points. Only if t
FREE
MinotaurGuardian
Haruki Teranaka
5 (2)
Navigate the labyrinth of the market as a victor with "Minotaur Guardian," your ultimate Expert Advisor. This advanced tool employs sophisticated algorithms to automatically determine the optimal trading times based on indicators such as RSI and MFI. It adapts flexibly to varying market conditions and continually optimizes to deliver the best trading strategies. Key Features: Self-Optimizing System : Continuously identifies the best trading opportunities by adapting to market conditions. Dynamic
FREE
AlgoRex
Haruki Teranaka
4.75 (4)
AlgoRex EA is equipped with an advanced proprietary market analysis system that dramatically improves the accuracy and efficiency of FX trading. AlgoRex exclusive volatility adapter AlgoRex's proprietary volatility adapter uses ATR (Average True Range) and RSI (Relative Strength Index) to precisely analyze market swings in real time. This innovative feature allows you to quickly respond to even the smallest market fluctuations and instantly capture changing trends. Traders can leverage this adv
FREE
HydraAlchemist
Haruki Teranaka
Introducing HydraAlchemist, an innovative automated trading tool. This cutting-edge Expert Advisor (EA) skillfully combines multiple technical indicators to pinpoint promising trading opportunities in financial markets. We aim to maximize profits by scrutinizing signals obtained from indicators such as MACD, stochastic, and RSI using our own logic and accurately grasping market trends and turning points. The real strength of 'HydraAlchemist' is that it is based on real trading strategies. While
FREE
NagaRecoil
Haruki Teranaka
5 (2)
"NagaRecoil" EA: Highly durable and highly resilient trading solution for accumulating results over the long term The long-awaited EA "NagaRecoil" has finally been released! This EA utilizes two high-performance indicators, RSI and RFTL, to skillfully capture market trend fluctuations and determine the optimal entry point. RSI sensitively senses market overheating, and RFTL predicts future price movements. This combination provides accurate signals when to buy and sell, greatly increasing the
FREE
XquantEA
Haruki Teranaka
5 (1)
XquantEA - High Frequency Trend Following Stable Logic XquantEA is a trend following EA specialized for high frequency trading, which minimizes unrealized losses by taking profits at small pips while holding positions. With a large number of transactions, it is possible to accumulate profits efficiently. Features Trend following logic: Optimizes buy and sell positions according to market trends. XquantEA adopts an algorithm based on past price fluctuations to achieve optimal entry and exit. S
GriffonArgos
Haruki Teranaka
“Griffon Argos” overcomes the rough waves of the market and looks to the future of investment, opening new horizons as your trading partner. This advanced expert advisor uses proprietary algorithms to instantly analyze market data and identify the best trading opportunities. Utilize the Stochastic Oscillator and Awesome Oscillator (AO) to accurately capture market movements and generate reliable trading signals. Main features: Utilize advanced indicators: Perform highly accurate analysis ev
FREE
ChronoTrigger
Haruki Teranaka
"ChronoTrigger EA" is an expert advisor that combines detailed trading strategies and automated risk management functions. This EA utilizes the RSI indicator to determine the timing of overbought and oversold markets, and calculates the optimal points for entry and exit, allowing investors to earn stable profits without being affected by market fluctuations. We provide strong support for obtaining Users can freely set lot size, stop loss, and take profit settings, as well as adjust internal para
FREE
ReverseGear
Haruki Teranaka
As for the advanced trading functions of "ReverseGear EA", the "Step Up" and "Step Down" functions particularly stand out. These features automatically place additional orders in response to market price trends and are powerful tools for traders to proactively extract profits from market fluctuations. Step up function This feature automatically executes additional buy orders as the price increases. We aim to maximize profits by increasing our positions step by step, especially when the trend
FREE
RangeMasterEA
Haruki Teranaka
RangeMasterFX combines trend analysis and technical indicators based on multiple time frames to generate reliable trading signals and automate effective trading. Main features: Multi-time frame analysis: Analyze trends on three time frames: daily (D1), 4-hourly (H4), and 1-hourly (H1) to find the exact entry point. RSI filter: Use RSI (Relative Strength Index) to identify overbought and oversold market conditions and filter entries. Trailing stop: To maximize profits, apply a trailing
FREE
Xray
Haruki Teranaka
Features and benefits of Xray EA 1. Unique trading method that utilizes the relationship between two currency pairs Xray EA leverages the relationship between EURUSD and GBPUSD to provide the following benefits: Risk diversification: Due to the movement of different currency pairs, even if one side makes a loss, the other side makes a profit, thereby spreading the risk. Market adaptability: Respond quickly to market fluctuations and achieve stable transactions. Diverse strategy select
Filter:
No reviews
Reply to review
Version 1.2 2024.11.22
SL fine-tuning