Triple Trend Trader MT5
- Experts
- Jaron Clegg
- Version: 2.0
- Updated: 4 October 2024
- Activations: 10
Introducing the Triple Trend Trader, a fully automated trading advisor that unleashes the power of not one, but three perfectly synchronized Supertrends! This advanced strategy is designed to capture lightning-fast opportunities, making it a scalper's dream and a grid trader's best ally. At the core of this powerful tool is the Supertrend indicator, a trader-favorite that uses the Average True Range (ATR) to adapt seamlessly to any asset's volatility. Known for its incredible accuracy in identifying trend reversals, the Supertrend locks onto market movements, filtering out noise and keeping you in the action.
General Recommendations with good execution and with a spread of 2-5 points. A very fast VPS is required, preferably with a latency of no more than 50.
Recommendations:
- Currency pair: GBPUSD
- Timeframe: 5min
- Minimum deposit : $1000
- Account type: ECN, Raw or Razor with very low spreads.
- Brokers : IC Markets, Exness with Raw and Razor accounts for lowest spreads
- IMPORTANT: It is very impoortant to use LOW SPREAD accounts for best results.
- Account type: Hedge
Input parameters
- InpMagicnumber: Unique identifier for trades placed by this EA.
- InitialLotSize: Starting lot size for the first trade in a grid.
- MaxSpread: Maximum allowed spread in points before the EA stops trading.
- EnableBuying: Determines if the EA is allowed to open buy positions.
- EnableSelling: Determines if the EA is allowed to open sell positions.
- HighTimeframe: Highest timeframe used for Supertrend calculation.
- MidTimeframe: Middle timeframe used for Supertrend calculation.
- LowTimeframe: Lowest timeframe used for Supertrend calculation and entry.
- Periods: Number of periods used in the Supertrend ATR calculation.
- Multiplier: Multiplier used in the Supertrend calculation.
- GridStep: Distance between grid levels in points for first batch of grid orders.
- LotMultiplier: Factor by which lot size increases for each subsequent grid level.
- MaxGridLevels: Maximum number of grid levels allowed.
- InitialGridOrders: Number of initial grid orders in the first batch, before changing to the second batch of orders.
- SecondaryGridStep: Distance between grid levels in points for second batch of grid orders.
- StopLoss: Stop loss in points (0 to disable).
- TakeProfit: Take profit in points for the entire grid.
- MaxLossUSD: Maximum allowed loss in USD before closing all positions (0 to disable).
- UseTimeFilter: Enables or disables the time filter for trading.
- EnableGroupA/B: Enables specific trading hour groups.
- GroupAStartHour/EndHour: Defines the trading hours for Group A.
- GroupBStartHour/EndHour: Defines the trading hours for Group B.
- UseDayFilter: Enables or disables the day filter for trading.
- Monday through Sunday: Allows trading on specific days of the week.
- TPLineStyle: Style of the take profit line on the chart.
- TPLineWidth: Width of the take profit line on the chart.
- TPLineColor: Color of the take profit line on the chart.
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