Forex Trend 850
- Experts
- Fernando Gomez
- Version: 1.0
- Activations: 5
Forex Trend 850 is a fully automated and customizable Expert Advisor. Automatic identify the trend and adjust buy/sell trades ratio to increase capital.
Recommendations
EA Settings: Use default settings or customized as needed.
Symbol: EURUSD
Time Frame: M30 (best)
M5-H1
Brokers: ECN brokers, low spread/commission, 1:200-500+ leverage
Minimum Deposit required: $1, Risk
computed on account free margin balance-equity
It is recommended to do your backtest with your Broker and adjust parameters
accordingly.
PARAMETERS
Fully customizable EA. Settings included for M30. However, you can change any parameter as needed. Automatic and customizable Buy or Sell TREND RATIO, Break even and trailing stop, money management, Limit buy/sell trades follow the market higher (H4-D1) time trend. Works 24Hrs.
G1=*** EMA Parameters ***
FMA_Period=8 MAverage
TMA_Period=50 MAverage
SMA_Period=100 MAverage
CMA_Period=5
MAverage
MA_Mode=1 SMA=0,EMA=1,SMMA=2,LWMA=3
Shift=0
Index previous period
G2=*** MA Distance Parameters ***
FT_MinDist=2 Min distant
FT_MaxDist=1000 Max
distant
G3=*** Time Frame ****
TimeFrame=0 0 is current Chart , 1=M1,5=M15..
G4=*** Trading Parameters ***
AllowTrade= True or False Allow EA to trade
AllowMultiple=
True or False Allow multiple trades. If Enable the MaxBuyTrade and MaxSellTrade are not used
TakeProfit=30
30
pips
StopLoss=45
45
pips (room for trades… – RR 3:2)
MaxBuyTrade=4 Max Buy open trades at once
MaxSellTrade=4 Max Sell open trades at once
*Automatic Trend adjustment – Take into account how many trades allowed at once…*
UPBuyRatio=1.5 Trend UP ratio, 50% more Buy
trades
UPSellRatio=0.5
Trend
UP ratio, 50% less Sell trades
DNBuyRatio=0.5
Trend
Down ratio, 50% Less Buy trades
DNSellRatio=1.5
Trend
Down ratio, 50% more Sell trades
*Limiting trades per day/week and testing *
TotalBuyTrade=5 Total Buy Trade (if TotalTradeLimit=true per
day or testing)
TotalSellTrade=5
Total
Sell Trade (if TotalTradeLimit=true per day or testing)
TotalTradeLimit=True/False Total trades limit (Limiting live or
testing….)
MagicNumber=56850 Magic..
G5=*** Money Management Options ***
Lots=1 Static lot size. Consider the lot sizes 1=100K, 0,1=10K, 0,01 = 1K.
Need to disable the ‘UseMoneyManagment’ by set it to 0 (zero)
UseMoneyManagement=True or
False Automatic Money Management based
on the RiskPercent and the account free margin.
RiskPercent=2
Risk
percentage (RP) of the account free margin. Risk 2-7% on account free margin. Notice how many trades allowed for overall Risk percentage.
Slippage=3
The “slippage” parameter is how many points you’ll allow the trade to slip and still
complete the order.
G6=*** Break Even Options ***
UseBreakEven=True or False Breakeven allow protection of initial risk amount to
the entry price.
BreakEven=15
BE at 15 pips from the entry price. Adjust based on trade management (conservative 1X Risk Amount, Moderate 0,75X Risk
Amount or Aggressive 0,5X Risk Amount)
G7=*** Trailing Stop Options ***
UseTrailingStop=True or False Usage of Trailing Stop – to follow the price movement and look more
profit.
TrailAllPositions=True or False Trail all positions (buy/sell)
TrailingProfit=True or False
Use the TrailingStop when in profit.
TrailingStop=3
Set the Trailing Stop 3 pips away from the current price.
TrailingStep=1
Set the Trailing Step 1 pip at the time following the current price.
G8=*** Alerts ***
ShowAlert= True of False Set Alert to be
display on Screen
ShowDebug= True of False Set Debug to be display on Screen-journal
G9=*** RSI Parameters ***
RSI_Period=7
Periods
RSI_Mode=3
Mode 0=close 1=open 2=high 3=low 4=median (H+L)/2
RSI_OBL=80
Overbought level
RSI_OSL=20
Oversold
level
RSI_MBL=45
Medium
level to Buy
RSI_MSL=55 Medium
level to Sell
G11=*** Indicators Options ***
UseTREND850=True Use the UseTREND850 indicator
(leave true)
G12=*** EA Method ****
EA_Method=FOREX TREND 850 Comment when open trade
G13=*** if Broker has Trade Stops Level TP/SL min distance ****
TSLBroker=0
Leave 0 - or add your broker min distance for TP/SL from price.