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Trend Tracer EA MT4

FREE

Published: 27 October 2022

Current version: 1.22

Trend Tracer EA MT4

4.2

Experts
BM Trading GmbH
Version: 1.22
Updated: 4 November 2022

The Trend Trader EA can identify and trade market trends. Due to the nature of the strategy it will perform better in trendy market conditions and might struggle with sideways markets. It includes various trade management options to make adjustments whenever the market requires it. If you like the program then please consider leaving a 5 star rating and a short comment :)

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360

Milko Vivaldi 2024.10.11 19:23 #

René nr.1!!

yyang1026 2024.03.07 11:52 #

Es gefaeht mir sehr，vielen Dank！

126

Jochen1965 2023.06.16 08:08 #

Dieser EA macht genau das was er soll. Basierend auf einer nachvollziehbaren Trendfolge Strategie werden analog der gesetzten Parameter, Trades gesetzt und ausgeführt. Dass hierbei nicht jeder Trade ein Gewinn sein kann sollte klar sein. Kein Grid oder Martingale System, einfach und transparent gehalten. Gefällt mir!

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The arrows of the indicator used on the chart indicate trading signals in trend following. You can find the indicator in the comments. My trading signal is generated when the indicated arrow direction changes. A trade is then kept open until the arrow direction changes again. If the arrow then changes in the opposite direction, the previous position must be closed and a new one opened in the current arrow direction. I have also added a SL/TP, a trailing stop and a time filter. I recommend using

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If you are using scalping strategies (or any strategy that uses stop orders for position opening or closing) you need to know your slippage. Slippage is the difference between your pending order price and the price that your brokers uses to execute your order. This can be really different and depends on the broker as well as on the market conditions (news, trading hours, etc..) With this small script you can calculate the slippage you "paid" in points and also in your account currency. You also

FREE

The Tester Trader EA is designed to simulate your manual trading strategy in the strategy tester. By default this is not possible and manual trading is completely disabled in the MT5 strategy tester. This tool helps you to open, manage and close orders and positions easily using action buttons in the chart. Forward testing your manual trading strategy can be a real pain. Time moves slow and it can take days or months to fully test a manual trading strategy. With this tool you can simulate forwar

50 USD

If you are using scalping strategies (or any strategy that uses stop loss orders for position closing) you need to know your slippage. Slippage is the difference between your order price and the price that your brokers uses to execute your order. This can be really different and depends on the broker as well as on the market conditions (news, trading hours, etc..) With this small script you can calculate the slippage you "paid" in points and also in your account currency. You also get average va

FREE

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Milko Vivaldi 2024.10.11 19:23 #

René nr.1!!

yyang1026 2024.03.07 11:52 #

Es gefaeht mir sehr，vielen Dank！

2328

agrushev777 2024.02.19 19:17 #

User didn't leave any comment to the rating

126

Jochen1965 2023.06.16 08:08 #

itradeywy 2022.12.05 10:15 #

I am trying the Trend Tracer out and like it so far. I am new to EA's however, Playing around with the depth has helped find stronger trades

683

Junichi Sawada 2022.11.06 00:57 #

User didn't leave any comment to the rating

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Reply from developer Rene Balke 2022.11.06 08:40 #

Hey thanks for the review. Unfortunately your comment does not say a lot about your experience. Can you explain why you do not like this EA? :)

xO8sVpkY 2022.11.04 16:08 #

User didn't leave any comment to the rating

50708

Reply from developer Rene Balke 2022.11.06 08:42 #

Hey, thanks for sharing your experience. This EA is not meant to be a "winning machine". But since the strategy is widely known I wanted to provide it as a free EA, so traders can play around with it and learn more about trend trading. Don't you like this idea or was your rating solely based on the performance?

sapog74 2022.11.04 14:27 #

на тестере сливает при любых настройках( как индикатор вроде ничего 3 звезды)торгую usdcad 1h

russland

50708

Reply from developer Rene Balke 2022.11.06 08:44 #

Hey, unfortunately I do not speak this language (and google translator was not able to help me here ;)). Can you explain why you do not like the EA?

TraderFranzII 2022.11.02 13:50 #

User didn't leave any comment to the rating

Version 1.22 2022.11.04

- Fixed a bug when rounding the lotsize