Catcher Owl MT5
- Experts
- Komang Putra Riswanjaya
- Version: 1.3
- Activations: 5
Catcher Owl is an Expert Advisor designed for traders who prefer Trend Market strategies. This EA focuses on market trend movements every day.
This strategy ensures that the position taken will follow major movements that occur in the market.
This strategy uses a combination of trailing stop, stop-loss, Trend indicators to make informed trading decisions.
This EA has passed a 5++ year backtest
Key Features:
- Trailing Stop: Catcher Owl uses a dynamic trailing stop feature, allowing profitable trades to ride the trend while protecting capital from sudden reversals.
- Stop-Loss Management: The EA incorporates a well-defined stop-loss mechanism to limit potential losses, providing risk management and preserving trading capital.
- Trend Market Indicator: The strategy utilizes the Trend indicator, a widely respected tool for identifying potential entry and exit points based on price volatility.
Parameters:
- Lot Management : Adjustable to suit the trader's risk tolerance and account size.
- Trailing Stop Distance: Customize the distance for the trailing stop.
- Take Profit : Customize the desired take profit distance
- Stop Loss : Customize the stop loss distance for manage the risk per trade
Note : we have a best setting ever for some pair we have backtested this EA. you can see this setting in the screenshot