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PoundYen Trend Follower

PoundYen Trend Follower


PoundYen Trend Follower is a fully automated expert Advisor that trades on trend rollbacks. In its analysis, the expert Advisor uses certain formations of price behavior and indicator values on different time ranges. Upon reaching certain conditions for the opening and closing of positions the EA trails the trade entry and exit. The expert Advisor automatically calculates the volume of the transaction to enter depending on the free Deposit funds, but it is also possible to set it manually.

Does not use martingale, grid, doubling and other risky strategies!
PoundYen Trend Follower has been tested on a real account for about six months. It also includes an algorithm of actions from unforeseen situations such as restarting the terminal or the computer as a whole, from short-term Internet outages. 

Requirements
  • Use with GBPJPY currency pair.
  • Availability of quotations M1 at least 3 days.
  • In order to obtain better results it is recommended ECN broker with low spreads and use VPS with low ping to the server of the broker.

Input parameter

MoneyManagment Options
  • AutoLot - using internal algorithm for managing capital.
  • ofDepo - the level of risk to the transaction as a percentage of the free Deposit funds. Works when AutoLot = true.
  • ManualLot - independent choice of the lot. Works when AutoLot = false.
TimeZone Parameters
  • DifBrokerGMT-difference between terminal time and GMT time. Use winter time! (Example of correct parameter setting: Tokyo = GMT +9 --> DifBrokerGMT = 9.   New York = GMT -5 --> DifBrokerGMT = -5)
  • BrokerDST - the use of a broker of the transfer time for the summer.
  • DSTStart - the drop-down list with options of the transfer time for the summer. Works if BrokerDST = true. 
  • DSTEnd-drop-down list with the choice of time transfer to winter. Works if BrokerDST = true. 

Trade Parameters

  • MAGIC is the identification number of open positions for which the expert keeps track of its position.
  • Slippage-maximum slippage in points.
  • NumberOfTry-number of attempts to open/close positions in case of failure.
  • CommentOrd-comment to open positions.
When setting the DifBrokerGMT parameter, it is extremely important to use the winter time of your terminal to calculate the difference from GMT time. If dropdown list DSTStart and DSTEnd is not your standard transition time, asking me to notify and I'll add to the list. 

To test PoundYen Trend Follower in the strategy tester, please use real (not demo) quotes of your broker. It is recommended to test on M1 timeframe, as the strategy tester in MT4 on large timeframes often skips bars when generating ticks of small timeframes, which leads to an incorrect calculation of the input signal.


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Elif Kaya
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-   Real price is 1000$   - Limited Discount (It is now 299$) Welcome, Bitcoin Expert opens automatically trade with Highly profit, Fixed Stop loss. After purchase, You can receive  Gold Trade Expert  for  Free ! Contact me for this  BONUS ! No Martingale, No Grid, No Scam It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels with  many AI conditions to find best position trades. The focus of the EA lies on safety, whi
MT5 version -  https://www.mql5.com/en/market/product/124990 Monitoring of real trading Advisor -    https://www.mql5.com/en/signals/2264971 My other products      -      click here Keep in mind that the results on different brokers may differ, I recommend testing on your broker before using it (you can ask me for a list of recommended brokers in the PM). If you have any additional questions, write to me in the PM. A fully automatic Expert Advisor that does not require additional settings, I re
CyBRG RX Mt4
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RangeMaster FX MT4
Chen Jia Qi
5 (1)
EA Introduction The EA we have carefully crafted was previously an internal proprietary stable strategy tool. It focuses on capturing market patterns specific to time zones, standing out with high-frequency orders and a robust win rate, suitable for flexible traders with small capital. Whether from backtesting or live trading perspectives, it has demonstrated excellent stability, making it particularly suitable for users who wish to gradually accumulate profits in the forex market. We speak w
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uchimi
1565
uchimi 2019.04.08 18:32 
 

After the sale,

First trade is a big loss!

and

No Stoploss!

Very dangerous!

This system is the MAX MAX MAX worst !!!

Répondre à l'avis
Version 1.4 2019.06.20
Log file optimization
Version 1.3 2019.04.29
Log file optimization
Version 1.2 2019.04.08
Removed error "Cannot open file TrFolEA.txt, Error code = 5004" when you first start the program. This file is used to restore the EA parameters in case the broker terminal is rebooted. When running the expert Advisor, the current parameters are read from the file for further normal operation. At the first run, this file simply does not exist, it has not yet been created, so when reading this error is displayed. The new version adds a function to check the creation of this file.