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CutTheTrend FX

CutTheTrend FX is an automated trading Expert Advisor, which does not use indicators, because the analysis of history often leads to incorrect decisions in the future. The Expert Advisor analyses the current market situation based on Price Action and opens a position according to these calculations.

It opens one position, but, if necessary, can apply grid algorithms to maintain positive operation. Also the EA is equipped with protective techniques, such as Trailing stop and Risk Blocking (see the description below) and control of the number of open positions.

For convenience, it has the function of monitoring trading hours.


The overview of my other useful products is available in my Profile


Instructions

  • Expert Advisor settings: Settings in discussion!
  • Currency pairs: EURUSD
  • Time Frame: M5.
  • Brokers: any (I can provide recommendations in a currency pair)
  • Trading time: any
  • Minimum deposit: 500$.
If you cannot keep your PC on for 24 hours 5 days a week, you should use the built-in VPS service, because uninterrupted work is required for the proper operation of the EA.


Parameters

  • Enable Table - show/hide the table;
  • Lots - fixed lot;
  • Take Profit(in pips) - (10.0 = 100 points with 5-digit quotes);
  • Lot Multiplication - lot multiplier if the first lot has not closed by Take Profit;
  • Step Lots - after this step an order with a multiplied lot will be opened;
  • Trailing Stop - enabling Trailing Stop. (As soon as a floating profit exceeds the Trailing Stop value, a stop loss order is placed at a Trailing Stop distance from the current price.)
  • Start Trailing - minimum profit in poi8nts, after which Trailing Stop is placed;
  • Trail Stop - minimum step for Trailing Stop;
  • Risk Blocking - if set to "True", the EA will close all trades after the Maximum Risk value is exceeded;
  • Maximum Risk - the maximum risk value for the "Risk Blocking" parameter. If Risk Blocking = True, all positions will be closed after this value;
  • Max Open Orders - a limit on open orders;
  • Slippage - the maximum allowable slippage for opening positions;
  • Magic Number - the magic number to identify the EA's positions.


Trading time

  • Start Minute - trading start minute, the terminal time (trading is not stopped if set to 0);
  • Start Hour - trading start hour, the terminal time (trading is not stopped if set to 0);
  • Stop Minute - trading stop minute, the terminal time (trading is not stopped if set to 0);
  • Stop Hour - trading stop hour, the terminal time (trading is not stopped if set to 0);
  • Starting Trade Day - trading start day, the terminal time (trading is not stopped if set to 0);
  • Ending Trade Day - trading end day, the terminal time (from 1 to 7, not applicable if set to 0).


Have a happy trading.

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Promozione lancio: Numero limitato di copie disponibili al prezzo corrente Prezzo finale: 990$ NOVITÀ: ottieni 1 EA gratis!   (per 2 account commerciali) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Benvenuto in DayTrade Pro Algo!   Dopo anni di studio dei mercati e programmazione di diverse strategie, ho trovato un algoritmo che ha tutto ciò di cui ha bisogno un buon sistema di trading: È indipendente
Sequoia mt4
Yvan Musatov
4 (4)
The Sequoia Expert Advisor is a professional market analyst working using a specialized algorithm. Based on the analysis of prices over a specific time interval, it reveals the strength and amplitude of prices using a unique indication system based on real data. When the strength of the trend and its direction changes, the expert closes the current position and opens a new one. The bot's algorithms include signals about overbought and oversold markets. A purchase occurs if the signal falls belo
Oracle MT4
Stanislav Tomilov
4.1 (10)
Oracle Trading Expert the Quintessence of Modern Programming Technologies Expert Oracle for MetaTrader, trading on GBPUSD and Gold, represents the quintessence of modern programming technologies. Our unique proprietary methods and developments are based on advanced machine learning concepts, making our trading expert truly one-of-a-kind. We offer cutting-edge modules and neural architecture that embody innovative advancements in financial programming. Our algorithms rely on in-depth data analysi
TrendMaster FX MT4
Chen Jia Qi
4.88 (16)
Introducing our MT5 EA: Designed with advanced algorithms and utilizing deep learning technology, our Expert Advisor (EA) is crafted to assist you in the intricate world of forex trading. The system analyzes market behaviors and conducts transactions based on specific criteria, empowering you to engage with market trends more effectively. With the backing of nearly a decade of data, the EA employs deep learning to examine past market conditions, aiming to provide enhanced decision-making. Recom
Ai Hybrid Robot MT4
Mansour Babasafary
5 (3)
Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in the EURUSD , GBPUSD , USDCHF , AUDUSD , USDCAD , NZDUSD  currency pairs Can be used in M30 , H1 , H4 , D1 time frames Has profit limit and loss limit Without using risky strategies like martingale or hedg
Hercules AI MT4
Aleksandr Chebotaev
2 (1)
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
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Flow Of Lines
Roman Vashchilin
5 (1)
Flow Of Lines The indicator calculates and shows on a symbol chart trend channels, as well as the price movement channels, each of which corresponds to its specific timeframe. This method provides easy analysis of long- and short-term trend movement dynamics. In addition to all of the above, the indicator displays breakouts and the presence of a strong trend in the digital format (on the right top of the table). The lines that serve as the channel borders, can be at the same time used as certa
Two Ways Signal
Roman Vashchilin
5 (1)
This indicator works based on an improved system of triple moving averages (MA). In conjunction, this system is able to deliver impressive results in trading. The indicator is easy to use. It represents 2 arrows which are automatically drawn after a bar is closed, showing where the price is likely to move in the nearest future based on the combination of the signals from all MAs. What is Moving Average (MA)? It is one of the most popular, proven and efficient methods for Forex trading. Its pri
This indicator is built on a high-precision strategy, which is based on a set of different Moving Averages. Together they form a strategy that provides stable, and most importantly accurate signals. What is a Moving Average (MA) It is one of the most popular, proven and effective ways to work in the Forex market. Its task is to average price values by smoothing local movements, thereby helping the trader to focus on the major price movements. How to Trade By default, the indicator has 2 line
The FX Scientific Scalper is a fully aitomated trading system for efficient scalping trading in the Forex market. The Expert Advisor uses a number of mathematical calculations for position opening. Does not use martingale. Does not use aggressive trading. Does not accumulate drawdown. The Expert Advisor trades smoothly and gradually increases its capacity. Its priority is saving the deposit. This significantly increases the chances of successful trading and minimizes risk. The robot can calculat
Waves Of Fibonacci
Roman Vashchilin
3 (2)
The principle of the indicator operation lies in the analysis of the currency pair history and determining the beginning and the end of the "power" driving the current trend. It also determines the Fibonacci levels in the main window. The indicator also shows how long ago the local Highs and Lows have been reached. How to Use Waves in the subwindow show the strength and the stage of the trend movement. That is, if the waves only start rising, then the trend is in the initial stage. If the wave
Smooth Patterns
Roman Vashchilin
Trading patterns on Forex is considered to be the highest level of trading, since it usually requires years of mastering various patterns (shapes and candle combinations) and the ways they affect the price. Patterns are different combinations of Japanese candles on a chart, shapes of classical technical analysis, as well as any regularities of the market behavior repeating many times under the same conditions. After the patterns appear on a chart, the price starts behaving in a certain way allow
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Versione 1.2 2020.04.06
Version 1.1
1. The initial settings of the adviser have been changed to those in the signal (see the link to the signal in the description);
2. Removed minor bugs with opening time settings.
3. The code has been optimized for the new build, the speed of the adviser has been increased.
Versione 1.1 2020.04.06
Version 1.1
1. The initial settings of the adviser have been changed to those in the signal (see the link to the signal in the description);
2. Removed minor bugs with opening time settings.
3. The code has been optimized for the new build, the speed of the adviser has been increased.