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MacroTrendTrader

This is MacroTrendTrader.

It trades in DAILY time frame even if you run it on lower time frames. It opens/closes trades once per day at a specific time that you choose via input tab:

  • - "param(1-5)" are optimization parameters.
  • - "Open/Close Hour" is set via input tab. Make sure to choose this to be away from nightly server shutdown.
  • - "high risk" mode if chosen, sets a closer stop loss level. Therefore higher lot sizes are taken. 

This is a light load EA from processing point of view. Calculations are done once per day. You can easily run this on several charts simultaneously. Make sure to set a different magic number for each.

  • note: The screenshot shows a 360% profitability in GBPUSD for over a year and 21% draw-down.
  • warning: Like most trend traders this works best when applied to macroeconomic trends.

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5 (1)
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Experts
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Experts
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Experts
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Yashar Seyyedin
Indicadores
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Indicadores
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Indicadores
To download MT5 version please click here . This is the exact conversion from TradingView: "B-Xtrender" By "QuantTherapy". - It is an oscillator based on RSI and multiple layers of moving averages. -   It is a two in one indicator to calculate overbought and oversold zones for different RSI settings. -  This indicator lets you read the buffers for all data on the window. - This is a non-repaint and light processing load indicator. - You can message in private chat for further changes you need.
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Versão 1.40 2022.11.26
a small logic fix.
Versão 1.30 2022.11.26
logical fix
Versão 1.20 2022.11.25
A small logic fix with calculation.
Versão 1.10 2022.11.25
A small fix in logic.