MI_Trend_DEMO-demo version of the MI_Trend Expert Advisor, has the following limitations compared to the full version:

• works with timeframes >= 4 hours, does not place orders on the exchange for smaller timeframes;
• the number of lots is not set, the minimum number of lots for this trading platform is used.

Detailed information on the strategy, help on the parameters and a blog on real trading using the MI_Trend Expert Advisor can be found on the website www.alta-studio.com.

MI_Trend is a semi-automatic Expert Advisor that works on a trend strategy.

The trader manually sets the support/resistance line on the screen, and the Expert Advisor follows it with a stop order to close / reverse the position. During a reversal, a stop order is placed automatically at the opposite level of the price channel until the trader sets a new support/resistance line.

When trading on 1-4 hour charts, it is enough to update the levels 1-2 times a day, and the rest of the time the stop order will follow the level automatically until the order is executed. When making a trade, the Expert Advisor sends a push notification to the mobile MetaTrader 5 and sets a protective stop at the price channel level. This is enough for the trader to open the terminal and draw a new resistance/support level within the next 12-24 hours.

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Supported graphics objects:

• trend line
• equidistant channel
• price channel-indicator APriceChannel, for display can be set separately from the market

Place the trend line or equidistant channel on the chart so that the right edge goes beyond the last price bar, then the Expert Advisor accepts the object for tracking. Drag an object or place a new one to change the level. The Expert Advisor separates different types of objects and uses the last moved line and channel. If there is a line, then it is used first. If there is no line, the channel is used. If there is no channel either, then the price channel. The price channel is not displayed by the Expert Advisor, if there is a need to display it, you can set it separately from the market, but this is not necessary for the Expert Advisor to work.

The trend line and channel are used to open a position and close/reverse. If the angle of inclination is positive (up direction), a sell order is placed, and if it is negative (down direction), a buy order is placed. Lines in the opposite direction from the open position are ignored.

Display on the screen:

• number of lots in an open position
• number of bars from the last trade
• profit/loss level of the stop order
• position margin
• custom trading strategy reminder

• button for closing/reversing a position
• button to show / hide historical transactions

Input parameters:

• Number of lots to trade
• Price channel period
• Text color
• Text-trading style hint
• Language of the information text (English, Russian)

The Expert Advisor works best on pairs that have clearly defined support/resistance levels, for example, for Forex: EURUSD, GBPCHF, USDJPY, GBPJPY; FORTS: Si, Eu, ED.

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