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AW Trend Predictor EA MT5

0.00

  • Uses a fixedStopLoss or dynamicStopLoss calculated by the indicator based on the current volatility
  • it has the function of working on time, limiting slippage and maximum spread
  • Works on all types of trading instruments
  • Suitable for tracking positions opened manually
  • It works on any timeframe, we recommend working on timeframes not lower than M15
  • The function of filtering the trend by the highest timeframe or indicator with a large period is enabled
  • Optionally, it can use averaging

The indicator elements are visible only if the indicator is running – AW Trend Predictor Indicator

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The indicator elements are visible only if the indicator is running – AW Trend Predictor Indicator

Input Settings

  • Success Rate – The success rate for opening an order. 
  • First order on new signal only-The option to open new orders only when a new signal is received from the indicator-to do this, select “True”, if you select” False”, orders will open in the current trend direction as soon as the previous ones are closed (more orders).
  • Order lots – The volume of the order to open.  
  • Enable Autolot calculation is to Use automatic lot calculation. 
  • Autolot deposit per 0.01 lots – The amount of the deposit for every 0.01 when using autolot.

STOP LOSS TAKE PROFIT SETTINGS

  • TakeProfit Mode –   Choosing a take profit strategy:
    • Close position on TP1
    • Close position on TP2
    • Use TP in Points   
  • TakeProfit in Points (if used) – Fixed StopLoss for each individual order
  • StopLoss Mode-Strategy Selection StopLoss.
    • Exit on opposite signal 
    • Use SL in Points 
    • Use SL from Indicator 
  • StopLoss in Points (if used) – Fixed StopLoss for each individual order
  • Close position on TP1
  • Close position on TP2
  • Use TP in Points   
  • Exit on opposite signal 
  • Use SL in Points 
  • Use SL from Indicator 

GRIDS SETTINGS

  • Use grids – Use the opening of order buckets. 
  • Step between orders-Variable that regulates the step between orders, measured in points
  • Multiplier – a Multiplier for the orders
  • Orders Number Limit – The maximum number of orders in one direction in the basket

 TREND PREDICTOR SETTINGS

  • Period – The period of the indicator, the longer, the lower the sensitivity of the indicator signals
  • TakeProfit target-Multiplier for TP1 and TP2. The higher the multiplier, the greater the profit from a single trade, but the lower the success rate of the signals 
  • StopLoss target-Multiplier for StopLoss. The higher the value of the variable the further from the opening price the stop Loss will be located
  • Maximum bars – The number of bars for calculating statistics

MULTI-TIMEFRAME TREND SETTINGS

  • Period for multitimeframe filter – Select the timeframe for filtering signals. For the entry point, the timeframe of your current chart is used. For filtering, you need to use a timeframe of a larger range. 
  • Period – The period of the indicator, the longer, the lower the sensitivity of the indicator signals.
  • Work on Time 
  • Start Time 
  • End Time 

NOTIFICATIONS SETTINGS-Notification settings section

  • Send push notifications when close orders 
  • Send mails when close orders  
  • Send alerts when close orders 

ADVISOR SETTINGS  

  • Orders Magic number – The main ID of the EA’s orders. It is used primarily for identifying orders
  • Comments for orders – Comments on the EA’s orders
  • Slippage Limit – Maximum allowed slippage in points
  • Spread Limit – The maximum allowed spread for opening orders
  • Allow to open OP_BUY orders – Allow sending OP_BUY orders
  • Allow to open OP_SELL orders – Allow to send the order type is OP_SELL
  • Allow to open new orders after close-Allow to send new orders after all orders are closed
  • Font size in panels-Change the font size in the panel
  • Show panel – Show or hide the Expert Advisor panel

ADVISOR SETTINGS  

  • Orders Magic number – The main ID of the EA’s orders. It is used primarily for identifying orders
  • Comments for orders – Comments on the EA’s orders
  • Slippage Limit – Maximum allowed slippage in points
  • Spread Limit – The maximum allowed spread for opening orders
  • Allow to open OP_BUY orders – Allow sending OP_BUY orders
  • Allow to open OP_SELL orders – Allow to send the order type is OP_SELL
  • Allow to open new orders after close-Allow to send new orders after all orders are closed
  • Font size in panels-Change the font size in the panel
  • Show panel – Show or hide the Expert Advisor panel

Other developments of the author / Version of the Expert Advisor on the MT4 platform / Instructions and description of the Expert Advisor

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