MegaTrend is a trading system that is based on medium-term impulse price fluctuations. Each trade is opened if there is a corresponding trend. MegaTrend performs an in-depth technical analysis of your chosen currency pair and takes into account the fundamental factors when using the news filter. The Expert Advisor does not use aggressive and dangerous trading methods and is therefore as stable as possible when using certain settings. For safe and maximally stable trading, you should always use SL. Thanks to its unique algorithm for filtering false signals to enter the market, MegaTrend recognizes the best possible entry point to extract potentially greater profits.
Advantages:
- No grid, no martingale, no position averaging.
- The adviser is focused on the long-term perspective.
- There are no many unnecessary settings, which makes it easy to use.
- Compatible with most brokers.
- It is a multi-currency expert Advisor and can trade on any time periods.
- You can start trading with a minimum deposit of $100.
- The Expert Advisor is suitable for both beginners and professionals.
- A unique system for determining the best entry point to the market.
- Shows high performance.
- There is always only one trade in the market.
Recommendations:
You can use the Expert Advisor on almost all currency pairs, but it showed the best results on the GBP/USD pair. Also, with certain settings, you can get good results on other currency pairs. The best timeframe for trading is H4. For the most profitable trading, I recommend using brokers with a low spread.
Testing the Expert Advisor:
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MegaTrend is a trading system that is based on medium-term impulse price fluctuations. Each trade is opened if there is a corresponding trend. MegaTrend performs an in-depth technical analysis of your chosen currency pair and takes into account the fundamental factors when using the news filter. The Expert Advisor does not use aggressive and dangerous trading methods and is therefore as stable as possible when using certain settings. For safe and maximally stable trading, you should always use SL. Thanks to its unique algorithm for filtering false signals to enter the market, MegaTrend recognizes the best possible entry point to extract potentially greater profits.
- No grid, no martingale, no position averaging.
- The adviser is focused on the long-term perspective.
- There are no many unnecessary settings, which makes it easy to use.
- Compatible with most brokers.
- It is a multi-currency expert Advisor and can trade on any time periods.
- You can start trading with a minimum deposit of $100.
- The Expert Advisor is suitable for both beginners and professionals.
- A unique system for determining the best entry point to the market.
- Shows high performance.
- There is always only one trade in the market.
When testing on history, it is important to use a fixed spread (up to 10), since all brokers have different spreads and this can distort the test results. Use the recommended currency pair that has shown the best test results.
Configurable parameters:
Initial lot – the lot.
AutoLot – automatic lot calculation.
Percentage of balance for lot calculate — the load on the deposit as a percentage.
Take Profit, points – real Take Profit in points.
Stop Loss, points – real Stop Loss in points.
Virtual Take Profit – virtual Take Profit.
Virtual Stop Loss – virtual Stop Loss.
Max Drawdown – maximum drawdown (in percent) from the total deposit (at which all trades will be closed and the EA will turn off).
Max spread – the maximum spread at which the EA is allowed to open positions.
Maximum Slippage – maximum slippage when opening trades.
Magic EA – the magic number by which the EA distinguishes its positions from other orders.
News Stop Trading-disable the Expert Advisor during the news.
Configurable parameters:
Initial lot – the lot.
AutoLot – automatic lot calculation.
Percentage of balance for lot calculate — the load on the deposit as a percentage.
Take Profit, points – real Take Profit in points.
Stop Loss, points – real Stop Loss in points.
Virtual Take Profit – virtual Take Profit.
Virtual Stop Loss – virtual Stop Loss.
Max Drawdown – maximum drawdown (in percent) from the total deposit (at which all trades will be closed and the EA will turn off).
Max spread – the maximum spread at which the EA is allowed to open positions.
Maximum Slippage – maximum slippage when opening trades.
Magic EA – the magic number by which the EA distinguishes its positions from other orders.
News Stop Trading-disable the Expert Advisor during the news.
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