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REGISTER PARTICIPANTS Expert Pushthetrend Lite Mt4

Discussion in 'Forex Market MQL5' started by James Goldman, Sep 11, 2020.

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  1. James Goldman

    James Goldman Moderator
    Staff Member Organizer

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    #pushthetrendlite

    pushthetrend-lite-logo-200x200-2696.png

    PushTheTrend is an Expert Advisor the strategy of which consists of opening orders following a trend toward the current movement. The EA is waiting for a burst of activity and if it sees that the burst can push the market further, it opens a trade in the burst direction. The EA has two built-in similar algorithms determining entry points which complement each other.

    The EA works on EURUSD, GBPUSD, AUDUSD, NZDUSD and USDCHF, recommended timeframes: M1, M5, M15. Results will differ depending on a timeframe. Perform several tests and select a timeframe which suits you before attaching the EA on the chart.

    Features
    • It DOES NOT use grid strategy.
    • It DOES NOT use Martingale.
    • It DOES NOT use hedging and arbitrage.
    • Handy risk calculation system.
    • Works with 4 and 5 digits brokers.
    • Automated twenty-four-hour operation.
    • Built-in system of fast capital recovery.
    • Positive results of long backtesting of the strategy (from 1999 to our days) including quotes with 99% quality.
    • Supports NFA rules (FIFO, no
      hedging).
    Recommendations
    • 5 digit ECN and STP account with average spread on EURUSD and GBPUSD not exceeding 25 points.
    • Deposit: 100$.
    • Leverage from 1:50-100 (depending on expected risks).
    Parameters
    • Risk — calculation of a trade size (lot) which depends on a deposit size in % (maximum amount you are ready to risk in one trade, as percentage of the deposit).
    • FixLot — fixed size of a trade (does not depend on the deposit size). The parameter is activated when Risk=0.
    • RecoveryMode — fast capital recovery mode.
    ATTENTION! Test this function in the strategy tester before using it!

    Also: all available trade history of the terminal must be opened for proper operation in the Recovery mode (Account history tab-> right mouse button on an empty space (or any other order) -> History tab).

    • Indication — show indication on the chart.
    • MagicNumber — ID number of the EA's orders (the EA has 2 built-in algorithms, each algorithm uses its own ID number as follows: MagicNumber+(algorithm number). For instance, if MagicNumber = 1000, ID number of the first algorithm will be 1000+1=1001, for the second - 1000+2=1002).
    • EAComment — comment for the EA's orders.
    • MaxSpread — maximum allowed spread for opening orders.
    • FIFO — NFA compatibility mode.
    Real Trade Results
    You are not allowed to view links. Register or Login

    pushthetrend-lite-screen-4894.png pushthetrend-lite-screen-4301.png pushthetrend-lite-screen-7220.png pushthetrend-lite-screen-3735.png pushthetrend-lite-screen-8828.png

     
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