AW Trend Predictor EA MT5

Overview of AW Trend Predictor EA MT5

The AW Trend Predictor EA MT5 is a sophisticated Expert Advisor designed to capitalize on trend indicator signals. It integrates various strategies for TakeProfit and StopLoss, making it versatile for different trading environments. This EA is compatible with multiple timeframes and can handle manual position tracking, providing traders with flexibility and control.

Key Features

• Uses both fixed and dynamic StopLoss calculated by the indicator based on current volatility.
• Time-based operation with options to limit slippage and maximum spread.
• Works on all types of trading instruments and timeframes, with a recommendation for timeframes not lower than M15.
• Includes multi-timeframe filtering and averaging functionalities.

Main Settings

• Success Rate: Determines the success rate for opening an order.
• First Order on New Signal Only: Option to open new orders only on new signals.
• Order Lots: Specifies the volume of the order to open.
• Enable Autolot Calculation: Allows automatic lot calculation based on deposit.

Stop Loss and Take Profit Settings

• TakeProfit Mode: Options include closing positions on TP1, TP2, or using TP in points.
• StopLoss Mode: Options include exiting on opposite signals, using SL in points, or SL from the indicator.

Grids Settings

• Use Grids: Enables the opening of order baskets.
• Step Between Orders: Regulates the step between orders, measured in points.
• Multiplier: Multiplier for orders.
• Orders Number Limit: Maximum number of orders in one direction in the basket.

Trend Predictor Settings

• Period: The period of the indicator; longer periods result in less sensitivity.
• TakeProfit Target: Multiplier for TP1 and TP2.

Advantages

• Utilizes a fixed or dynamic StopLoss based on current market conditions.
• Time-based operation with options to limit slippage and spread.
• Compatible with all trading instruments and timeframes.
• Multi-timeframe filtering and averaging functionalities.

Input Settings

• Success Rate: Determines the success rate for opening an order.
• First Order on New Signal Only: Option to open new orders only on new signals.
• Order Lots: Specifies the volume of the order to open.
• Enable Autolot Calculation: Allows automatic lot calculation based on deposit.

Stop Loss and Take Profit Settings

• TakeProfit Mode: Options include closing positions on TP1, TP2, or using TP in points.
• StopLoss Mode: Options include exiting on opposite signals, using SL in points, or SL from the indicator.

Grids Settings

• Use Grids: Enables the opening of order baskets.
• Step Between Orders: Regulates the step between orders, measured in points.
• Multiplier: Multiplier for orders.
• Orders Number Limit: Maximum number of orders in one direction in the basket.

Trend Predictor Settings

• Period: The period of the indicator; longer periods result in less sensitivity.
• TakeProfit Target: Multiplier for TP1 and TP2.

Advantages

• Utilizes a fixed or dynamic StopLoss based on current market conditions.
• Time-based operation with options to limit slippage and spread.
• Compatible with all trading instruments and timeframes.
• Multi-timeframe filtering and averaging functionalities.

Conclusion

The AW Trend Predictor EA MT5 is a versatile and powerful tool for traders looking to capitalize on trend signals. With its robust features and flexible settings, it offers a comprehensive solution for both novice and experienced traders. Whether you're looking to automate your trading or enhance your manual strategies, this EA has something to offer. 🚀📈