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 and GBPUSD and any timeframes. Results will differ depending on a timeframe. Perform several tests and select a timeframe which suits you before attaching the EA on the chart.
It DOESNOT use grid strategy.
It DOESNOT use Martingale.
It DOESNOT 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.
5 digit ECN and STP account with average spread on EURUSD and GBPUSD not exceeding 25 points.
Leverage from 1:50–100 (depending on expected risks).
Risk â€ 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 â€ fixed size of a trade (does not depend on the deposit size). The parameter is activated when Risk=0.
RecoveryMode â€ 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 â€ show indication on the chart.
MagicNumber â€ 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 â€ comment for the EA’s orders.
MaxSpread â€ maximum allowed spread for opening orders.
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