Crazy Trend

Right! The trend is your friend! This robot is an excellent Crazy Trend catcher.

• Simultaneously operates on 3 Time Frames: H1, H4, and D1.
• High profit factor with impressive win rate.
• No risky strategies like Martingale or Grid.
• All positions have fixed Stop Loss.
• Simple default settings (The input "Entry SMA" should be set to 70.)

MT5 version click here: https://www.mql5.com/en/market/product/103466

The "Crazy Trend" Expert Advisor utilizes an advanced pullback and breakout strategy across multiple timeframes (H1, H4, and D1) simultaneously. This approach effectively identifies trading opportunities by monitoring the pullback below some defined range, in conjunction with bullish or bearish indicators such as RSI and stochastic oscillators aligned with the overall trend direction.

In addition, the EA incorporates sophisticated price action analysis algorithms to interpret and make trading decisions based on the patterns and formations observed in the price movements. It considers factors such as candlestick patterns, price volatility, and market structure to gauge the strength and direction of the market. The EA also identifies key price levels, such as support and resistance zones, trend lines, and chart patterns, to determine effective entry points.

By analyzing price action, the EA can filter out market noise and provide traders with accurate signals for potential breakout. Upon identifying a potential breakout, the EA will intelligently and cautiously place a stop order above a critical value, preparing to capitalize on the ensuing price movement. To ensure safety, if a breakout fails to occur within a 20-hour timeframe, the stop order is automatically canceled. This principle enhances the EA's ability to capture lucrative trends in the market.

Regarding the exit strategy, the EA employs a prudent approach. It will initially secure a partial take-profit of approximately 150%, followed by patiently waiting for the opportune moment when three Moving Averages intersect to trigger the remaining exit. This method ensures a balanced approach to profit-taking while maximizing potential gains.

As a result of the market noise filtering of the side-way market condition, one notable advantage of the "Crazy Trend" EA is its conservative trading frequency, minimizing exposure to unnecessary risks. Despite this cautious approach, the EA consistently generates profitable results with low risk, making it an ideal choice for traders seeking a reliable and effective trading solution.

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Very Simple Usage:

• Broker: Any
• Symbol to Trade: EURUSD
• Minimum Account Size: $100
• Timeframe: H1
• Enable the "Fixed_LotSize" option and specify a desired value for "LotSize". This will ensure a fixed lot size throughout.
• Disable the "Fixed_LotSize" option and set a value for "Risk". By doing so, the LotSize will be dynamically adjusted in accordance with the balance's Risk Percentage.
• Use default setting  (The input "Entry SMA" should be set to 70.)

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Q&A:

Which broker should I use?
Any.

Which pair should I trade with your EA?
EURUSD only.

What is the minimum capital to start?
$100 is okay to start. Risking only $100 to make plenty after a few years should be an acceptable good try.

What is the time frame of the chart to which I drag the EA?
The EA only works on the H1 time frame. Therefore, when you drag the EA to your chart, the time frame of that chart should be H1. However, the EA also simultaneously monitors the price movement of the other two higher time frames: H4 and D1 in order to acquire data for interpretation.

What is the lot size?
Set Fixed_LotSize to true, and set the LotSize to any value, the lot size is fixed at that value. It will consistently generate profitable results.

What is the Risk?
Set Fixed_LotSize to false, and set the Risk to some value (5% for safety, 15% for high risk and crazy return), the LotSize will be adjusted according to the Risk % of balance and it will grow your profit automatically for optimal results.