Trendy Boom and Crash Trader

INTRODUCTION

Designed to trade the boom and crash indices from deriv.com on mt5, Trendy EA is a consistent scalper. It uses one or two moving averages to determine the trend, and then the awesome oscillator is used to identify entry points. All analysis is done on the 1 minute time frame, and every position is opened with stop loss and take profit levels.

FEATURES

Quick set-up using trading modes

Trade all instruments from a single chart

Smart automatic lot size adjustment

Fully automated trading; 24/7 on every instrument you select

INSTRUMENTS

Boom and Crash 1000 and 500 Indices

SOME SETTINGS

Trading mode - quick set up options. Default = Aggressive

========== General settings ==========

Use moving average trend filter - the EA should use a moving average to filter trends. Default = false

Use moving average trend filter on a second timeframe - the EA should use a second moving average to further confirm the trend. Default = false

Minimum valid spike size - the smallest change in asset price for valid spikes. Default = 1

Allow multiple positions on an index - more than one position can exist at a time on an instrument. Default = true

========== Instruments ==========

Trade Boom 1000 Index - Default = true

Trade Boom 500 Index - Default = true

Trade Crash 1000 Index - Default = true

Trade Crash 500 Index - Default = true

========== Money management ==========

Starting lot size - basic lot size for trading. Default = 0.2

Recovery factor - for calculating smart automatic lot size. Default = 0.5

TRADING MODES

Trading modes allow for one click set up of Trendy EA. Each trading mode has a built-in list of settings for the most important input parameters. When you select a trading mode, the EA will use those built-in settings and ignore those in the settings dialogue box. There are four trading modes;

1. Conservative trading mode (list of settings)

- use moving average trend filter - true

- use moving average trend filter on a second timeframe - true

- allow multiple positions on an index - false

2. Intermediate trading mode (list of settings)

- use moving average trend filter - true

- use moving average trend filter on a second timeframe - false

- allow multiple positions on an index - true

3. Aggressive trading mode (list of settings)

- use moving average trend filter - false

- use moving average trend filter on a second timeframe - false

- allow multiple positions on an index - true

NOTE: the three trading modes above all have the following settings in common - starting lot size, stop loss and take profit for 1000 and 500 indices, recovery factor, and moving average period and applied timeframe for both first and second moving averages - they are all set to the default values.

4. Custom trading mode - the EA will use your settings in the dialogue box for all input parameters

RECOMMENDATIONS

1. Insert the EA only on one chart and select all the instruments you want to trade in the settings
2. Insert the EA on m1 timeframe only. DO NOT INSERT ON OTHER TIMEFRAMES
3. Make use of a VPS (virtual private server) for best results
4. Trade on all four boom and crash indices simultaneously
5. Recommended starting capital is $3000