Trading utilities for MetaTrader 5
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MetaTrader 5
Top Rated Products MT5
Overview
Please contact me after purchase to get the correct parameter setting file. Incorrect parameter setting may lead to bad results.
Next price: $599.
Signal 1, Real-time signal display. Click to download: parameter set settings .
If you have any questions about EA settings, you can discuss and join the public discussion group here: Click Here .
Top Trend EA is a trend EA. Any upward or downward momentum will eventually weaken. When this weakening occurs, a new trend will come. Based on this market phenomenon, I developed this EA. It will not enter the market in the middle of an upward or downward trend, as that is too unsafe. It will enter the market at the beginning of a new downward or new upward trend. It sounds a bit exciting, and in fact, its performance is really good. The EA uses the exhaustion point of the RSI upward momentum as the short position, and the exhaustion point of the RSI downward momentum as the long position. It always opens positions at the top and bottom positions, and never chases the ups or downs in the middle position, thereby obtaining a sufficiently safe entry point.
Please note: there is only one order at a time, and each order has a stop loss. There are an average of 3 trades per day, and the order retention time is about 4 hours. There is no Martingale, no grid, and other dangerous ways to lose all your capital. There are many EAs on the market that use AI for overfitting, and the test looks good, but the actual trading loses money. This is not what we want, this is an honest EA. Honest EA always grows in twists and turns. The straight rising curve of the fit does not exist here, and you need to accept a part of the retracement.
The setting of stop loss is crucial to reduce losses. EA defines four levels of stop loss protection, first level: dynamic stop loss. Dynamic stop loss is built-in and does not need to be set. Most losing positions usually trigger dynamic stop loss and end with small losses. This is the most common stop loss. Use small stop loss in exchange for stable growth. This is the design concept of this EA. Second level: limit stop loss to 600 micro points, which is the highest stop loss that can be triggered in rare cases. Third level: 400 micro points smart stop loss. Smart stop loss needs to be set to true. When the maximum stop loss occurs, the stop loss is executed at 400 micro points instead of 600 micro points. Fourth level: 800 micro points virtual stop loss, virtual stop loss only works at 0-1 points and is almost never triggered.
Features of Top Trend :
- This EA uses a volatility adaptive mechanism and has only one key parameter, 110. The rest of the parameters use the default parameters and can run well.
- The EA supports multiple currency pairs, such as AUDNZD, EURCHF (110 replaced by 70), GBPCHF and so on.
- The key parameter is external. Professional traders can become more powerful by changing the trading timeframe and adjusting the adaptive volatility settings. If you are a professional trader, you can adjust the volatility settings to get better performance than the default settings. If you are not a professional trader, just use the default settings.
- Be honest about your trading results. Growth will not be a straight line, but a zigzag but continuous one.
- Supports single chart and multiple currencies OneChartSetup, and can test multiple varieties at the same time
- With news filtering function. UseNewsFilter=true; Whether to use news filtering.
- Object-oriented programming, fast program running speed
- Can be used with other EAs
- One order at a time, four-fold loss protection
application
- Period : M5
- Varieties: Multiple currency pairs, recommended: GBPCAD, EURSGD, EURCAD, AUDNZD, EURCHF, GBPCHF, can also be used on other varieties. Before using other varieties, please conduct a medium- and long-term backtest of more than 5 years to select the appropriate variety. Adapt to volatility changes and adjust the key parameter of 110. Be result-oriented and choose the most profitable and high profit-loss ratio varieties.
- Minimum deposit: 20 USD. 20 USD can only be used to trade GBPCAD or EURSGD, which is a high risk. It is recommended to trade only one product for every 100 USD, with a position of 0.01 lot. Risk warning: If you do not adjust the number of positions as recommended, you will bear the risk at your own risk.
- Account: ECN/RaW/STP, (Tickmill raw spread account, icmarkets raw spread account , fpmarkets raw spread account , exness zero point account, etc.)
- Recommended Broker: IC Markets
- VPS is recommended
Using OneChartSetup:
This EA allows to support multiple currencies in one chart. Just load it into the chart and enter GBPCAD in the first row, EURSGD in the second row, EURCAD or other currency in the third row. Please use it on 5M chart. Non-professional traders should just use the default settings. Remember to adjust the appropriate number of positions according to your account funds.
When using onechart to trade multiple currency pairs on a single chart, keep the quotes on the left side displayed for all currency pairs.
For every 10 copies sold, the price will increase by $100. The price increase process is: 50-->500-->1000... until the target price is $2000.
Say no to piracy: Do not try and make mistakes with your own money. EA contains algorithms to detect all fake versions. All subsequent activations will not work properly, be careful.
