PushTheTrend Lite

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, GBPUSD, AUDUSD, NZDUSD and USDCHF, recommended timeframes: M1, M5, M15. Results will differ depending on a timeframe. Perform several tests and select a timeframe which suits you before attaching the EA on the chart.

Features

• It DOES NOT use grid strategy.
• It DOES NOT use Martingale.
• It DOES NOT 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.
• Supports NFA rules (FIFO, no hedging).

Recommendations

• 5 digit ECN and STP account with average spread on EURUSD and GBPUSD not exceeding 25 points.
• Deposit: 100$.
• Leverage from 1:50-100 (depending on expected risks).

Parameters

• Risk — 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 — fixed size of a trade (does not depend on the deposit size). The parameter is activated when Risk=0.
• RecoveryMode — fast capital recovery mode.

ATTENTION! Test this function in the strategy tester before using it!

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