Trendsignal EA

Trendsignal Expert Advisor trades are based on trend following strategy signal received from Trendsignal indicator. You can download it here: https://www.mql5.com/en/code/10928 for visual signals on chart.

Trading Strategy

Trendsignal Expert Advisor is a multi-pair EA. It can work with all timeframes, all currency pairs including commodities. But the most profitable recommended settings are H1 timeframe with the following currency pairs: EURUSD, GBPUSD, USDJPY, USDCAD and USDAUD.

Settings for H1

1. LotSize – user defined.
2. Riskmanagement=true/false – for automatic lot size according to account balance.
3. Risk% – risk percent from account balance for calculating automatic lot size.
4. Takeprofit=60 pips.
5. Stoploss=40 pips.
6. TrailingStop=40 pips.
7. Breakeven=0.

Performance results

With these settings, Trendsignal EA becomes highly effective with low drawdown about 15% with risk/reward ratio as 4/6 which is very good with above mentioned 5 pairs.