Trend Following Expert Advisor Utilizing Escort Strategy
Info
The Trend Following Expert Advisor Utilizing Escort Strategy is a Expert Advisor for MetaTrader 4 that this expert advisor executes trades based on a defined trading strategy, incorporating take profit and stop loss levels. It enhances trade security by moving the stop loss to breakeven and employing a trailing stop mechanism.
Usage
This tool is typically used for trend following strategies across multiple currency pairs.
Platform
This Expert Advisor works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Experts folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use Trend Following Expert Advisor Utilizing Escort Strategy
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
This Expert Advisor executes trades based on a defined trading strategy, incorporating take profit and stop loss levels.
Typical Use Case
This Expert Advisor excels in trend following on MetaTrader 4.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 4. Place the file in the MQL4/Experts folder and restart the terminal.
Description & Settings
Related: MD Scalper EA: Trend/Reversal Scalping with Trailing Stop - another powerful expert for MetaTrader 4 traders.
This Expert Advisor executes trades based on a defined trading strategy, incorporating take profit and stop loss levels. It enhances trade security by moving the stop loss to breakeven and employing a trailing stop mechanism.Also recommended: lx eurjpy: an adaptive trend-following expert advisor - similar expert with strong performance on MetaTrader 4.
The strategy leverages built-in MetaTrader 4 indicators: two Moving Averages, MACD, and CCI. All indicator parameters are adjustable within the EA settings. A comprehensive explanation of the strategy, EA configuration, and performance testing is provided in the accompanying video.
Video: [Link to Video - Placeholder]
The EA settings are tailored for the GBP/USD pair. The archive includes .set files optimized for 2026 and featuring universal parameters.
Test Results with Optimized Parameters for 2026:
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Test Results with Universal Parameters for 2026:
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Live Cent Account Trading Results from June 23, 2026, to July 10, 2026, with Universal Parameters:
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For currency pairs with a floating spread, it is advised to increase the stop loss by the average spread amount in the optimized settings.
Recommendations:
This trading strategy is not infallible and can result in losing trades. The EA manages a single open market order at a time, disregarding new signals until the current order is closed. Optimal performance has been observed on trending, volatile currency pairs. This is not a fully automated trading robot and may exhibit issues with trade execution and management on certain account types. There is a risk of deposit loss during periods of high market volatility, extended flat markets, or unforeseen events.
Unique EA Code Revision Number: [Placeholder]
You may also like: forces momentum: trend determination tool - excellent alternative for expert users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.0"
#property strict
extern string s1="risk mm and parameters orders";
extern double mm_lots = 0.1; // lot size when disconnecting mm
extern int mm_mode = 1; // 0 mm disabled enabled 1
extern double riskpercent = 1; // percentage of the risk position of the deposit and stoploss
extern int lotsdecimal = 1; // number of decimal places
extern double lotexponent = 1.0; // koefitsient increase lot series.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.