EA Trend Follower: A Development Foundation

Related: Supertrend Scalper with Breakeven Win Rate Panel - another powerful expert for MetaTrader 5 traders.

TREND Follower (DAILY)

is a lightweight, development-oriented Expert Advisor (EA) created as a base trading architecture for research, learning, experimentation, and further development.

Also recommended: Stormbreaker ADX - Supertrend and DMI Trend EA for MT5 - similar expert with strong performance on MetaTrader 5.

The EA is intentionally designed around a simple concept: follow the market direction using the relationship between price and the Parabolic SAR.

It is not presented as a fully optimized or finished trading system. Instead, it provides a clean and accessible foundation that developers can study, modify, test, and expand.



Current Trading Strategy



TREND Follower uses a simple Parabolic SAR trend-following and reversal strategy:

Price above SAR → BUY direction

Price below SAR → SELL direction



When the detected direction changes, the EA attempts to close the existing opposite position before opening a position in the new direction.

This creates a straightforward follow-the-direction and reverse-on-change trading model.



Current Features



The current base version includes:

- Parabolic SAR directional analysis
- Fixed-lot position sizing
- Maximum spread protection
- Configurable trading hours
- EA-specific Magic Number
- Optional Stop Loss and Take Profit
- Basic trade execution validation
- Broker-compatible volume and order handling
- Safer position reversal logic

These features provide basic execution and protection while keeping the original entry logic simple and transparent.



Development Potential



TREND Follower is designed to be extended rather than treated as a final system.

Developers can build additional modules for:

- Risk-based position sizing
- ATR-based SL/TP and trailing protection
- Break-even and partial exits
- Higher-timeframe confirmation
- Market structure and price-action analysis
- Volatility and market-regime detection
- Grid, layering, or recovery logic

- AI and Machine Learning
- Advanced signal scoring
- Multi-symbol and portfolio management
- Advanced execution and risk controls

The existing Parabolic SAR strategy can remain as the core signal while additional layers are developed around it.



Why This Code Is Shared



TREND Follower is published as a Development and Research Code Base.

The objective is to provide developers with a simple and understandable foundation:

Study → Modify → Test → Optimize → Extend

The code is intended to encourage further research, experimentation, and development within the MQL5 community.



Development & Risk Notice



This source code is provided for development, research, educational, and experimental purposes.

It should not be considered a guaranteed profitable or production-ready trading system. Thorough backtesting, forward testing, and risk evaluation are strongly recommended before any live deployment.

Trading financial instruments, including XAUUSD / Gold, involves substantial financial risk. Market volatility, spread, slippage, leverage, liquidity, execution conditions, and technical failures can result in significant losses.

Users are solely responsible for evaluating, modifying, testing, and deciding how the code is used.



Final Perspective



TREND Follower provides a simple foundation built around one clear principle : Observe the Parabolic SAR → Follow the detected direction → Reverse when the direction changes.

The architecture is intentionally open for further development into more advanced trading, risk-management, market-analysis, adaptive, and AI-based systems.

You may also like: ATR Trend Guard MT5: Dynamic EMA Crossover Expert Advisor with Integrated Risk Management - excellent alternative for expert users on MetaTrader 5.

#property copyright "RobotFX"
#property link "https://robotfx.org"
#property version   "1.2"
#include <Trade\Trade.mqh>
#include <Trade\PositionInfo.mqh>
#include <Trade\SymbolInfo.mqh>
input group "=== TRADE SETTINGS ==="
input double   InpLotSize       = 0.01;
input ulong    InpMagicNumber   = 20260831;
input int      InpDeviation     = 20;

.......

• 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.