get trend
Info
The get trend is a Expert Advisor for MetaTrader 5 that attention. the expert advisor will only work on the m15 timeframe.
Usage
This tool is typically used for trend following strategies across multiple currency pairs.
Platform
This Expert Advisor works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Experts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use get trend
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
attention.
Typical Use Case
This Expert Advisor excels in trend following on MetaTrader 5.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 5. Place the file in the MQL5/Experts folder and restart the terminal.
Description & Settings
Related: Steep MA Trend EA - another powerful expert for MetaTrader 5 traders.
attention! the expert advisor will only work on the m15 timeframe!
short-term trends. the expert advisor uses two ima indicators and one istochastic.
Also recommended: Super Trend Trading EA - similar expert with strong performance on MetaTrader 5.
system rules:compare the moving averages on the 15-minute and 1-hour chart. trend exists if price on both charts is above or below the moving average.
once you have identified the trend, analyze the 15-minute chart for compliance with its two conditions (both of them must be met at the same time):
the price should be no more than 20 points above (to buy) or no more than 20 pips below (to sell) the moving average;
the stochastic line should cross the stochastic line below the stochastic level 20 (to buy) or cross the stochastic line down above the level of 80 (to sell).
calculating parameters:
buy condition:
sell condition:
eurusd,m15, c 2016.01.01 по 2017.02.06:
You may also like: adx trend pullback ea: trend strength and volatility-based trading - excellent alternative for expert users on MetaTrader 5.
Source Code
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⚠ 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.