Kevin Harris Blog
Kevin Harris shares a secret Forex trend detector software that is compatible with all brokers and uses tight management and profit protection. The software is based on a volatility breakout strategy and can be used on Windows XP, Vista, 7, 8, or 10. The EA recognizes when a volatile market is closing and executes trades based on predicted price levels. Important settings include magic, max spread, max slippage, stealth mode, recovery mode, and more. The software offers easy installation, adaptability to market conditions, and customer support. It trades exclusively on EURUSD and costs $247 with multiple licenses and lifetime updates.
Secret Forex Trend Detector: An Automated Forex Software for Metatrader
Introduction:
Hi, I’m Kevin Harris. In the next few minutes, I’m going to share with you a secret Forex trend detector that is an automated forex software for MetaTrader. This EA (Expert Advisor) is compatible with all MT4 brokers and all brokers using the AC and type order fulfillment.
Features of the Forex Trend Detector:
The Forex trend detector uses tight management and profit protection via several filters. The system is designed to trade very selectively, accepting only trades with high rewards/risk ratio. This success is based on a volatility breakout strategy that is programmed to validate and trade breakout signs through statistical techniques and years of analysis in raw market data.
Recommended Setup:
To optimize the performance of the Forex trend detector, it is recommended to have a PC with a 2 GHz CPU, 4 gigabytes of RAM, and an operating system such as Windows XP, Windows Vista, Windows 7, Windows 8, or Windows 10.
Volatility Breakout Strategy:
The volatile breakout strategy is based on a sequence of market observations and trading actions that signify a tendency in the market. It recognizes when a volatile market is closing in, identifying the volatility borders bracketing the dominant market trend, and executes trades based on predicted price levels when the breakout occurs.
Forex Trend Detector Parameters:
The expert advisor automatically detects if a Forex broker offers four digit quotes or five digit quotes. Here are the most important settings of the EA:
1. General Settings:
– Magic: This parameter allows the Forex trend detector to recognize its own positions without mixing its action with other systems in the same account.
– Baptista Duff Set: Adjusts the EA time with your Forex broker server’s time in order to backtest the robot properly.
2. Max Spread and Max Slippage:
– Max Spread: The maximum spread the Forex robot is allowed to trade. By default, it is set to four digit pips, but partial values may be entered.
– Max Slippage: The maximum slippage the Forex robot is allowed to trade. By default, it is set to four digit pips, but partial values may be entered.
3. Stealth Mode and Recovery Mode:
– Stealth Mode (True/False): If set to true, the EA hides stop loss and take profit orders from your Forex broker.
– Recovery Mode (True/False): If set to true, the recovery mode is designed to compensate drawdowns by increasing trading lots.
– Recovery Multiplier: This parameter is used along with the recovery mode. The standard setting is 1.05, which means the expert advisor will increase the next trade by 1.05 until the losses are fully recovered.
4. Risk Management and Trade Limits:
– Fix Lots: Defines the extent of the fixed volume.
– Autumax: Activates automatic risk management.
– Defines the max allowed risk expressed as a percentage of the account calculated on a basis of 100 pip maximal odds.
– Defines the maximum allowed lots the expert advisor is allowed to trade.
– Defines the maximum allowed trades the expert advisor is allowed to execute.
5. Custom Take Profit and Stop-Loss Values:
– Queues Them to Keppra Fit: Defines the custom take profit value.
– Q Stunts Topless: Defines the custom stop-loss value.
6. Trailing Stop and Closing Conditions:
– Trailing Stop: Defines the trailing stop value.
– Start Roastin: Defines the min profit of the position in pips on which the trailing stop will apply.
– Saph Acts of Men Utes: Enters time in minutes after which the position will be closed.
– Safe Profit: Profit/loss in pips on which the trade will be forced to close.
Forex Trend Detector Review:
Pros:
– Easy installation and user guide PDF.
– Designed to adapt automatically to any market conditions, no need for optimization.
– Uses a high reward/risk ratio and tight stop-loss orders, meaning less risk.
– Incorporates spread and slippage control plus profit protection.
– Can start trading with just $100.
– Offers a two months money-back guarantee.
– Provides customer support 24/7.
Cons:
– The EA is programmed to trade exclusively EUR/USD in M5, limiting its trading options.
– The price of the Forex trend detector is $247, which may be considered a bit expensive.
Conclusion:
The Forex trend detector is an automated software designed to trade only EUR/USD in M5. Despite its limitations in terms of tradable instruments, it offers many interesting features, such as its ability to take advantage of volatile market conditions and cope with risk at the same time. The EA focuses on its long-term performance by trading selectively and using a high reward/risk ratio. The Forex trend detector costs $247, which includes 11 real account licenses, 22 demo account licenses, and lifetime updates. Don’t wait, click the buy now button below and see you on the other side!
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