Forex Trend Detector (Free Download)
Discover the power of Forex Trend Detector and its unique combination of strategies for safe and profitable trading.
Introducing Forex Trend Detector: A Revolutionary Trading Tool
Forex Trend Detector is a top-of-the-line automatic trading tool that follows the most successful strategies in the market. Developed with simplicity and efficiency in mind, this tool aims to mirror the tactics used by professional fund managers, often referred to as “The Smart Money.” It employs a unique combination of a volatility breakout strategy and a conservative drawdown algorithm to ensure safe and profitable trading.
Key Features of Forex Trend Detector
- Mimics the strategies of professional fund managers
- Provides extremely precise market entries
- Offers a very high reward-to-risk ratio
- Uses tight stop loss levels
- Operates independently of slippage and spread
- Compatible with any MT4 broker
- Employs a highly efficient money management system
- Features the latest generation drawdown compensating algorithm
- Includes a visual risk indication system
- Offers high spread and high slippage protection systems
- Boasts a state-of-the-art profit protection system
- Supports dynamic trading logic
- Requires no optimization
- Delivers high average profit per trade in pips
- Ensures 100% guaranteed long-term profits
- Includes an advanced Time Management system
Understanding Forex Trend Detector’s Strategy
Forex Trend Detector relies on a proven trading strategy that has stood the test of time. Rather than experimenting with risky techniques, this tool focuses on the strategies employed by the most successful players in the financial world. The core of its strategy is the volatility breakout method, a favorite among top fund managers and institutional traders due to its logical and systematic approach to following market trends.
This strategy is not only about adopting what works but also about ensuring safety through its sophisticated drawdown compensating algorithm. This algorithm works actively to minimize any potential rapid drawdowns, helping traders exit their positions with minimal losses.
Safe and Effective Trading Mechanics
Instructions and Recommendations
- Recommended timeframe: M5
- Backtesting methods: Use M5 for every tick for thorough testing, or M1 for a faster overview
- Supported currency pairs: Primarily EURUSD and GBPUSD
The default settings for Forex Trend Detector are optimized for the EURUSD currency pair. Additionally, settings for the GBPUSD pair are available and can be accessed through a specific blog post provided for users.
Forex Trend Detector Settings Overview
- LongTrades: Toggle to enable or disable long trades
- ShortTrades: Toggle to enable or disable short trades
- Magic: A unique identifier for managing trades specific to Forex Trend Detector
- EA_Comment: Option to add custom comments to your trades
- MaxSpread: Maximum allowable spread in 4-digit pips; partial values can be entered
- MaxSlippage: Maximum allowable slippage in 4-digit pips; partial values can be entered
- StealthMode: Hides StopLoss and TakeProfit levels from brokers
- TakeProfit: Set a fixed Take Profit in 4-digit pips
- StopLoss: Set a fixed Stop Loss in 4-digit pips
- TrailingStop: Set a fixed Trailing Stop value
- StartTrailStop: Define the minimum profit in pips for activating Trailing Stop
- SafeExitMinutes: Time in minutes to close the position based on the SafeProfit parameter
- SafeProfit: Set profit or loss in pips on which to base SafeExit
Forex Trend Detector not only promises effective trading results but also ensures safety and durability in your trading practices. It is built to maximize profits while protecting your investment, giving you a competitive edge in the forex market. Whether you’re a beginner or an experienced trader, Forex Trend Detector provides all the necessary tools to succeed in the dynamic world of forex trading.
