Trend Trading EA

[Anonymous]

Does anyone know how to create Trend Trading EA on EA Studio? Your suggestions and recommendations are welcome. Thanks,

Samuel

[Anonymous]

Hello Samuel,

I get confused about what is your name. Sometimes you say Samuel, sometimes Smaul :)

All the EAs that are based on trend indicators are trend-following EAs.

You can find the trend indicators if you go to MetaTrader – Insert – Indicators – Trend. You have 7 indicators there which are known as trend indicators.

If you want to build an EA using any of these indicators just add it as a preset indicator. The Generator will find strategies for you using this indicator.

Now, the trend trading EA depends a lot on the rule of the indicator.

For example, if you use Moving Average, you have a few options:

If you use Moving Average rises for entry condition to buy, then yes, you have a trend trading EA.

But if you use the Moving Average changes its direction downwards then you will have in EA that opens a buy trend against the trend.

So when you runt he generator with preset indicators, just have a look at the entry rules and pick up the ones that are following the trend.

Of course, you can combine a few indicators which would be the better thing to do.

 

[Anonymous]

Petko,

My correct name is Samuel. It was a typo.

Thanks for your reply, and I will use the information.

Smauel

[Anonymous]

Cheers, Samuel. Another typo :)

Let me know if you have other questions.

[Author]

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