TrendFinder | Foreign Exchange EA Download - MT4/MT5 Resources - MetaTrader 5 Resources

GRAIL is not the best trading system, strategy or robot.
The Holy Grail is the crystal ball .
Any strategy will make you money if you know which tools are the most popular right from the start.

I've already posted a topic on this: Finding Trends | Forex Factory but I think I've found a better way.

Bollinger Bands (BB) are very good at showing range and trend. The range is trending to show widening, and the best-case scenario is when price continues to move above the range.

I love shopping around and trading on the most popular tools at the time. So I made this EA that colors the chart background blue if BB is trending up and red if BB is trending down.

I have made a profile that contains all the instruments I trade. Indicators color tools that may be of interest to me. I set their time range to H4. There you have it. H4 now displays interesting instruments from this morning (or the next day). Open them one by one and do a top-down analysis - whatever you like. In the attachment you can see that instead of checking all 30 instruments I can now focus on 12 of them. I usually select 6 of them after top-down analysis and let the robot trade - on another profile . You don't want to break the setup you've made. This way I can find the instruments I want to trade that day every morning.

Another use for this feature could be to have the screen always display a shorter time frame to warn you every time a new trend might emerge.

You don't necessarily need to have 30 instruments. For example, if you are trading the Asian market or only trading indices, only these instruments will appear on the screen.

If you have other ideas, please leave a message. Please leave a comment if you like this idea and download my tool.