TrendCapture - MetaTrader 5 Expert | Forex Indicators Download - MT4/MT5 Resources
This Expert Advisor was rewritten in MQL4 and was originally published here https://www.mql5.com/en/code/8146 by its author Leshetov .
The direction of the entry is determined by the SAR indicator, provided the average ADX is below a specified level. If the last trade was profitable, you can open a position in the direction of the last profitable trade. If the last trade was a loss, a position can only be opened in the opposite direction to the last trade.
The graph shows the performance of the Expert Advisor in the visual mode of the strategy tester.
Attachment download
📎 trendcapture.mq5 (9.72 KB)
Source: MQL5 #1075
TrendCapture - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
TrendCapture - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 resources are resources related to Forex indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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