TREND EXTREME DASHBOARD Expert Advisor for MetaTrader4
Multi Currency Trend Trading at its Best
Trade the best of 25 Currencies with one single EA, utilising our Trend/Wave/Extreme algorithm.
Have you enjoyed our Live Signals based on the Trend/Wave/Extreme Indicator.
Now here comes the trading robot based on this system and therefore your chance to trade them live, without being on your PC.
Which instrument can it be used?
The Trend Extreme Expert Advisor can be used on generally any instrument (Forex,Metals,CFDs) as it is trending strategy and generally speaking all instruments will form trends on time or another.In fact it recommended to use it on several instruments at once.
Which timeframe can it be used?
As this is a trending strategy it is recommended to be used on higher timeframes. H1-H4-Daily. This is to allow for enough time for a reliable trend to be formed. It can be used as a semi-scapler by measuring the Trend on a bigger timeframe and the Extreme Pullback on a much lower timeframe.
What Does The Trend Extreme Dashboard Expert Advisor Do
- 100% automated trading robot
- Select the best possible trades out of 25 symbols
- Ensures trades are entered at the best possible times
- Performs buy trades at lower price and sell trades at higher price
- Risk management option to control when trades to be opened
- Perfect for use with the Loss Recovery Trading Robot
How Does The Trend Extreme Dashboard Work
The Trend Extreme dashboard is applied on a single chart and appears as shown in the screenshot bellow.
For each of the currencies selected it will display their Trend Extreme measurements (Trend Score,Extreme Score, Pips Move,absolute number of pips the symbol has moved in a single direction)as well as info about the active trades in these symbols. Symbols are sorted starting from the biggest Pip Move as it implies bigger volatility and profit probability. On the right side the EA displays information about the account with the restrictions (after the slash) set by the user for each of these parameters.Whenever trade opportunities exist and provided the trader’s restrictions are met trades will be opened starting from the first Symbol appearing in the order.
How Does The Trend Extreme Algorithm Work
Trend Pullback Trades
The Trend Extreme will enter Buy trades at points where there is a strong Trend Up and the market has moved substantially lower and Sell trades at points where there is a strong Trend Down and the market has moved substantially higher.
Counter Trend Trades
The Trend Extreme will enter Buy trades at points where the symbol is Oversold and Sell trades at points where the symbol is Overbought attempting to capture the correction of the trend.
The Trend Extreme EA will calculate a score from -100% to 100% for both of the Trend and Extreme Pullback to measure their direction and how strong they are. The EA will wait for cases where Pullback (Extreme) is high and enter trades counter to the Pullback Extreme. For Trend Trades the Trend and Pullback need to be in opposite direction.The greater the absolute percentage values the more reliable the trade opportunity is.
High Flexibility EA
User can set sensitivity regarding the conditions for trades to be initiated.
Can work on any symbol and timeframe
Can be used as both a long term trend trading EA or as (Trend) Scalper depending on TimeFrame.
Combining with Loss Recovery Trader
The Trend Extreme Dashboard EA is the ideal for using together with our Loss Recovery Trader EA . It is very simple and straightforward to use these two together.
Several instruments investigated allowing to open trades only on the most profitable, instead of restricting in one or two single symbols.
Trades open at times where there exist a lot of volatility so symbols exit recovery (if the trade enters recovery mode) much faster.
The restrictions can allow the user to manage risk and avoid overexposure.
Several smaller profit trades, from all the different symbols, can add up to the profit, while keeping the drawdown lower.