Setup using a single indicator - TREND and buy / sell stop with MG

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wilson rodrigues
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Image 861

This setup uses the approximate idea of ​​minimums and maximums, places a stop order, in the maximum or minimum of the last two candles in favor of the trend indicator in the graphic time H1. It will open a new order in time fram 5M.
The setup was adjusted for FBS and IC_Markets the results were very much like.

Image 859

eurusd-5052-tend-nohedge.set

MT version:
Set for MT5 only
EA version:
2.25
Symbol:
EURUSD
TimeFrame:
5 min
Replies 5
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Sai Pratap
Quote from wilson rodrigues

which exchange did you make a backtest?

Iam with Octa FX, 1:500

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wilson rodrigues
Quote from Ocxy Codine

Very simple idea to just pick as many small gains as possible in the trend direction with a trail stop. The problem here from my observation is detecting trend reversal and exit trades to cut down losses. Thanks for the post because it is a good strategy but i will need to review the exit plan on trend reversal else this setup will accumulate losses.

HI,
Do you have some idea to do that?

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wilson rodrigues
Quote from Sai Pratap

I got the results badly!

It blows off even with 10000$

which exchange did you make a backtest?

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Sai Pratap

I got the results badly!

It blows off even with 10000$

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0
Ocxy Codine

Very simple idea to just pick as many small gains as possible in the trend direction with a trail stop. The problem here from my observation is detecting trend reversal and exit trades to cut down losses. Thanks for the post because it is a good strategy but i will need to review the exit plan on trend reversal else this setup will accumulate losses.