Trend Seeker Pro
Description:
Trend Seeker Pro is a sophisticated MT5 trading robot tailored for traders who want to harness the power of market trends. Utilizing advanced algorithms and technical indicators, it identifies high-probability trade setups, executes trades automatically, and manages risk effectively. Whether you’re a novice or an experienced trader, TrendSeeker Pro adapts to various market conditions, optimizing your trading strategy for maximum profit potential.
User Manual:
Installation Guide:
- Open your MT5 platform.
- Go to File > Open Data Folder.
- Navigate to MQL5 > Experts.
- Copy the TrendSeeker Pro.ex5 file into the Experts folder.
- Restart your MT5 platform.
- Locate TrendSeeker Pro in the Navigator panel under Expert Advisors.
- Drag and drop it onto the desired chart.
Parameters:
- InpSL (Stop Loss in points): Maximum loss allowed per trade.
- InpTP (Take Profit in points): Target profit for each trade.
- InpMagicNumber: Unique identifier for trades made by the EA.
- InpLot: Number of lots to trade.
- InpSlippage: Maximum slippage in points.
- InpDuration: Time in bars to hold the position before expiration.
Settings:
| Parameter | Description | Default Value |
| InpSL | Stop Loss in points | 50 |
| InpTP | Take Profit in points | 100 |
| InpMagicNumber | Unique Magic Number for the trades | 789012 |
| InpLot | Lot size for trading | 0.1 |
| InpSlippage | Maximum slippage allowed | 3 |
| InpDuration | Duration in bars to hold the position | 10 |
| InpAverBodyPeriod | Average body period for determining trends | 14 |
| InpStochK | K period for Stochastic Oscillator | 14 |
| InpStochD | D period for Stochastic Oscillator | 3 |
| InpStochSlow | Slowing for Stochastic Oscillator | 3 |
| InpStochMA | MA method for Stochastic Oscillator | MODE_SMA |
| InpStochApplied | Applied price for Stochastic Oscillator | PRICE_CLOSE |
FAQ:
Q1: What is TrendSeeker Pro?
A1: TrendSeeker Pro is an automated trading robot designed for the MT5 platform that focuses on executing trades based on market trends.
Q2: How do I install TrendSeeker Pro?
A2: Follow the installation guide provided in the user manual, which includes copying the robot file to the MT5 Experts folder.
Q3: Can I customize the risk settings?
A3: Yes, you can adjust parameters such as Stop Loss, Take Profit, and lot size to fit your trading strategy.
Q4: What are the default Stop Loss and Take Profit settings?
A4: The default Stop Loss is set to 50 points, and the Take Profit is set to 100 points.
Q5: How does TrendSeeker Pro handle slippage?
A5: You can specify the maximum allowable slippage in points to help manage execution risks.
Q6: Is TrendSeeker Pro suitable for all currency pairs?
A6: Yes, it is designed to work with any major currency pair, although performance may vary based on market conditions.