- June 25, 2022
- Posted by: Forex Wiki Team
- Category: Free Forex EA
Forex Trend Following Strategy Review
This Forex Trend Following Strategy was created several years ago, the source code is used with confidence.
Although I haven't studied Martin, hedging, and the grid for several years now, the direction of research in this area is not wrong, that is, take a stop loss
. Advertising a strategy without a stop loss does not help either.
In recent years, the focus has been on trending strategies, breakout strategies, and arbitrage strategies!
Friends who love to do research can share their experiences. Every day I see countless people looking to chase profitable machines.
I am so excited. The development of this strategy continues. The result's a birth of a great forex robot, see below...
Recommendation
Currency pairs: EURUSD
Timeframe: --
Trading time: round the clock, with rollover bypass
Best Brokers List
The Forex Bot works with any broker and any type of account, but we recommend our clients to use one of the top forex brokers listed below:
Forex Trend EA Settings
For more info, the forex trend following strategy uses the Heiken Ashi V Indicator:
Also Colled "Japanese average bar," spelt Heiken-Ashi. When trading securities, the Heikin-Ashi approach can be used in conjunction with candlestick charts to identify market patterns and forecast future prices. It helps make candlestick charts easier to read and trends simpler to analyze. Heikin-Ashi charts, for instance, may be used by traders to determine when to continue in transactions while a trend is present and exit when the trend pauses or reverses. The majority of earnings are made while markets are trending, thus accurately identifying trends is essential.
Forex Trend EA Backtest
Forex Trend Following Strategy Free Download
We highly recommend trying the Forex Trend Following Strategy for at least a week with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.
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