About the Trend Catcher Expert Advisor
The Trend Catcher Metatrader 4 Forex Robot is an algorithmic trading software that uses three Moving Averages (200-period, 50-period, and 25-period) and the Parabolic SAR indicator as its
default input variables for opening and exiting market orders in autopilot mode.
The EA has a martingale system added to it, while the lot size is calculated as a percentage of a deposit based on the stop loss.
The set of logic that is used to trigger a buy signal entails the current price rising above the point of the Parabolic SAR indicator’s current candle.
A sell trigger is initiated if the current price is below the point of the Parabolic SAR indicator on its most recent candle.
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Download the “trend_catcher.mq4” MT4 robot
Key Features
Automated Trend Detection
The EA automatically detects market trends using advanced algorithms, eliminating the need for manual analysis.
Real-Time Trade Execution
Once a trend is identified, the EA executes trades in real-time, ensuring timely entry and exit points.
Risk Management Tools
The EA incorporates features like stop-loss and take-profit levels to manage risk effectively.
Customizable Settings
Traders can adjust various parameters to align the EA’s performance with their individual trading strategies and risk tolerance.
Strategy Tester Report
Find below the Trend Catcher forex robot strategy tester report for the EUR/USD forex pair on the 1-Hour chart.
Overall Performance
The EA made a total profit of $1442.74 from a total of 74 trades.
The largest winning trade generated $262.26 in profits, while the largest losing trade generated a loss of $244.40.
Statistics:
Bars in test: 10208 ticks modelled
Initial deposit: $1000.00
Total net profit: $1442.74
Total trades: 74
Largest profit trade: $262.26
Largest loss trade: -$244.40
Consecutive wins: 2
Consecutive losses: 2
How the EA Works
- Monitors market conditions to identify prevailing trends.
- Analyzes 3moving averages, price action, and other indicators to determine optimal entry points.
- Executes trades automatically when conditions are met.
- Manages open trades by adjusting stop-loss and take-profit levels.
- Provides real-time feedback and alerts to the user.
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Download the “trend_catcher.ex4” Metatrader 4 robot
Parameters & Settings
- TrendPeriod — period for the trend detection algorithm.
- StopLoss — distance in pips for stop-loss.
- TakeProfit — distance in pips for take-profit.
- RiskPercent — percentage of equity to risk per trade.
- TradeTime — specific times to allow trading.
- TradePairs — list of currency pairs to trade.
Recommended Trading Setup
- Pairs: EURUSD, GBPUSD, USDJPY — for consistent volatility and trend structure.
- Timeframe: H1 or H4 — to balance between noise reduction and trade frequency.
- Account Type: ECN or low-spread broker for reliable execution.
- Risk: Use 1% per trade; adjust based on account size and risk tolerance.
- Backtesting: Run multi-year tests to evaluate performance across different market conditions.
FAQ
What trading strategy does the Trend Catcher EA use?
The EA uses advanced trend-following algorithms to identify market trends and execute trades automatically, aiming to capture profitable moves in trending markets.
Can I use the EA on different timeframes?
Yes — the Trend Catcher EA works on multiple timeframes. H1 and H4 are recommended for optimal balance between trade frequency and reliability.
Does the EA work on all currency pairs?
The EA can be configured to trade most major currency pairs. It performs best on pairs with consistent trends and moderate volatility.
How does the EA handle market reversals?
The EA continuously monitors price action and technical indicators. It uses stop-loss, take-profit, and trend confirmation rules to minimize losses during sudden market reversals.
Is the EA compatible with demo and live accounts?
Yes — the Trend Catcher EA can be tested on a demo account for practice and then used on a live account with proper risk settings.
Summary
The Trend Catcher Expert Advisor for MetaTrader 4 is a powerful automated trading tool designed to identify and follow market trends with precision.
By combining real-time trend detection, automated trade execution, and advanced risk management, it helps traders take advantage of profitable opportunities while reducing emotional decision-making.
Fully customizable and easy to use, this EA is suitable for both beginners and experienced traders.
Download the free Trend Catcher EA today and start capturing trends efficiently in any market condition.
