About the Trend Finder Expert Advisor
The Trend Finder Metatrader 4 Forex Robot is an automated trading system that triggers buy/sell market alerts when there is a breakout from historical minimum/maximum psychological price levels.
The Trend Finder MT4 robot also utilizes a slow and fast moving average to define the direction of trade triggers.
There are critical system functions that are found on the Trend Finder EA, such as the “Enable no loss,” which balances the opening of positions to ensure profitability.
On the face of it, the Trend Finder forex robot also has Trailing Stop Loss and Take Profit system functions that ensure profits.
Fiddling with the Trend Finder robot’s input values yields a more tailored expert advisor.
Free Download
Download the “TREND FINDER.mq4” MT4 robot
Key Features
Trend Detection
Utilizes advanced algorithms to identify prevailing market trends, ensuring trades are aligned with the overall market direction.
Automated Trade Execution
Automatically places buy or sell orders based on detected trends, eliminating the need for manual intervention.
Customizable Settings
Allows users to adjust parameters such as lot size, stop loss, take profit, and trading hours to suit individual trading preferences.
Risk Management
Incorporates features like adjustable stop loss and take profit levels to manage risk and protect capital.
Multi-Timeframe Support
Compatible with various timeframes, enabling traders to apply the EA across different trading strategies.
Strategy Tester Report
Find below the Trend Finder forex robot strategy tester report for the GBP/USD forex pair on the daily chart.
Key Performance
Historical backtests and live demo tests of the Trend Finder EA demonstrate that it can consistently identify trending opportunities.
In trending market conditions, the EA achieved a success rate of approximately 65–70%.
Results may vary depending on broker conditions, spreads, and account settings, so testing on a demo account is recommended before live deployment.
The EA made a total profit of $6335.10 from a total of 150 trades.
The largest winning trade generated $389.06 in profits, while the largest losing trade generated a loss of $314.35.
Statistics:
Bars in test: 2411 ticks modelled
Initial deposit: $10000.00
Total net profit: $6335.10
Total trades: 150
Largest profit trade: $389.06
Largest loss trade: -$314.35
Consecutive wins: 3
Consecutive losses: 1
How the EA Works
- Scans the market to identify prevailing trends.
- Confirms the trend’s strength and direction.
- Places a buy or sell order when a strong trend is detected.
- Sets stop loss and take profit levels according to predefined settings.
- Monitors open positions and adjusts stop loss to break-even or trailing stop as the trade progresses.
- Closes trades when the take profit is reached or if the market moves against the position.
Download Now
Download the “TREND FINDER.ex4” Metatrader 4 robot
Parameters & Settings
- LotSize – defines the size of each trade
- StopLoss – sets the stop loss level in pips
- TakeProfit – sets the take profit level in pips
- Slippage – maximum allowed slippage
- TradingHours – defines the hours during which the EA is active
- MagicNumber – unique identifier for the EA’s trades
- UseTrailingStop – enables or disables the trailing stop feature
Recommended Trading Setup
- Currency Pairs: EURUSD, GBPUSD, USDJPY—liquid pairs with clear trend formations
- Timeframes: H1, H4, D1 for optimal trend detection
- Broker: ECN or low-latency brokers to reduce slippage
- Risk Settings: Start with 1%–2% per trade on live accounts
- Environment: Use VPS hosting for continuous, stable execution
FAQ
Q: Can the Trend Finder EA work on all currency pairs?
A: Yes, it can be used on most major and minor pairs, but it performs best on liquid pairs like EURUSD, GBPUSD, and USDJPY.
Q: Do I need to adjust settings for different brokers?
A: Minor adjustments may be needed based on spreads and execution speed. Always test on a demo account to fine-tune settings.
Q: How does it handle sideways or choppy markets?
A: The EA includes trend filters to avoid trading during non-trending conditions, reducing false signals.
Q: Is VPS hosting recommended?
A: While not mandatory, running the EA on a VPS ensures continuous operation and reduces the risk of missed trades due to disconnections.
Q: Can I use it alongside other EAs?
A: Yes, but ensure each EA has a unique Magic Number to prevent interference with trade management.
Summary
The Trend Finder Metatrader 4 Forex Robot is designed to help traders capture profitable moves by identifying and trading with market trends.
By combining automated execution with customizable risk management and flexible settings, it provides a reliable tool for both beginners and experienced traders.
The EA adapts to different market conditions and works across multiple timeframes and currency pairs.
