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 in percent from 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 Parabolic SAR indicator current candle.
A sell trigger is initiated if the current price is below the point of Parabolic SAR indicator on its most recent candle.
Download the “trend_catcher.mq4” MT4 robot
Strategy Tester Report
Find below the Trend Catcher forex robot strategy tester report for the EUR/USD forex pair on the 1-Hour chart.
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.
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
Download the “trend_catcher.ex4” Metatrader 4 robot
MT4 Forex Robot Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: Expert advisor
Input Parameters: Candle_TF, PeriodMA_slow, PeriodMA_fast, PeriodMA_fast2, Step_Sar, Max_Sar, Auto_SL, Auto_TP, minSL, maxSL, SL_koef, TP_koef, SL, TP, Risk, Martin, Koef, Profit_Level, SL_Plus…
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Type: MA | Parabolic SAR
Copy and paste the trend_catcher.mq4 into the MQL4 Experts folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Experts (paste here)