Meet the Creators: bobby is the brain behind this concept, while the MQ5 code was expertly crafted by barabashkakvn.
The Trend RDS Expert Advisor (EA) is designed to identify market trends by analyzing the last three candlesticks. This tool can be a game-changer for your trading strategy.
One of the neat features of this EA is that you can customize the time period for analysis. It looks back at the previous three bars leading up to your specified time to determine if the market is trending upwards or downwards. Depending on this analysis, the EA will either place a trade in the direction of the trend or counter-trend (reversed mode). This makes it particularly useful for trading around news events.
Here are the testing results for EURUSD on the M30 timeframe using the "Every tick based on real ticks" mode:
Comments 0