MT5 Bykov Trend EA

$80.00

The Twin Range Filter EA v2 – an upgraded version of the original Twin Range Filter EA, designed to filter out market noise and focus on significant price movements using a dual-range strategy. This version offers enhanced features and more refined control over trade entry and exit conditions, providing traders with improved accuracy and flexibility.

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Bykov Trend EA

The Bykov Trend EA is an automated trading system designed for MetaTrader 5 (MT5), which leverages custom indicators, particularly the BykovTrendAlert indicator, to identify and follow strong trends. It is built with customizable risk parameters and includes advanced trade management features, making it highly adaptable for traders focusing on trend-following strategies.

How the EA Works:

  1. Custom Indicator Integration: The EA utilizes the BykovTrendAlert custom indicator, which signals market trends based on price action. The EA reads buffer data from the custom indicator to trigger buy or sell signals and execute trades accordingly.
  2. Flexible Risk Settings: The EA allows traders to configure risk levels through adjustable input parameters. Risk levels can be fine-tuned based on personal risk tolerance or market conditions.
  3. Trade Management and Lot Calculation: The EA includes an integrated lot calculator that supports multiple modes for lot size calculation. Traders can choose between fixed lots, account percentage-based lots, or a money-based lot size calculation method.
  4. Advanced Trade Control: The EA features options for closing all trades based on specific conditions, such as reaching a profit/loss target in pips, percentage of the account, or a monetary value. This ensures effective management of open positions.
  5. Spread Filter: To avoid trading in high-spread conditions, the EA includes a spread filter, ensuring that trades are only executed when market conditions are favorable.

Why this EA is a Good Option:

The Bykov Trend EA is an excellent choice for traders looking to follow strong market trends using a reliable custom indicator. Its advanced trade management, flexible lot sizing, and risk control make it suitable for both beginner and experienced traders. The inclusion of a spread filter ensures that trades are only executed under optimal market conditions, maximizing profit potential while minimizing risk.

 

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