The primary component, Trend Catcher, monitors up to three distinct timeframes simultaneously to identify bullish or bearish market conditions. It executes trades based on cloud positions for both entry and exit signals across user-defined periods. Risk management features include a maximum trade count and a gap filter that prevents entries when price deviates significantly from the cloud. The repository also includes tools for trailing stops and multi-frame price surfing.
Read from TrendCatcher.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
ENTRY_TIMEFRAME_1
ENUM_TIMEFRAMES
PERIOD_M15
Entry TimeFrame 1
ENTRY_TIMEFRAME_2
ENUM_TIMEFRAMES
PERIOD_M30
Entry TimeFrame 2
ENTRY_TIMEFRAME_3
ENUM_TIMEFRAMES
PERIOD_H1
Entry TimeFrame 3
TP_TIMEFRAME_1
ENUM_TIMEFRAMES
PERIOD_M15
Take Profit TimeFrame 1
TP_TIMEFRAME_2
ENUM_TIMEFRAMES
PERIOD_M30
Take Profit TimeFrame 2
TP_TIMEFRAME_3
ENUM_TIMEFRAMES
PERIOD_H1
Take Profit TimeFrame 3
POINT_GAP
int
100
Range between cloud and price
TIMER
int
1800
Checker Interval (Second)
MAX_TRADE
int
3
Total Number of Trade
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone phamngocvinh/galaxy-trader from GitHub, and unzip it.
2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
3Copy the filesCopy the .mq5 file into Experts.
4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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