Master Trends with Forex Trend Detector EA MT4 +SetFiles Build 1420

Overview Forex Trend Detector EA MT4

Forex Trend Detector EA is a professionally designed tool that is regularly updated to be compatible with the mt4 platform. It is an easy-to-use tool as the expert advisor works on the EURUSD & GBPUSD pairs on the M5 frame.

• Vendor website: Access now

Notable Features

• The Forex Trend Detector Expert works with entry signals on the M5 to enhance profits, as it also works to amplify the profit potential to reduce the risk ratio and increase the profit ratio.
• Strict capital management protects the account capital by using stop loss and take profit.
• The expert works 100% automatically and does not require manual intervention.
• The expert was widely chosen as it has been tested for more than 10 years and has shown great performance and exceptional results. Suitable for all beginners and professional traders as well.

Who Should Use Forex Trend Detector EA MT4?

Forex Trend Detector EA is suitable for all professional and beginner traders as it improves their trading performance in the Forex market. Whether you are looking for an easy way to make profits in the Forex market or a trading method different from manual trading, the Expert can help you with that.

Advantages

One of the features of the Forex Trend Detector expert is that it follows the trend with high accuracy, as it relies on strategies to track the trend movement on different time frames to achieve profitable and accurate deals.

Disadvantage

• One of the disadvantages of the expert is the total dependence on the market as the expert depends greatly on the conditions and movements of the market, and in cases of unexpected fluctuations, the results may be completely unexpected. Also, the expert has been programmed in advance on certain conditions, so if these conditions are met, it will enter into trades, completely ignoring important economic news and events.

Performance of Forex Trend Detector EA

Result MyfxBook

Backtest Result

Optimal Configuration

What do you get After Downloading?

• Experts: ForexTrendDetector EA V5.1.ex4
• Presets:
  • EURUSD.set
  • GBPUSD.set

How to install Forex Trend Detector EA MT4

1 – Download the Expert

Download the Expert file from the email sent to you

How to Extract a File from Winrar

First, if you don’t have Winrar here is the download link, download and install

https://www.win-rar.com/download.html?&L=0

Right-click on the WinRAR file and select ‘Extract Here’ to extract the files in the current location. Alternatively, choose ‘Extract to’ if you want to extract the files into a specific folder.

2 – Add the Expert to the platform

• Open the trading platform and choose File –> Open data folder
• Then go to the MQL4 folder –> Experts

(if the expert works on MT5 then you will choose MQL5 instead)

• Put the Expert file in this folder
• restart the platform

3 – Run the Expert

• Choose the appropriate pair for the Expert and then drag the Expert from the navigator window and place it on the chart (or simply Double click on it)
• Make sure that auto trading is activated in the platform and the Expert as well

Conclusion

Forex Trend Detector EA is a powerful tool that determines the trend, as it helps traders improve their analysis and see the trend better. The expert provides a solution to track the trend on different time frames to provide a better view of the market direction.