AscTrend Expert Advisor – EA MetaTrader 5

I have developed this Expert Advisor as an automation example of a manuel trading system. You can find all details in the topic “Signal Systems”.

AscTrend, NRTR Color Line and TrendStrengthv2 indicators are needed for this Expert Advisor to work.

Features:

• Only for current symbol and timeframe.
  
• Stoploss based on ASCTrend signal.
• No takeprofit, exit based on trailing stop.
  
• Money management not implemented (only fixed volume).
• Very basic error management.

Known limitations:

• Don’t work with ECN Broker (Market execution type).
  
• Not intended to operate in conjunction with other Expert Advisors or manual trading.

How to install:

• Download Expert Advisor and 3 indicators.
  
• Place indicators (Asctrend, NRTR Color Line and TrendStrength indicator) to indicators’ folder (\MetaTrader 5\MQL5\Indicators).
• Place Expert Advisor to experts folder (\MetaTrader 5\MQL5\Experts).
• Compile indicators and Expert Advisor in MetaEditor, or restart Metatrader.