ForexPen – Download Free Forex EA, Indicators and More for Your Trading Needs

CRT Trend EA

The CRT Trend EA functions based on a distinct principle that sets it apart from the numerous trading bots on the market. Its strategy, which depends on the strength of continuing trends and trading volumes, is to profit from corrective trend movements. Let’s examine the unique features of the CRT Trend EA and address some of the functionality claims made for it.

Core Features of the CRT Trend EA

The strength and movements of market trends serve as the foundation for the Corrective Trend EA’s trading decisions. This EA employs a proprietary formula to decide when to enter and exit trades, in contrast to many other EAs that might rely on intricate or dangerous strategies. Here are a few of the salient characteristics as stated:

  • The EA does not use the martingale strategy, which doubles down on losing bets in an attempt to recover losses with a single win. This method is notorious for its high risk profile.
  • Commission and Swap Consideration: It makes sure that trading commissions and swaps don’t unpredictably reduce profits by taking these expenses into account.
  • Non-Scalping: This EA refrains from scalping, a trading technique that aims to make money off of minute fluctuations in price.
  • Spread Size Irrelevance: Its ability to function unaffected by the spread’s size makes it adaptable to a wide range of market circumstances.
  • Economic News Insensitivity: Although it was first stated that one is insensitive to economic news, this issue deserves more attention.

Recommendations

  • $500 minimum for a single currency pair.
  • The EA is specifically designed to operate on EURUSD, AUDNZD, EURGBP, GBPCAD, and AUDCAD. Work with any pair of currencies.
  • H1 is the ideal platform for it to function. (Do any TimeFrame work.)
  • With shorter timeframes, there are more trades, and with longer timeframes, fewer trades.
  • This free forex EA should be run 24/5 on a VPS (Reliable and Trusted FOREX VPS – FXVM).
  • low spread ECN account is also advised (Find the Perfect Broker For You Here).

No Minimum Deposit

ECN Acount

No Commission

Min Deposit of 20$
Allow USA Traders
Levergae up to 1:500

Share:

Facebook
Twitter
Pinterest
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

On Key

Related Posts

Simplified Gann Indicator Download

The fundamental ideas of Gann’s techniques are incorporated into this simplified indicator, which is a great tool for both new and seasoned traders. It is

Trend Focus Forex Trading Strategy

Because there are so many different tactics accessible, forex trading can often be overwhelming. But the infamous erroneous signals that are common to trend trading