Awesome Alligator trend entry with SAR trailing stop (Awesome, Alligator, SAR) MT4 Expert advisor ™ TFK ALGO

00183
€19.90
In stock
1
Product Details
✔ Instant and secured electronic delivery. Simple drag and drop installation: .
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✔ Backtest and optimize for any FX instrument. All inputs unlocked. Discover new, more profitable settings for any timeframe and currency.: .
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✔ Automated trading on any currency pair. Trade multiple pairs simultaneously. Remove mistakes and emotions. Stop wasting your time in front of the chart. Improve your trading results: .
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✔ Works with any MT4 broker. FREE updates and support.: .
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✔ 30 day money back guarantee.One time payment secured by PayPal. Lifetime license: .

Awesome Alligator trend entry with SAR trailing stop MT4 Expert advisor

Conservative expert advisor that has achieved great results in our historical data test (1H, EURUSD). System can trade multiple FOREX pairs and time frames simultaneously on the same account.This enables to achieve results of aggressive systems using very conservative and precise trading style. Trend is accurately defined using alligator filter together with parabolic SAR confirmation. Signal itself is confirmed by multiple factors before the entry. Those include signal candle range, volumes, awesome histogram and surpassing of previous high/low in the direction of trend. Trade liquidation is managed by intelligent trailing stop, calculated according to parabolic SAR indicator. Combining all of those features creates reliable, robust and conservative system that can be applied on any FX instrument.

How does it work

Long term, to medium term trend is identified by Alligator indicator (all three lines must be in position). Trend momentum is confirmed by both Awesome indicator and parabolic SAR indicator. Entry signal consists of strong bullish/bearish candle surpassing the previous candle high/low on a growing volume (again confirmed by both Awesome and SAR). Position will be entered on new candle open. Advanced trailing stop is placed according to last closed SAR dot (with adjustable extra deviation for TS ). TS will be recalculated on each subsequent SAR dot close. Position is closed either by TS or ar take profit.

Inputs

  • Alligator: Alligator lines must be aligned according to downtrend/uptrend. Period of the default alligator input (13,8,5) is multiplied by Default alligator multiplier). This input will multiply each default calculation period of the indicator.
  • Awesome oscillator signal: Awesome histogram bar closing higher than previous histogram bar – enter long. Awesome histogram closing bar closing lower than previous histogram bar – enter short.
  • Closing awesome module: NOT present in this version. SAR trail will be the only method of position exit.
  • SAR signal and filter: Price closing below SAR dot – sell. Price losing above the SAR – buy.
  • Universal trailing stop (Extra deviation for the trail stop). Based on last closed SAR dot above close for short trade and below close for long trades. Extra deviation can be applied to put TS further away from the entry. TS will be adjusted with each consecutive SAR dot close, only in the direction of winning trade.
  • Signal candle: Candle with defined body range (min/max) closing in the direction of trend (defined by filter). Candle must surpass previous low/high in the direction of trend.
  • Volumes: Volumes on signal candle must be greater than on previous candle.
  • MAX number of trades (1 in test): Expert advisor can work with more than one trade opened per side. This parameter will modify number of trades that can be opened per side at the same time.
  • Take profit points: Take profit in points. Can be used for scalping, not applied in test.
  • MAX slippage: Modify maximum acceptable slippage for expert advisor to enter the trade.
  • Spread filter: Define maximum acceptable spread for expert advisor to enter the trade.
  • Lot size: Define the lot size for each trade executed by the expert advisor.

RULES of the expert advisor

SELL:

  1. All alligator lines aligned according to downtrend (from slowest at the top to fastest at the bottom).
  2. Signal: Bearish candle with defined body range, closing below the last closed SAR dot. Awesome bar closing lower than previous histogram bar.
  3. Volumes on signal candle are larger than on previous closed candle.
  4. We enter the trade on new candle open.
  5. Trailing stop is placed on last closed SAR dot + extra deviation for TS above.
  6. Position is closed with trailing stop or on target profit.

BUY:

  1. All alligator lines aligned according to uptrend (from slowest at the bottom to fastest at the top).
  2. Signal: Bullish candle with defined body range, closing above the last closed SAR dot. Awesome bar closing higher than previous histogram bar.
  3. Volumes on signal candle are larger than on previous closed candle.
  4. We enter the trade on new candle open.
  5. Trailing stop is placed on last closed SAR dot - extra deviation for TS below.
  6. Position is closed with trailing stop or on target profit.

Test Results (Tick EURUSD 1H, 2003.01.01 - 2016.11.24)

Expert advisor is based on transparent and fully tested forex strategy.

Original and transparent MT4 expert advisor. Developed and created by professional FOREX traders at www.theforexkings.com . Tested for profitability on EURUSD tick data since 2003. Thousands of viable input combinations available for EURUSD alone. Works with any timeframe and any FX pair.

Main features of this expert advisor:

  • Tested on high quality tick data: High accuracy testing on EURUSD tick data (1H). 100+ Viable inputs combinations for EURUSD pair alone.
  • All inputs unlocked: You can adjust and modify your expert inputs. It can be then applied on any time frame and any currency pair. You can modify the settings at will to achieve the best possible results and make the expert suit your needs.
  • Transparent expert advisor: No smoke and mirrors. Rules are clearly stated and functionality can be easily verified by manual charting on forward or historical data.
  • Works with most of the MT4 Forex brokers: Our expert advisors were adjusted to work with almost any MT4 FOREX broker.
  • Works with any time frame: Simply drag and drop the expert on time frames you would like to use.
  • Works on any currency pair
  • Expert advisor will not draw any indicators in your chart.

Disclaimer and user agreement:

Expert advisor was tested for profitability on historical data. All screen shots provided are displaying real results of the test. However past data will never guarantee future success. Every expert advisor needs to be tested properly on demo account. LIVE use only on your own risk. Read full disclaimer. TheForexKings Team does not give any financial advice. TheForexKings does not take any responsibility for any user’s investments and investment decisions. All rights reserved. Strictly for personal use.

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MT4 Expert advisor will work according to the description.You Backtest will match results of our backtest (using same test and inputs ). Expert advisor will work with your broker.

expert advisor 30-day-money-back-guarant

30 day money back guarantee.If expert doesnt closely match our test results, run the same test (timeframe, inputs, type).Send us the report. Allow few days to analyze and refund.

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One time payment secured by PayPal. Lifetime license. FREE updates and support. You will recieve link for EX4 file immediately after the purchase. Download link will be also send to your email.

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Easy, drag and drop installation.

 You will recieve EX4 file is ready to use. Copy the file into your MT4 Expert advisors folder and restart the platform.

ABOUT US

THEFOREXKINGS

“Trading FOREX since 2006. Full time trader and web developer since 2013. My two biggest hobbies are trading and web development. In TheForexKings I managed to connect both of them. Even after 12 years of trading I still have the same passion for the market as at the beginning. The aspect I enjoy the most : development and testing of new ideas.” 

 

Only in 2016 - 2017 we have created more than 400 forex strategies. During this period we have also developed and published +200 MT4 Expert advisors based on those strategies. We are dedicated to provide you with viable and complete trading systems that have thrived in extensive historical testing. We want to give you complete and transparent trading solutions, that once mastered ,will set you financially free. We want to give you a fighting and winning chance in the market. ” 

—  Marian, Proprietor of TheForexkings.com

DEVELOPED BY PROFESSIONALS

We are experienced Forex traders and developers, trading consistently since 2006. We have developed hundreds expert advisors both for ourselves and our clients.  We know what works and what doesn't in the FOREX . 

TRANSPARENCY

OF RULES

Each system is published with total transparency. Rules are stated in full. Each trader can verify system results by simply applying the rules on his chart. No smoke and mirrors, no overpriced secrets.

TESTED WITH

HIGH ACCURACY

Each of our systems is tested on more than a decade of high quality historical data. Each system must be robust enough, to have at least 100+ profitable inputs combinations. We use very robust candle based testing model (results are not dependent on unstable tick data).

200+ MT4 Expert Advisors

Only during 2016 - 2017 we have created (and published), more than 200 unique expert advisors. To be able to create 200 historically profitable EAs we had to create upwards to 400 other trading robots that failed our tests.This makes us one of the most prolific developer of trading systems in the world.

WIDE VARIETY

OF SYSTEMS

We do not discriminate. We test and produce all types of systems believing that there are countless ways to profit in the forex market. From ultra aggressive systems to conservative systems that will open a trade only once or twice per year. 

WHAT TRADERS SAY