Multi Levels Trend Expert Advisor
Topic: Multi Levels Trend Expert Advisor
This expert advisor is based on the concept that market does not move always in one direction. Even when the market is trending in one direction at some points it pullback. Usually the pullback is due to strong support or resistance levels or the dominant traders decided to take some profit, which usually force the market to move in the opposite direction for some time. The EA makes use of this reverse move. As expected, the EA performs better when it is trading in trend direction.