This video explains how the RobotFx fluid expert advisor for Metatrader can detect the trend and what are the criteria used to establish whether the trend is an uptrend or a downtrend.
Technically speaking, for the EA to trade with the trend, the TrendDetector must be set to true. When this is the case, the EA will:
- Buy - if the price is above a slow moving average and a fast moving average is above a medium moving average.
- Sell - if the price is below a slow moving average and a fast moving average is below a medium moving average.
The following settings are explained: TrendDetector, DrawBackgroundTrendColor, BackgroundTrendYDistance, TrendColorUp, TrendColorDown, TrendColorRanging, FastMA, FastMA_method, FastMA_price, MediumMA, MediumMA_method, MediumMA_price, SlowMA, SlowMA_method and SlowMA_price.