Description
Enters trades on pullbacks to key moving averages within an established trend for tighter stops and better risk-to-reward ratios, using multi-timeframe trend confirmation.
Overview
The Trend-Pullback Entry EA is a professional-grade Expert Advisor engineered for MetaTrader 4 (MT4) and MetaTrader 5 (MT5). It solves one of the most common problems in trend trading: entering trades at overextended prices. By waiting for price to retrace back to a key moving average level before triggering an entry, the EA achieves tighter stop-loss placement, better risk-to-reward ratios, and more precise trade execution than breakout-chase strategies.
The EA uses a dual-timeframe approach — confirming the primary trend on the higher timeframe (H4) and timing entries on the lower timeframe (H1) using candlestick pattern recognition at the pullback zone.
Key Features
- Multi-Platform Support: Fully compatible with both MT4 and MT5 platforms.
- Multi-Timeframe Trend Filter: Uses H4 EMA(200) slope to determine the primary trend direction before allowing any entries.
- Pullback Zone Detection: Identifies when price has retraced to within ATR × 0.3 of the EMA(50) on H1, the optimal entry zone.
- Pattern Recognition Entry: Triggers only on a bullish engulfing candle or pin bar forming at the pullback zone in the trend direction.
- ATR-Based Stop-Loss: Stop placed at ATR(14) × 1.0 below the entry, sized to current market volatility.
- Fixed 2R Take-Profit: Take-profit set at twice the stop-loss distance for a disciplined 2:1 reward-to-risk ratio.
- Exposure Controls: Maximum 2 open trades per direction and maximum 1 new trade per session prevent overexposure.
- Advanced Alert System: Trade open, modify, close, pullback detection, and error alerts via popup, push, email, and Webhook.
- Optimized for VPS: Efficient bar-close calculation designed for low-latency VPS deployment.
How It Works
1. Higher Timeframe Trend Check: The EA evaluates the H4 EMA(200) slope. A positive slope confirms an uptrend; only long trades are considered.
2. Lower Timeframe Setup: On H1, the EA monitors whether price is above the H1 EMA(200) and has pulled back toward the EMA(50).
3. Pullback Zone Entry: When price enters the ATR × 0.3 tolerance band around EMA(50), the EA watches for a trigger pattern.
4. Pattern Trigger: A bullish engulfing candle or pin bar at the pullback zone confirms institutional demand and triggers the entry.
5. Risk Placement: Stop-loss is placed at ATR(14) × 1.0 below the entry bar low. Take-profit is placed at 2R above entry.
6. Position Control: The EA enforces session and directional trade limits before placing any new order.
Trading/Indicator Logic
Higher timeframe (H4) EMA(200) slope confirms the primary trend direction. On the lower timeframe (H1), the EA waits for price to pull back into the EMA(50) zone — defined as within ATR × 0.3 of the EMA. Entry is triggered by a bullish engulfing candle or pin bar pattern forming at the EMA(50) level in the direction of the H4 trend. Stop-loss is placed at ATR(14) × 1.0 below the entry bar. Take-profit is set at 2R (twice the stop-loss distance). Position limits of max 2 open trades per direction and max 1 trade per session prevent overexposure.
Supported Markets
- Forex Majors & Minors: EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, USDCAD
- Precious Metals: Gold (XAUUSD)
- Stock Indices: US30, NAS100
Recommended Timeframes
- Primary Timeframes: H1 (entry chart), H4 (trend filter chart)
- Compatibility: Works on all standard MetaTrader timeframes with appropriate HTF/LTF configuration.
Recommended Symbols
- Primary Assets: EURUSD, GBPUSD, XAUUSD
Main Settings
- Timeframes: HTF (default H4), LTF (default H1)
- EMA Periods: Trend EMA (200), Pullback EMA (50)
- ATR Settings: ATR Period (14), ATR Zone Tolerance Multiplier (0.3), SL ATR Multiplier (1.0)
- Entry Settings: Entry Pattern (Engulfing / Pin Bar / Close), R:R Ratio (2.0)
- Exposure Controls: Max Trades Per Direction (2), Max Spread Filter
- Position Sizing: Lot Mode (Fixed / Risk %), Risk % (1.0%)
- Operational: Magic Number
Installation
1. Open your MT4 or MT5 terminal.
2. Go to File -> Open Data Folder.
3. Open `MQL4/Experts` (MT4) or `MQL5/Experts` (MT5).
4. Copy the compiled `.ex4` or `.ex5` file into the corresponding folder.
5. Restart MetaTrader or right-click Navigator -> Refresh.
6. Attach the EA to an H1 chart of your preferred symbol.
7. Enable AutoTrading in the MetaTrader toolbar.
How To Use
1. Attach the EA to an H1 chart of EURUSD, GBPUSD, or XAUUSD.
2. Verify the HTF setting is H4 and LTF is H1 (or adjust to your preferred pair of timeframes).
3. Set your risk percentage or fixed lot size.
4. Configure the Max Spread Filter for your broker’s typical spread on the chosen symbol.
5. Enable alerts and configure Webhook URL if Telegram or Discord notifications are needed.
6. Keep MT4/MT5 running or deploy on a dedicated VPS for 24/5 operation.
Who Is It For
- Swing Traders: Seeking disciplined, lower-risk entries by waiting for retracements rather than chasing breakouts.
- Trend Traders: Who want to combine higher-timeframe trend confluence with precise lower-timeframe entry triggers.
- Prop Firm Traders: Requiring controlled exposure limits, strict stop-loss placement, and defined reward-to-risk ratios.
- Systematic Traders: Looking for a rule-based pullback EA to complement a breakout or momentum strategy.
What’s Included
- `.EX4` Compiled Executable (MetaTrader 4)
- `.EX5` Compiled Executable (MetaTrader 5)
- User Documentation & Quick Start Guide
- Lifetime Product Updates & AlgoTim Support
Updates & Support
Every purchase includes lifetime access to updates, bug fixes, and feature enhancements. The AlgoTim support team is available to assist with setup, configuration, and broker compatibility questions.
Risk Disclaimer
Trading foreign exchange and financial instruments involves substantial risk of loss and is not suitable for all investors. Past performance does not guarantee future results. The Trend-Pullback Entry EA is a tool to assist with trade execution — it does not guarantee profits. Always test thoroughly on a demo account before deploying on a live account.
FAQ
Q: Can I change the higher timeframe from H4 to something else?
A: Yes. The HTF is a configurable input. You can set it to D1 for position trading or H1 if running the EA on M15.
Q: Does the EA trade both long and short?
A: Yes. When the H4 trend is bearish, the EA looks for bearish pullback patterns to the EMA(50) for short entries.
Q: What entry patterns are supported?
A: The EA supports bullish/bearish engulfing candles, pin bars, and close-above/below mode for simpler signal generation.
Q: Is there a spread filter to avoid trading during news events?
A: Yes. The Max Spread Filter will block trade entry if the current spread exceeds your configured maximum.
Q: Can I run this on multiple symbols at once?
A: Yes. Attach the EA to separate charts with a unique Magic Number for each symbol to allow independent management.
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