Free EA

Forex Trend Detector EA

Volatility Breakout + Smart Money Strategy

About This EA

Forex Trend Detector is a commercial EA by Lachezar Krastev (FXAutomater). It uses a volatility breakout strategy combined with a conservative drawdown-compensation algorithm to follow "Smart Money" momentum on EURUSD and GBPUSD on the M5 timeframe. The EA includes a visual risk indicator, tight stop-loss levels, and a high reward-to-risk ratio. On MQL5 it holds a 5.0 / 5 rating from 7 reviews.

Key Features

Volatility Breakout Strategy
Smart Money / Institutional Momentum
Drawdown Compensating Algorithm
Tight Stop-Loss Levels
High Reward-to-Risk Ratio
Visual Risk Indicator
No Optimisation Required
Works With Any MT4 Broker

Best & Worst Conditions

Strong trending moves on EURUSD or GBPUSD after news or breakouts
Low-spread brokers amplify the R:R advantage
Low-volatility, sideways conditions will produce false breakout entries
M5 means many trades — swap costs accumulate on overnight positions

Trading Specifications

Best Pairs

EURUSD, GBPUSD

Timeframe

Strategy

Volatility Breakout

Developer

Lachezar Krastev (FXAutomater)

Platform

MT4 / MT5

Risk Style

Conservative DD Algorithm

Risk Warning: With only 7 reviews, the sample size for this EA is small. The volatility breakout approach produces false signals in choppy markets. Live performance may differ from backtests and early-adopter reviews. Always test on demo before trading live. Past performance does not guarantee future results.

What Traders Say

Real buyer reviews from the MQL5 product page. All visible reviews are positive.

Positive

"This is a great working EA that delivers good results."

— Pierre Vachichin (MQL5)

"I'm happy to say that my experience has been good — expecting another very profitable run."

— ramassrs1 (MQL5)

"I just bought this bot — so far so good."

— Roshan Nahal (MQL5)

Overall Rating: 5.0 / 5 from 7 reviews (MQL5)

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