Compass EA is a free, fully automated Expert Advisor for MetaTrader 5, built around a trend-persistence detection strategy. It protects every position with a fixed Stop Loss and Take Profit.
Recommended setup:
- Platform: MetaTrader 5 (MT5)
- Strategy: Trend persistence
- Best pair: major FX pairs and Gold
- Timeframe: H1 to H4
- Account type: ECN / Raw spread
- Price: FREE download
Compass tries to detect when a trend is likely to persist and rides it, an unconventional trend engine.
Download Compass EA for free below. The package includes the ready-to-run .ex5 plus the full MQL5 source code so you can study or customize it.
Compass EA
Free Download - .zip file
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