Meridian Trend

What the licence gives you

• One position at a time; it never adds to a trade that is going against it.
• You choose the money at risk per trade; every other setting is sealed into the build.
• Compiled for up to two MT5 account logins; it refuses to run on any other account.
• Perpetual licence: buy once, no subscription and no renewal date.

Overview

Chart M5 · Trend

Good at

• One position at a time
• A fixed amount of money at risk on every trade
• Prop-firm evaluations: lower the risk per trade first

Who should run this

For hands-off traders who want a simple, single-position approach with a known risk per trade.

Who can run this

• $25,000 or more at the default risk per trade
• Hedging MT5 account
• Any broker offering XAUUSD
• VPS optional; it can run on your own machine
• Prop-firm evaluations: lower the risk per trade first

How it works

• It reads the direction gold has been travelling in over the longer run, and only looks for trades that go the same way.
• When price finally breaks clear of the range it has been sitting in, it takes a single position in that direction.
• It holds one position at a time and never adds to a trade that is going against it; the money at risk on each is a fixed amount you set.
• A trade that is working is given room to run, and is handed back only once the move it was riding turns.

Profiles

• StandardDefault

  The settings this Product was tested with: one position at a time, and a fixed amount of money at risk on each.

  MeridianTrend-Standard.set

Backtest

Preset files in the package

• MeridianTrend-Standard.set

Risk

Trading gold, foreign exchange and CFDs on margin carries a high level of risk and is not suitable for every investor.

Read the full risk disclosure