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Expert Advisor · major pairs

TCM Trend EA – Major Pairs

A trend-following Expert Advisor for EUR/USD, GBP/USD, USD/JPY and the other majors. It trades during London and New York hours in UK time, sizes every position from the risk you choose, and stops for the day when your loss limit is reached.

  • MT4 + MT5
  • Version 1.01
  • H1 chart recommended
  • Stop-loss on every trade
The status panel on the chart (illustration). It shows the trend filter, whether trading hours are open, today's result against your daily limit, and what the EA is doing.
What it does

Built around its risk controls

The EA looks for trend setups on closed candles and only trades in the direction of the bigger trend. How it finds them stays private, but everything that controls your risk is in the settings and on the status panel.

  • A stop-loss and target on every trade

    Both are set the moment a trade opens. One trade at a time per chart.

  • Risk-based position sizing

    Choose a risk per trade between 0.01% and 5% of equity (default 0.50%), or a fixed lot size.

  • Daily loss limit

    Stops opening trades for the day once losses reach your limit (default 3% of equity).

  • UK-time trading hours

    07:00–20:00 UK, no new trades on Friday from 18:00. Converted to your broker's clock automatically, clock changes included.

  • Cost and margin checks

    Skips entries when the spread is too wide for the stop, or when the account can't hold the trade.

  • No grid, no martingale, no averaging down

    Losing trades are never doubled or added to.

Try the settings

See what the risk settings mean in money

Type your own equity. The EA does this maths on every trade.

Spec sheet

The details

Defaults shown. Every setting is explained in the setup guide that comes with the files.

How to install it →

Symbols
Built for major pairs such as EUR/USD, GBP/USD and USD/JPY
Chart
One chart per symbol; H1 recommended
Trading hours
07:00–20:00 UK time, adjustable
Friday
No new trades from 18:00 UK; optional close before the weekend (off)
Position size
Risk % of equity, 0.01–5% (default 0.50%), or fixed lots (default 0.02)
Daily loss limit
3% of equity (adjustable)
Spread filter
Automatic cost check, plus an optional maximum spread in points
Trade management
Optional break-even, trailing stop and partial close (all off by default)
Magic number
7701
Platforms
MetaTrader 4 and MetaTrader 5
Needs
Algo trading switched on; MetaTrader running 24/5 (a VPS is the usual answer)

Questions about the EA

Can I see backtest results before I buy?

We don't publish backtests or results, because past performance on one broker's data says little about your account. Every setting is listed on this page, and once you own it you can test it yourself in MetaTrader's Strategy Tester on your own broker's prices.

Can I run it on several pairs at once?

Yes. Attach it to one chart per pair on the same account. Each chart manages its own trade, and the daily loss limit applies to the account.

Does it work with prop-firm accounts?

It runs on any MT4 or MT5 account it's licensed for. Prop firms have their own rules on daily loss, news and holding over weekends, so check them against the settings before you start. If a firm needs something the settings don't cover, ask about a custom build.

What happens if my computer turns off?

The EA stops with MetaTrader. Any open trade keeps its stop-loss and take-profit at your broker, but nothing is managed until MetaTrader is running again. That's why most people use a VPS.

Risk warning. This EA can lose money. Stops can be filled at a worse price in fast markets and over weekends, and losing runs happen. Only trade money you can afford to lose. Tools and education only, not financial advice.