ATR Trailing Stop Expert Advisor

I’ve finally found some time to upload a Forex expert advisor that I’ve been testing since December 2010. It’s called ATR Trailer and, as its name suggests, is based on ATR (Average True Range indicator) trailing stop. The idea behind this MetaTrader EA is very simple: we have only one position, which is followed with an ATR-based trailing stop-loss and once it triggers, a position in an opposite direction is opened, then the same goes on with this new position. The idea is very similar to the one used in my ATC2011 EA and was tested by me on a period of more than 8 months on several currency pairs. The best result was achieved using EUR/USD H1 charts and it looks quite stable. In 8 months it gained $1,525.59 on $10,000 initial balance. With a maximum drawdown not exceeding 6%, positive Sharpe ratio and Sortino ratio.
This expert advisor is available both for MT4 and MT5. You can read more info about it and download the .mq4 and .mq5 source files from here:

If you have any questions or some interesting thoughts regarding ATR Trailer, please feel free to reply using the form below.