Trend Following Pro [Wukong Algo]

Trend Following Pro [Wukong Algo]

• This is a trading method in pullback areas following the trendline. The trendband is designed to include Entry band (green band) and Stop Loss band (red band). Stop Loss will trail along the trendline.
  
• Automatically connect TradingView and MetaTrader 5 (MT5) for automatic trading and order management via PineConnector
  
• The system includes a risk management grid including the levels: Stop Loss (SL), Break-even (BE), Trailing Stop, TP1 (1/4), TP2 (2/4), TP3 (3/4), TP4 (4/4). This grid helps you easily monitor and manage orders on TradingView in parallel with automatic order management on MT5.
  
• Suitable for all markets: Forex, Gold, Crypto, Stocks, as long as you use MT5 and TradingView
  
• If you do not need to trade automatically via MT5, the Support and Resistance Pro can also be used as an effective indicator in visual order management on TradingView charts, helps maintain discipline and good trading psychology (less Stress or FOMO)
  

Trend Following Pro system quick guide:

Step 1: Click two point A & B in the support and resistance zone (supply and demand) to draw a horizontal line

• Click to select two points A and B to draw the trendband. Entry will occur if the price touches the green band and StopLoss will be activated if after Entry the price touches the outter red line. You can completely adjust the width of the green and red bands with the input parameters.
  
• Select the direction you want to trade, for example in the picture we are choosing the Buy (Long) order
  

Step 2: Enter the input parameters for the system including:

• Direction of Long (Buy), Short (Sell), Turn Off (No trade) orders
  
• Width of Entry price trigger (green band) , and width of Stoploss (red band)
  
• Order volume, TP1, TP2, TP3, TP4 levels
  
• Maximum number of trades on a trendline
  

Step 3: Set up automatic trading from TradingView via PineConnector EA and MT5

• If you do not need automatic trading in MT5, skip this step. Entry signals and risk management grids will still be displayed on the TradingView chart for you to see, but there is no connection and automatic trading signal shooting and automatic order management from TradingView to MT5 via PineConnector.
  
• We need to create an Alert in TradingView and attach it to this Indicator so that the Alert's trading signals are transmitted via MetaTrader 5 (MT5) via PineConnector.
  
• When trading, you need to turn on 3 software at the same time to be able to connect to each other to operate: TradingView, MetaTrader 5 (MT5), PineConnector
  

See more details in the screenshots


Step 4 - Complete setup, and wait for trading signals

• You have completed the setup steps for the Indicator, ready when there is a trading signal
  
• You do not need to sit in front of the screen all day if you do not want. The system has been set up to execute and manage orders automatically.
  
• Of course, sometimes you should still check your transaction status, in case of unexpected problems such as lost internet connection.
  
• If you still have questions about this Indicator, please email [e-mail] for support.