Exp_TrendManager_Tm_Plus

The core strategy of this EA is based on the Trend Manager Plus indicator, which typically combines moving averages and ATR (Average True Range) to determine trend direction. Entry conditions: open a long position when the TM indicator shifts from a downtrend to an uptrend, and open a short position when it shifts from an uptrend to a downtrend. Exit conditions include: reaching the configured fixed take profit or stop loss levels, or closing the position when the TM indicator issues a reverse signal. Position sizing uses either a fixed lot size or a percentage-based calculation relative to the account balance. Money management provides users with configurable stop loss and take profit parameters, but lacks dynamic position sizing and trailing stop mechanisms. The overall strategy logic is simple and intuitive, suitable for markets with clear trending conditions, but may generate numerous false signals resulting in frequent losses during ranging or choppy markets.