TrendPulse is a cutting-edge Forex robot operating under the Forex arbitrage platform SharpTrader, enabling it to trade on virtually any broker or platform through SharpTrader connectors. Unlike typical arbitrage strategies, the TrendPulse Forex bot is broker-friendly and does not engage in toxic trading practices. At its core, TrendPulse relies on an impulse trading algorithm, utilizing a unique impulse indicator developed by BJF Trading Group Inc. This robot identifies a series of market impulses and initiates positions at the onset of trends triggered by these impulses.
Pic. 1 – TrendPulse Forex bot – trading example
An additional layer of sophistication is added through the use of ATR (Average True Range) indicators. These indicators measure market volatility essential for trend continuation, allowing for more nuanced trading decisions (Note: To use the ATR filter and create custom filters, traders must have a license for the SharpTrader platform’s coding module). Position exits are managed with a trailing stop, ensuring that the bot does not open more than one position per trading instrument and does not increase the position size after a loss, thereby avoiding the pitfalls of martingale or grid strategies and maintaining a low-risk profile.
Pic 2. – TrendPulse Forex bot settings
Furthermore, TrendPulse employs a rapid feed to filter out (and prohibit) entries during arbitrage situations that may arise due to various factors, such as the release of significant economic news, large volumes, or emotional market responses. This ensures that TrendPulse remains a sophisticated, low-risk Forex robot designed for the modern trader seeking stability and performance.