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THeMindTheLines plus TrendlineArchitect

This EA keeps an eye on drawn lines and opens orders according to a specification.

Together with the included tool Trendline-Architect, which calculates and draws lines over the chart, it is a fully automatic EA.

There are two types of trends:
    Trend A: the line is drawn using local lows for uptrends and local highs for downtrends
    Trend B: the line is drawn using local highs for uptrends and local lows for downtrends

A few conditions have to be fulfilled. To understand and change the parameters see also picture 8.

You can draw additional lines manually - the EA will recognise them. OBJ_TREND, OBJ_CHANNEL, OBJ_TRENDBYANGLE, OBJ_REGRESSION, OBJ_STDDEVCHANNEL and OBJ_FIBOCHANNEL objects will be detected - others will be ignored. The lines or channels have to have valid coordinates and rayed to the right, otherwise the value will be zero. Although channel-objects are usually composed of 2 or more lines, this EA recognises only the mainline (the one with the 2 basepoints).

There are two line types:

    SUPPORT: most of the prices are above this line
    RESISTANCE: most of the prices are below this line

The line type and the trade direction of recognized line can be determined automatically or can be set manually.

Around recognized lines, there will be a zone called ActionArea. The nearest ActionAreas to the current price for long- and short-trades are shown in the chart. If the current price is in this zone, an order or an alarm will be triggered and the triggered trade direction will be deselected for this line.


Parameters

  • Do Automatic LineType-Detection is true to automatically detect the line type (SUPPORT or RESISTANCE).
If false, the line type is set to NONE by default. Changes apply only to new lines or the first time the EA is activated on a chart.
The user can change the line type for each line by clicking on the button.
The button displays the current line type and is green when in automatic mode.
  • ATR-period defines the period of the ATR calculation. The area and distance around the lines where some action happens is measured in ATR. The ATR timeframe is the same as in the chart.
  • min. ATR-distance for LineType-Detection is the minimal distance to a line to auto detect the line type (SUPPORT or RESISTANCE).
  • max./min. ATR-distance for ActionArea
  • If the mean value of both values is positive, the action happens before the line is broken. Expectation should be a change of the previous approached price direction (see screenshot 2).
  • If the mean value of both values is negative, the action happens after the line is broken in direction of an outbreak (see screenshot 3).
  • ATR-distance for Stoploss is the distance to Stoploss. The Stoploss is always on the other side of the line - so it makes no difference if this value is positive or negative.
  • TP/SL ratio is the factor to calculate TP price.
  • MagicNo is the number to differ strategies and their orders.
  • Do Alert is true, if an Alert-message is needed, too.
  • Risk is
    • the relative portion of RiskBase which is risked per order or
    • the fixed lotsize, in case this mode is choosen in RiskBase.
If risk equals to zero, no orders are allowed. Maximum risk allowed is 0.1.
  • RiskBase is the base of risk calculation. You can choose between:
    • Balance
    • Free margin
    • Free equity (equals free margin minus risk of open orders. In this mode all open orders have to have Stoploss or else free equity equals zero.)
    • Fixed lotsize: the value of the ordersize is taken from the value Risk
  • color ActionArea long/short defines the color in the chart.
  • MinBarAge: the count of bars to the last base point of a line is called BarAge and has to be greater than the parameter MinBarAge
  • MinLength: the length of the line starting at the first base point is measured in bars and has to be greater than MinLength
  • MinLenfac: the ratio of the length between the base points of the mainline and the length of the whole line has to be greater than MinLenfac
  • MaxPostBreakfac: the ratio of bars since the line was broken (PostBreak) and the unbroken line length has to be less than MaxPostBreakfac
  • LineColor: sets the main color of the lines
  • ColorFadefac: represents the color intensity at the point the conditions are scraped through; 0 means main color, 1 means background color
  • FadeFac: is similar to MinLenfac and sets the ratio, when to start the fadeout






































































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Wir stellen CyBRG RX vor: Der Trading-Assistent der nächsten Generation Betreten Sie die Zukunft des Tradings mit CyBRG RX, Ihrem hochmodernen Trading-Begleiter, der darauf ausgelegt ist, Ihr Trading-Erlebnis zu verbessern. Mit der Kraft fortschrittlicher neuronaler Netze analysiert und passt sich CyBRG RX an die sich ständig ändernden Marktbedingungen mit beispielloser Präzision an. Signale:   Live Signal 1 Live Signal 2 Da diese Strategie so einzigartig ist, möchte ich nur eine begren
Daytrade Pro Algo
Profalgo Limited
5 (5)
Aktion starten: Begrenzte Anzahl von Exemplaren zum Tagespreis erhältlich Endpreis: 990 $ NEU: Erhalte 1 EA gratis!   (für 2 Handelskonten) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Willkommen bei DayTrade Pro Algo!   Nachdem ich jahrelang die Märkte studiert und verschiedene Strategien programmiert habe, habe ich einen Algorithmus gefunden, der alles hat, was ein gutes Handelssystem braucht: Es is
Sup 9 Martingale
Inrexea Limited
5 (1)
The S9M Trading Robot – a cutting-edge, fully automated 2nd generation InrexEA DB system by OpenEA. This innovative solution learns from XAUUSD market trends and incorporates the best aspects of the retired Ea YOLO Diamond Hands. Structure of InrexEA Database: Clients > InrexEA DB > OpenAI > InrexEA DB analysis > Clients  InrexEA DB is a cutting-edge database solution primarily built using the powerful Python programming language. It goes beyond the limitations of MQL4 and MQL5 codes to provide
EA Black Dragon
Ramil Minniakhmetov
4.78 (477)
EA Black Dragon arbeitet mit dem Black Dragon-Indikator. Der Expert Advisor eröffnet einen Deal anhand der Farbe des Indikators, dann ist es möglich, das Ordernetzwerk aufzubauen oder mit einem Stop-Loss zu arbeiten. Die Überwachung der realen Arbeit sowie meine anderen Entwicklungen finden Sie hier: https://www.mql5.com/en/users/mechanic/seller Alle Einstellungen finden Sie hier! Empfehlungen Währungspaare EURUSD GBPUSD  Zeitrahmen M15  Empfohlene Einzahlung 1000 Dollar oder Cent  Empf
AW Recovery EA
AW Trading Software Limited
4.33 (70)
Der Expert Advisor ist ein System zur Wiederherstellung unrentabler Positionen. Der Algorithmus des Autors sperrt eine Verlustposition, teilt sie in viele separate Teile und schließt jeden von ihnen separat. Einfache Einrichtung, verzögerter Start im Falle eines Drawdowns, Sperren, Deaktivieren anderer Expert Advisors, Mittelwertbildung mit Trendfilterung und teilweises Schließen einer Verlustposition sind in einem Tool integriert Es ist die Verwendung von Schließungsverlusten in Teilen, die es
One Inch Slap
Inrexea Limited
No Backtesting is allowed: (OIS IS NOT A HFT Strategy, Will not be violated by Prop firm rules) We don't rely on backtest results. The backtesting environment can't access our database to retrieve historical data. We aim to provide clarity to EA traders and not mislead them. The best approach is to monitor our signals. If you're wondering how to verify that it works with your broker, the response is the same: backtesting results alone don't prove effectiveness. "OIS" : The Final product of ours
Exp4 AI Sniper for MT4
Vladislav Andruschenko
5 (2)
Unser Team freut sich, Trading Robot vorstellen zu dürfen, den hochmodernen Smart Trading Expert Advisor für das MetaTrader-Terminal. AI Sniper   ist ein intelligenter, selbstoptimierender Handelsroboter, der für  MT4   -Terminals entwickelt wurde. Durch die Verwendung eines hochentwickelten Algorithmus und hochmoderner Handelsmethoden verkörpert   AI Sniper   Exzellenz in der Handelsoptimierung. Mit über 15 Jahren umfassender Erfahrung an den Börsen und Wertpapiermärkten hat unser Team diesen
Hercules AI MT4
Aleksandr Chebotaev
2 (1)
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
Boring Pips MT4
Thi Thu Ha Hoang
5 (12)
Hast du dich jemals gefragt, warum die meisten Expertenberater im Live-Handel trotz ihrer perfekten Backtest-Performance nicht effektiv sind? Die wahrscheinlichste Antwort ist Überanpassung. Viele EAs werden erstellt, um perfekt aus den verfügbaren historischen Daten zu "lernen" und sich anzupassen, aber sie können die Zukunft nicht vorhersagen, da es an Verallgemeinerungsfähigkeit im konstruierten Modell mangelt. Einige Entwickler wissen einfach nicht von der Existenz der Überanpassung, oder s
AI TradingVision GPX MT4
Yu Mei Cheng
4.64 (14)
Hinweise Der EA enthält maximal 6 Einstiegspunkte, die Losgröße pro Trade entspricht der Order-Losgröße multipliziert mit 6, daher bitte keine zu hohe Losgröße verwenden. Die standardmäßige Losgrößenberechnung erfolgt nicht prozentual zum Kapital. Unsere Standardberechnung ist nicht von der Hebelwirkung beeinflusst und ermöglicht eine genauere Risikokontrolle.  Es wird empfohlen, Kapital über 1.000 US-Dollar einzusetzen, um die Risikobeständigkeit zu erhöhen. Bei gleichzeitiger Nutzung mehrerer
GRain EA MT4
Roman Erokhin
4.5 (6)
Good afternoon. My name is Roman, I am the creator of Gold Rain EA. I have been preparing for its realization for a long time, went through a lot of tests and now I finished the product and went on sale with a live good signal. My motto is to use only live signals, I do not release products without history or lack of real accounts. Now you have the opportunity to try Gold Rain EA in your hands. I will help every client to customize and install EA, from beginner to pro. Tired of complicated EA mo
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Trendline Architect
Torsten Hempel
5 (4)
This indicator calculates and draws lines over the chart. There are two types of trends: Trend A: the line is drawn using local lows for uptrends and local highs for downtrends Trend B: the line is drawn using local highs for uptrends and local lows for downtrends There are a few conditions, which have to be fulfilled and can be changed by the parameters (see also picture 4): MinBarAge : the count of bars to the last base point of a line is called BarAge and has to be greater than the parameter
FREE
This EA keeps an eye on drawn lines and alerts according specification. It is a semi-automatic robot, which does NOT draw or change any lines. A user can draw them manually or use tools like Trendline-Architect or Channel-Architect, which draw lines automatically. Objects of type OBJ_TREND, OBJ_CHANNEL, OBJ_TRENDBYANGLE, OBJ_REGRESSION, OBJ_STDDEVCHANNEL and OBJ_FIBOCHANNEL will be detected - others will be ignored. The lines or channels have to have valid coordinates and rayed to the right, oth
FREE
This utility calculates and draws lines over the chart. There are two types of channels: Channel A: the mainline is drawn using local Lows for uptrends and local Highs for downtrends. Channel B: the mainline is drawn using local Highs for uptrends and local Lows for downtrends. The parallel line of both types is built, using the maximum fractal between the base points of the mainline. There are few conditions which have to be fulfilled and can be changed in the parameters (see also picture 4): T
This indicator calculates and draws lines over the chart. There are two types of channels: Channel A: the mainline is drawn using local lows for uptrends and local highs for downtrends Channel B: the mainline is drawn using local highs for uptrends and local lows for downtrends The parallel lines of both types are built using the max. fractal between the base points of the mainline. There are a few conditions, which have to be fullfilled and can be changed by the parameters (see also picture 4):
THeMindTheLines
Torsten Hempel
5 (1)
This EA keeps an eye on drawn lines and opens orders according to a specification. It is a semi-automatic robot, which does NOT draw or change any lines. A user can draw them manually or use tools like Trendline-Architect or Channel-Architect, which draws lines automatically. OBJ_TREND, OBJ_CHANNEL, OBJ_TRENDBYANGLE, OBJ_REGRESSION, OBJ_STDDEVCHANNEL and OBJ_FIBOCHANNEL objects will be detected - others will be ignored. The lines or channels have to have valid coordinates and rayed to the right,
This utility calculates and draws lines over the chart. There are two types of channels: Channel A: the mainline is drawn using local lows for uptrends and local highs for downtrends Channel B: the mainline is drawn using local highs for uptrends and local lows for downtrends The parallel lines of both types are built using the max. fractal between the base points of the mainline. There are a few conditions, which have to be fullfilled and can be changed by the parameters (see also picture 3):
This indicator calculates and draws lines over the chart. There are two types of channels: Channel A: the mainline is drawn using local lows for uptrends and local highs for downtrends Channel B: the mainline is drawn using local highs for uptrends and local lows for downtrends The parallel lines of both types are built using the max. fractal between the base points of the mainline. There are a few conditions, which have to be fullfilled and can be changed by the parameters (see also picture 4):
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