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Trend Trader MT5

This EA trades according to your trendline. It can trade in several modes:

  • will open only one trade and then be stopped
  • trades only in the direction of the trendline
  • opens more trades after each touch with the trendline
  • trades in both directions
  • it can place a pending order or open a market order

See the screenshots below for a better understanding of its features.

Unfortunately, it is not possible to draw your own trend line in the MT5 strategy tester. This EA will draw its own trendline for the test. You can also test the version for MT4 here: https://www.mql5.com/en/market/product/74899

Settings:

  • StartTrading .. start of trading HH:MM
  • EndTrading .. end of trading HH:MM
  • TrendLineName .. the name of your trendline. if you do not enter then the first trendline in the chart is traded
  • Use pending orders .. it can place a pending order or open a market order
  • Only one trade .. will open only one trade and then be stopped
  • Trade only in trend .. trades only in the direction of the trendline / trades in both directions
  • Wait for distance .. the opening of the trade will be allowed when the market price moves away from the trendline
  • MyTL_Color .. your trendline will be highlighted with this color
  • Entry distance in Points .. the trade will be open at this distance from the trendline

:::::::::: Money management :::::::::::

  • Lots .. trade size in lots
  • Risk % by SL .. automatic lot calculation according to the entered risk and size of SL
  • TP1 Lot % .. can only close part of the trade at this size
  • TP1 in Points .. can close only part of the trade in this profit
  • TP2 in Points .. close the trade in this profit
  • SL in Points .. close the trade at this loss
  • SL to BE .. in this profit move the SL to the opening price
  • TP to BE .. in this loss move the TP to the opening price
  • BE + Points .. SL / TP move to the opening price plus this profit
  • TrailingSL_Start .. It starts to move SL in this profit
  • TrailingSL .. this will move the SL at that distance
  • TrailingSL_Step .. It will move SL in this step

:::::::: Other ::::::::

  • Photo to .../MQL4/Files/ .. saves a screenshot of the chart when opening a trade
  • Chart to top .. show the chart when opening a trade
  • SoundAlarm .. sound signal when opening a trade
  • Alarm_Wav="alert.wav"; .. sound file
  • Send e-mail (by MT4-Tools/Options/) .. when opening or closing a trade
  • Send notification (by MT4-Tools/Options/) .. when opening or closing a trade


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Marzena Maria Szmit
4.78 (37)
We proudly present our cutting-edge robot, the Big Forex Players EA designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the biggest Banks (positions are sent from our database to th
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Tajammul Hussain
5 (10)
Das Letzte von Ihnen: Entfesseln Sie die ultimative Forex-Handelsmacht Machen Sie sich bereit, von der reinen Kraft von "The Last Of It", dem Kronjuwel in meiner Sammlung von Expertenberatern, begeistert zu sein. Dieser meisterhaft konzipierte EA ist ein Beleg für modernste Handelstechnologie und liefert eine beispiellose Performance über die gesamte Forex-Landschaft hinweg. Mit "The Last Of It" an der Spitze Ihres Handelarsenals werden Sie das volle Potenzial einer sorgfältig entwickelten Stra
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Vladimir Mametov
4.64 (36)
Automated, highly accurate trading advisor for trading the EURUSD currency pair. Signal:  https://www.mql5.com/en/signals/2129200 Advantages: The advisor uses an intelligent system for closing unprofitable orders. There is a news filter and a trading time filter. It is possible to test the news filter in the tester (to do this, contact me and I will send you the news file required for testing). Requirements: Trading pair: EURUSD Working timeframe: 1H Minimum deposit: $100 Leverage: preferably 1:
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Tajammul Hussain
4.11 (9)
Euro-Händler: Entfessle die Macht des EUR-Handels Machen Sie sich bereit, Ihre Forex-Handelserfahrung mit dem Euro-Händler zu revolutionieren, einem hochmodernen Expertenberater, der das enorme Potenzial von EUR-Währungspaaren nutzt. Dieser sorgfältig konstruierte EA ist das Ergebnis unzähliger Stunden an Forschung, Entwicklung und rigider Prüfung, was Ihnen Zugang zu einem leistungsstarken und zuverlässigen Werkzeug für Ihren Handelssatz verschafft. Der Euro-Händler spezialisiert sich auf den H
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Guillaume Duportal
4.92 (38)
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Mansour Babasafary
4.36 (39)
This expert is based on patterns The main patterns of this specialist are candlestick patterns Detects trends with candlestick patterns It has a profit limit and a loss limit, so it has a low risk The best time frame to use this expert is M30 time frame The best currency pairs to use with this expert is the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs The price will increase by 100$ after every 10 purchases! Final price 2450$ Get a 50% bonus by buying (or even renting) any of our product
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Vladimir Pokora
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This indicator draws a trend line and a trend tunnel on the chart. You can choose several calculation methods, alerts, notifications, and other settings. It can also draw trendlines from another TimeFrame. You can also use this indicator for your ExpertAdvisor. The current values of the lines are stored in the memory buffer from where the EA can load them. You can trade the price bounce from the upper and lower lines .   Settings TimeFrame – trend timeframe Description – show description of line
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Version 1.1 2021.12.02
minor repairs