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Cycle Lines - expert for MetaTrader 4

Aharon Tzadik
Views:
14734
Rating:
(6)
Published:
Updated:
Cycle Lines.mq4 (111.59 KB) view
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With "Cycle Lines" EA you can draw Cycle Lines on the chart and trade with price breakthrough,has 3 buttons for manual trading and allows to predetermine trailing stoploss & take profit, open and close all trades at once.

  • Try it on demo first.


Inputs
  •  Use_TP_In_Money- Use Take Profit In Money (values:true/false).
  •  TP_In_Money- Take Profit In Money   (values: 10-100).
  • Use_TP_In_percent- Use Take Profit In Percent (values:true/false).
  • TP_In_Percent- Take Profit In Percent (values: 10-100).
  • ------------[Money Trailing Stop For Multiple Trades]----------------------
  • Enable_Trailing-Enable_Trailing with money  (values:true/false).
  • Take Profit In Money (in current currency) (values: 25-200).
  • Stop Loss In Money(in current currency) (values: 1-20).
  • --------------------------------------------------------------------------------------
  • Exit= Close trades if the trend is against you and control draw dwon (values:true/false).

  • 1 st point's date, %
  • 1 st point's price, %
  • 2 nd point's date, %
  • 2 nd point's price, %
  • Color of cycle lines
  • Style of cycle lines
  • Width of cycle lines
  • Background object
  • Highlight to move
  • Hidden in the object list
  • Priority for mouse click
  • Enable "STOP"
  • Lots - Lots size (values: 0.01-10).
  • Lots size Exponent  (values: 1.01-2).
  • MaximumRisk - maximum risk from total margin in %, (values: 0.01 - 0.3).
  • If "MaximumRisk =0" then "Lot=constant"
  • DecreaseFactor - decrease from total margin if you lose a trade.
  • Stop_Loss - Stop Loss (values: 10-100).
  • TakeProfit - Take Profit (values: 10-100).
  • MagicNumber - Magic number (values: 1-100000).
  • NumberOfTrades-Number Of Trades(values: 1-10).
  • IF YOU USE ONLY 1 TRADE:
  • //////////////////////////////////////////////////
  • TrailingStop-set a value from 40 to 100 to activate trailing stop loss & take profit, "0" will not activate trailing stop loss.
  • USEMOVETOBREAKEVEN-Enable " break even " (values: true/false).
  • WHENTOMOVETOBE-When to move break even (values: 1-30).
  • PIPSTOMOVESL=30-How much pips to move stop loss  (values: 1-30).


      Cycle Lines


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