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EA from Auto trendline indicator mql5

MQL5 Experts Statistics and mathematics Panels and dialog boxes Trading robot/indicator debugging

Job finished

Execution time 3 minutes
Feedback from employee
Friendly and patient. Good experience working with him
Feedback from customer
Good developer, Fast and precise coding.

Specification

Create EA based on Auto trend-line indicator attached below.

source code handover at job completion. EA will be labeled for points not pips. must work on any time frame and back-testable. must paint trend lines on chart

include inputs below


X points from trade open - move SL to break even = enable/disable 

X bars from trade open - move SL to break even = enable/disable

TP points = default 0 will disable TP

SL points = default 0 will disable SL

disable SL at support/resistance 

disable TP at trend line 

SL X points from previous swing high/low

Normal or reverse trade strategy (choose here)




(Normal) trade strategy


Look for BUY opportunities with Auto Trendline Indicator when:

  • A bullish bar forms right above the lower trendline;
  • Long order triggers at the break of the respective bullish bar’s high;
  • Set stop loss 50 points below the support level;  (previous wing low)
  • Exit the trade / take profit whenever price hits the upper trendline.


Look for SELL opportunities with Auto Trendline Indicator when:

  • A bearish bar forms right below the upper trendline;
  • Short order triggers at the break of the respective bearish bar’s low;
  • Set stop loss 50 points above the resistance level; (previous swing high)
  • Exit the trade / take profit whenever price hits the lower trendline.


Reverse trade strategy (breakout)


Look for BUY opportunities with Auto Trendline Indicator when:

  • A bullish bar forms right above the upper trendline;
  • Long order triggers at the break of the respective bullish bar’s high;
  • Set stop loss 50 points below the resistance level;  (previous swing low)
  • Exit the trade at TP 


Look for SELL opportunities with Auto Trendline Indicator when:

  • A bearish bar forms right below the lower trendline;
  • Short order triggers at the break of the respective bearish bar’s low;
  • Set stop loss 50 points above the support level; ( previous swing high)
  • Exit the trade at TP



examples below are for (normal trades strategy)





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Project information

Budget
30 - 100 USD