• Overview
  • Reviews (3)
  • Comments (58)
  • What's new

Line Trader

This EA automatically works on trendlines of your choice. You only need to draw a line and then press the buy or sell button.

Suitable for traders who use chart patterns (triangles, channels, spikes ...).

The tool is also suitable for quick and easy placement of pending orders.


Input Parameters

  • Magic - Choose magic number
  • MoneyManagement - Automatically calculated lot size, values are displayed on the lines
  • RiskPercent - In percent when money management is turned on calculated size (0 = off)
  • RiskMoney - In money when money management is turned on calculated size (0 = off)
  • TakeProfit - Choose takeprofit in pips
  • StopLoss - Choose stoploss in pips
  • LineDistancePips - Trade is executed before line
  • SlipPage - Maximum allowable distance between trendline and price for a trade in pips
  • SpreadMax - Maximum allowable spread for a trade in pips
  • Breakeven - Distance between order price and price in pips (0 = off)
  • BreakevenPlus - Example Long: -30 = 30 pips under open price
  • TrailingPips - Trailingstop in pips (0 = off)
  • TrailingProgressive - Stoploss is progressively reduced, takeprofit is necessary
  • OneClickTrading - One click trading, if no trend line has been selected
  • PanelCorner - Dock the panel in the desired corner
  • PanelX - Horizontal distance of the panel in pixel
  • PanelY - Vertical distance of the panel in pixel
  • ButtonColorSell - Color of the sell button
  • ButtonColorBuy - Color of the buy button
  • ButtonColorText - Color of the text for all buttons
  • LineColor - Color of the line when it is activated
  • LineColorTP - Color the takeprofit line
  • LineColorSL - Color the stoploss line
  • LineStyle - Styles for all lines (solid, dash, dot, dash dot, dash dot dot)
  • LineWidth - Lines width in pixels
  • TradeAtClose - Trade when "close price" of the last candle line crosses
Sehn
112
2016.11.24 01:41 
 

Misleading, unable have diagonal trend line stop/tp. 5 Stars otherwise

Akshay De
90
2015.09.18 09:59 
 

Simple and effective EA, if you are a trendline/pattern trader then look no further. I have spent lots of money buying other products for trading the trendline/pattern , and I wasted a great deal of money. This product finally meets all the expectations of a trendline/pattern trader.

The support is really great and fast, I have requested the coder to implement options for closing/reversing the trades and he has happily agreed.

martkoni
168
2015.08.31 11:07 
 

Very easy to trade especially a lot of positions. I draw many lines, press buton SELL and the EA will trade them with SL, TP, Breakeaven. I can easily prolong the lines, SL and TP will prolong automatically.

Version 2.0 - 2016.12.22
Added input "TradeAtClose" - Trade when "close price" of the last candle line crosses
Version 1.90 - 2016.04.08
Added input "LineWidth" - Lines width in pixels
Version 1.80 - 2016.02.19
Added input "TrailingProgressive", stop is used progressively, takeprofit is necessary
Version 1.70 - 2016.01.22
- Added One Click Trading, if no trend line has been selected. Feature can be disabled
- Added Display for daily profit.
Version 1.60 - 2016.01.14
Added trailing stop, new input "TrailingPips", 0 = off.
Version 1.50 - 2015.11.03
Added Money-Management.
Version 1.42 - 2015.10.22
Fixed a bug: SL and TP lines disappeared when editing
Version 1.41 - 2015.10.08
Fixed bug - No trading in some broker
Version 1.4 - 2015.10.01
Added the new Reversal All button - reverse a trade direction
Version 1.3 - 2015.09.23
Improved CloseAll
Version 1.2 - 2015.09.21
Added the new button CloseAll - close all orders on the chart
Version 1.1 - 2015.09.17
Added the new input LineDistancePips
Trade is executed before line