LineSniper EA

LineSniper EA

Draw the line. Let it trade.

What It Does

LineSniper EA automatically executes trades when price touches a trend line you draw on the chart. No complex settings — just draw a line, name it B for Buy or S for Sell, and the EA handles the rest. It supports multiple lines at once and works on any symbol and timeframe.

 

How to Use

      Draw a trend line on your chart using MT5's built-in tool.

      Name it B (or B1, B2…) for Buy, or S (S1, S2…) for Sell. Lines without B/S are ignored.

      Price enters the touch zone → order fires automatically → line is deleted from the chart.

 

Two Trading Modes

Single Mode

One trade at a time with fixed TP and SL in points. Clean and simple — ideal for breakout and momentum setups.

DCA Chain Mode

Opens a chain of orders as price moves against the position. Each new order uses Lot(N) = Initial Lot × Multiplier^N. The chain closes when floating profit reaches the configured TP level measured in points from the weighted average entry (break-even price). A dollar-based Max SL protects the entire chain.

 

On-Chart Panel

All parameters are editable live from the panel — no EA restart needed. The panel shows:

      Mode, Initial Lot, Touch Zone — always visible.

      Single: TP and SL in points.

      DCA: Step, Multiplier, TP (pts from avg entry), Max SL ($).

      Breakeven: auto-moves SL to avg entry after N points of profit (0 = off).

      Status bar: live avg entry, TP target price, and floating PnL during a DCA chain.

      PAUSE / CLOSE ALL buttons for fast manual control.

 

Parameters

Parameter

Description

Initial Lot

Base lot size for the first entry.

Touch Zone (pts)

Distance from line that activates the trigger. Editable on panel.

TP / SL (pts)

Take Profit and Stop Loss for Single mode.

DCA Step (pts)

Price distance against position to open the next DCA order.

DCA Multiplier

Lot growth factor. Lot(N) = InitLot × Mult^N.

DCA TP (pts)

Points from weighted avg entry to close the entire chain.

Max SL ($)

Total floating loss limit before chain closes.

BE Trigger (pts)

Profit needed to move all SLs to break-even. 0 = disabled.

Magic Number

Unique order identifier. Change when running multiple instances.

 

Notes

      Requires a Hedging account for DCA mode. Single mode works on any account type.

      Attach to each chart separately — the EA only trades the symbol it is placed on.

      Always test on a demo account before going live. Risk management is your responsibility.

 

 

LineSniper EA    "Draw the line. Let it trade."

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