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Trendline Executor EA

Trendline Executor is a unique expert advisor for MetaTrader 4.

This EA will help you open your order based on your trendline or horizontal line in your charts.

You need to analyze the market by drawing trendline/horizontal line in your chart, then name it according to the setting (Name of your line).

Example :

After drawing trendline, rename the trendline to "sl". (without " ")

"sl" means Sell Limit, if price touches this line upward then this expert advisor will open an instant Sell order.

You can use your favorite indicator that produces trendline / horizontal line and combine it with this EA, so it works automatically for you. Just edit the parameters of this EA for the name of your trendline/horizontal line


Expert Advisor parameters

  • MagicNumber - unique number for identify each order for different currency pair
  • Slippage - maximum allowed price difference in pips to execute instant order by broker
  • Lots - lot size
  • Using_TrailingStop - activate the trailing stop function ( if YES then will activated Trailing Stop )
  • TrailingStop - distance in pips from current price to order open price to activate trailing stop
  • TrailingStep - distance that will move the stop loss

NameOfYourLine = :::Line name for open Buy/Sell:::

  • BuyStop_Line - name of trendline/horizontal line to activate buy order if price touches this line upward
  • BuyLimit_Line - name of trendline/horizontal line to activate buy order if price touches this line downward
  • SellStop_Line - name of trendline/horizontal line to activate sell order if price touches this line downward
  • SellLimit_Line - name of trendline/horizontal line to activate sell order if price touches this line upward

NameOfYourTakeProfitLine = :::Line name for TakeProfit:::

  • BuyStop_TakeProfit_Line - name of trendline/horizontal line to activate take profit of buy stop
  • BuyLimit_TakeProfit_Line - name of trendline/horizontal line to activate take profit of buy limit
  • SellStop_TakeProfit_Line - name of trendline/horizontal line to activate take profit of sell stop
  • SellLimit_TakeProfit_Line - name of trendline/horizontal line activate take profit of sell limit

NameOfYourStopLossLine = :::Line name for StopLoss:::

  • BuyStop_StopLoss_Line - name of trendline/horizontal line activate stop loss of buy stop
  • BuyLimit_StopLoss_Line - name of trendline/horizontal line to activate stop loss of buy limit
  • SellStop_StopLoss_Line - name of trendline/horizontal line to activate stop loss of sell stop
  • SellLimit_StopLoss_Line - name of trendline/horizontal line to activate stop loss of sell limit
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Money Manager is an exclusive panel to process all calculations related to position sizing and risk management. Position sizing is one of the most important aspect in trading. It is often neglected by traders and this is a big mistake. Traders often look for strategies with high win rates whereas in fact one can earn very good money in the market with only 40% to 50% winning rate. How is that possible to earn money with such a low winning rate? The answer is position sizing and risk management.
165 USD
Writing Data
Denis Danilov
There are situations when it is necessary to open a deal and hold it open a day or even more. After closure, we need to analyze what happened while the position was open. Such an analysis may be useful for example when analyzing basket trading. The program writes to a file information about profit and points (distance from an open order) for each open order in the terminal. Data is recorded in a specified period configured in seconds, to a csv file. The following should be done in order to start
199 USD
Pairs Trade
Oleg Pechenezhskiy
The Pairs Trade indicator is a utility for semi-automatic pair trading. It allows combining the charts of two arbitrary instruments, even if the schedules of their trading sessions are different. It displays a spread chart in the form of a histogram with an overlaying moving average. It calculates the swap that will be charged for the synthetic position (in the deposit currency). It is possible to set a level for automatic opening of a synthetic position on the spread chart (analogous to the 'se
360 USD
Corporate Report
Pavel Verveyko
The script displays info about the share's corporate reports. The data is downloaded from https://investing.com/earnings-calendar/ : Report date Profit per share (EPS) Revenue Market capitalization The product cannot be tested in the tester (since it is not possible to receive data from the Internet). Try the demo version to assess the functionality ( https://www.mql5.com/en/market/product/23717 ). The program works the following way: Searches for information on the ticker on which the program i
275 USD
Auto Stop Take Profit Stacker EA
Michael Kroeker
This Stacker EA will: Automatically set Stop loss on a new order Automatically set Take profit on a new order Stack (or open up to 4 additional orders at the same time) when a new order is placed, the SL/TP can be preset individually for each order. Provides a transparent replacement for the standard 1-click trading buttons in MetaTrader 4 (1 click still works and SL/TP will automatically be set as well as Stacking). Automatically calculate lot order size according to preset risk management perc
3 500 USD
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Show Candle
Pandu Swasonoputra
The indicator Show Candle is a unique, professional financial instrument based on price movement, which is able to calculate length of candle in any Time Frame. This indicator will be show you information from each candle about the length of upper shadow, lower shadow, body, Hi-Low candle. Many trading strategy can be using this indicator (Reversal Strategy , Breakout Strategy, News Trading, etc). So this will be very usefull to analyze each candle from any time frame. Indicator parameters: Up
20 USD
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