TrendLine Master Pro
- Experts
- Version: 1.60
- Activations: 5
Draws and trades real trendlines on M15, H1, H4 and D1 automatically. Bounce and breakout entries, trendline targets, and step-by-step dollar trailing that locks in profit as the trade grows.
Description
TrendLine Master Pro turns classic trendline trading into a fully automated system. The EA finds swing highs and lows on four timeframes, tests every pair of pivots as a possible trendline, and keeps only valid lines: those that no candle has closed through. For each timeframe it selects the strongest support and resistance line, based on the number of touches, how recent the line is, and a realistic angle.
These lines are drawn directly on your chart: support in green, resistance in red, with thicker lines for higher timeframes and a label showing the timeframe and number of touches. Lines that have just been broken are shown dashed. To keep the chart fast, all old EA objects are removed automatically at the start of each new day and only the current lines are redrawn.
Every trade decision uses all trendlines together. Each timeframe votes up, down or flat from its line slopes and fresh breakouts. The votes are weighted, with higher timeframes counting more, and the result, the trendline consensus, sets the position size: full size when the trade agrees with the higher timeframes, reduced size when it doesn't.
Trades open on three trendline events: a rejection bounce from a trendline, a strong breakout candle through a trendline, or a higher-timeframe breakout confirmed on the entry timeframe. The take profit is placed at the next opposing trendline, and open profit is protected by a dollar-based trailing stop.
Features
- Automatic trendline detection on up to 4 timeframes (default M15, H1, H4, D1)
- Only valid lines are used: no candle may close through a trendline
- Best support and resistance line selected per timeframe, by touches, recency and slope
- Trendlines drawn on the chart with timeframe labels and touch counts
- Broken trendlines shown as dashed lines for breakout context
- Automatic daily chart cleanup: previous days' objects are removed to keep the chart light
- Weighted multi-timeframe trendline consensus used to size every trade
- Three entry types: trendline bounce, trendline breakout, higher-timeframe breakout confirmation
- Take profit at the next opposing trendline, with a minimum reward-to-risk rule
- Stop loss placed beyond the trendline structure, with an ATR buffer
- Dollar-based trailing stop: for example, at $10 profit the SL locks $5, at $15 it locks $10, and so on
- Optional trailing along the entry-timeframe trendline
- Break-even and exit when the trendline you're trading breaks
- Close on an opposite trendline signal (optional)
- Risk-per-trade position sizing or fixed lots
- Works 24 hours; every filter is optional and can be switched on or off
- Optional protection: daily loss limit, loss-streak stop, max trades per day, spread filter
- On-chart dashboard: trendlines per timeframe, consensus, live trail status, results by entry type
- Works on 4- and 5-digit brokers, hedging and netting accounts
Recommended settings
- Symbol: XAUUSD (Gold)
- Chart timeframe: M15
- Minimum deposit: $500 (recommended $1,000+) with 1% risk per trade
- Account: any broker with low spreads on gold; ECN recommended
