Trendline Magic

5

Multi Feature Robot suit for trading in semi automatic mode.

The robot uses Heiken Ashi indicator to form signals. It provides two options for trades.

1. Heiken Ashi trade - use signal trade for buy and sell.

2. Reverse trade - use Heiken Ashi stop loss for buy stop and sell stop.

Also, provide additional feature for a trader which is:

3. Trend line trade - use trend line for buy and sell.

This trend line trade feature is not for fully automated trading because it needs trend line input. Trader creates a trend line as needed then turns Trade trend line on.


Automatic Trade

To trade automatically, just set the parameter and then run as normal. This trade uses Heiken Ashi only.

A trader needs to find a suitable chart of currency pair and align the parameter to match its historical data. Then, you can trade.

Please keep in mind that most currency pairs reject the Heiken Ashi indicator, as there is much noise on the midway to activate a stop loss.

So you need to monitor it closely. However, it could be good for trading on this suitable chart.


Semi Automatic Trade

The best way to trade with Heiken Ashi indicator is a Semi Automatic mode. It requires a plan for trading:

  • Entry strategies use the Reverse Heiken Ashi trade/trend line trade/Heiken Ashi trade.
  • Exit strategies use trend line stop loss/trend line take profit/HA stop loss/SAR stop loss.


Trading based on trend lines

  1. Create a trend line as needed, the robot will modify color to "YELLOW", "RED" or "AQUA".
  2. The "Yellow line" - for break trade level.
  3. The "Red line" - for resistance means a sell level.
  4. The "Aqua line" - for support means a buy level.
  5. A trend line changing color to "Yellow" means changing a trend line to break a trade.
  6. A trend line changing color from "Yellow" means changing a trend line to resistance/support.
  7. Turning on Trendline Trade lets the EA send an order when an appropriate line is reached.


Live menu on the chart

  1. HEIKEN ASHI TRADE ON/OFF - turn on/off HEIKEN ASHI TRADE MODE.
  2. HEINEN ASHI REVERSE ON/OFF - turn on/off HEIKEN ASHI REVERSE TRADE MODE.
  3. TRENDLINE TRADE ON/OFF - turn on/off TRENDLINE TRADE MODE.
  4. HEIKEN ASHI STOPLOSS ON/OFF - turn on/off HEIKEN ASHI STOPLOSS.
  5. SAR STOPLOSS ON/OFF - turn on/off SAR STOPLOSS.
  6. TRENDLINE TAKEPROFIT ON/OFF - turn on/off TRENDLINE TAKEPROFIT (the robot uses a yellow trend line as a take profit level of buy/sell order).
  7. TRENDLINE STOPLOSS ON/OFF - turn on/off TRENDLINE STOPLOSS (the robot uses a red and aqua trend lines for a stop loss level of buy/sell order).

In the stop loss selection: If select SAR STOPLOSS and HEIKEN ASHI STOPLOSS, the robot selects the nearest one. However, TRENDLINE STOPLOSS cannot be used together with HEIKEN ASHI STOP LOSS or SAR STOPLOSS because the trend line can move up or down.

In automatic trade mode all of them could use together. The EA provides separate magic numbers. Only trend line trading allows you to use a custom magic number, since it is open for manual trade. Besides, other signal can be allowed for the stop loss or take profit system.


Parameters

  • HEIKEN ASHI TRADE (YES/NO) - auto trade with Heiken-Ashi module.
  • REVERSE HEIKEN ASHI TRADE (YES/NO) - auto trade with reverse module.
  • LOTS for HEIKEN ASHI TRADE = 0.01 - lot size for trading Heiken-Ashi module.
  • LOTS for REVERSE TRADE = 0.02 - lot size for trading in reverse module.
  • LOTS for TRENDLINE TRADE = 0.20 - lot size for trading in trend line module.
  • SELECT OPTION TO STOPLOSS FOR TRADE =PIP_SL - the stop loss option to be applied for robot's stop loss.
  • SELECT OPTION TO TAKEPROFIT FOR TRADE=PIP_TP - the take profit option to be applied for robot's take profit.
  • MAGIC NUMBER FOR MANUAL TRADE = 0 - unique number for trendline module (if select 0, stop loss module will be applied to all magic numbers).
  • TARGET = 3000 - target for each trade in pips.
  • STOPLOSS = 350 - stop loss in pips for each trade of reverse module.
  • STEP = 2 - step in pips.
  • BREAK EVEN IN PIP =50 - break even in pips.
  • TRAILING STOP IN PIP =350 - trailing stop loss in pips.
  • HEIKEN ASHI OFFSET = 50 - offset level for Heiken-Ashi trade module from the signal level.
  • TREND LINE OFFSET = 100 - offset level for trend line trade module from the trend line level.
  • iFONT_SIZE = 9 - font size.
  • TIMEFRAME FOR TRENDLINE TRADE=PERIOD_M1 - the timeframe to control trend-line trade module.
  • TIMEFRAME FOR HEIKEN-ASHI TRADE=PERIOD_CURRENT - the timeframe to control Heiken-Ashi trade module.
  • TIMEFRAME FOR REVERSE TRADE=PERIOD_CURRENT - the timeframe to control reverse trade module.
  • TIMEFRAME FOR SAR STOPLOSS=PERIOD_H4 - the timeframe to apply in Palabolic-Sar stop loss calculation.
  • TIMEFRAME FOR HA STOPLOSS=PERIOD_H4 - the timeframe to apply in Heiken-Ashi's stop loss calculation.


Reviews 2
Max
1639
Max 2021.03.14 23:21 
 

super

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The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
SentinelAI
Valeriia Mishchenko
Experts
No losing months since August 2019, with a 2.04% monthly gain: Live performance MT 5 version can be found here Sentinel AI is fully automated trading system is built for major forex pairs such as EURUSD and GBPUSD on the M5 timeframe. By combining price action and mean reversion principles with advanced AI-driven analytics, it is designed to identify potential trend reversals and exploit market inefficiencies with greater accuracy and efficiency. Supported currency pairs: EURUSD, GBPUSD Timefram
AI Prop Firms MT4
MQL TOOLS SL
5 (4)
Experts
AI Prop Firms - Intelligent Automation Built for   Prop Trading Firms . AI Prop Firms is an advanced fully automated Forex trading system powered by   Artificial Intelligence , developed specifically to operate within the strict rules and evaluation models of prop trading firms. The system is designed to trade under controlled risk conditions while   maintaining consistency , stability, and compliance with prop firm requirements. AI Prop Firms uses intelligent market analysis logic that continu
GOLD Scalper PRO
Lachezar Krastev
4.46 (24)
Experts
ULTIMATE SALE! Get GOLD Scalper PRO with a huge –60% discount ! Special Ultimate Sale Price: $177 (Regular Price: $447 — You Save $270! Don't Miss!) Live Results:   https://www.mql5.com/en/signals/2353871 GOLD Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! You should not be fooled by the low price – GOLD Scalper Pro is a very effective and profitable trading strategy, professionally developed especially for tra
EA Sweet Dreams
Vasiliy Strukov
5 (1)
Experts
EA Sweet Dreams is a trend following trading system powered based on my own indicator.  It follows a martingale grid strategy.  This EA is suitable for any currency pair and any time frame, however it performs exceptionally well on strong trending instruments such as xauusd on the M15 time frame. Real-time results can be viewed  here . Contact me immediately after the purchase to get personal bonus!  You can get a free copy of our Strong Support and Trend Scanner indicator, please pm. me! Settin
Multi Sniper mq
DMITRII GRIDASOV
5 (3)
Experts
MULTI SNIPER EA is precise automatic trading system with around 90% accuracy for MT4 platform. This profitable scalping EA is really one of the most stable system on the market at the present time. No grid! No martingale! It is original product which is offered only on this MQL5 website. Download EA Set_files for testing and trading: GBPAUD Set_file GBPCAD Set_file - Implemented compound interest method and scalping techniques. - System sets dynamic SL automatically depending on market volati
Forex Dominance MT4
Ebrahim Mohamed Ahmed Maiyas
5 (2)
Experts
An advanced Expert Advisor powered by artificial intelligence and machine learning, specifically designed for analyzing Forex Market. It adapts to price movements and market fluctuations to detect potential trading opportunities. Discounted price   . The price will increase by $50 with every 5 purchases. No Risky Strategies   –   Does not use martingale or grid methods Artificial Intelligence Integration: At the heart of this EA les a sophisticated AI engine capable of recognizing complex patte
Forex Diamond EA
Lachezar Krastev
5 (5)
Experts
ULTIMATE SALE ! Get Forex Diamond EA with a huge –60% discount ! Special Ultimate Sale Price: $217 (Regular Price: $547 — You Save $330!) Forex Diamond EA – Reliable Automated Trading Powered by Smart Algorithms Forex Diamond EA is a proven expert advisor designed to deliver consistent results using a combination of trend and counter-trend strategies. Trusted by thousands of traders since its launch, Forex Diamond EA stands out with its intelligent trading logic, adaptive money management, a
Saints Row Aggressive Scalper
Nervada Emeule Adams
2.5 (2)
Experts
Saints Row Aggressive Scalper is a high-frequency trading (HFT) Expert Advisor built for traders who demand fast execution, sharp entries, and consistent performance in volatile markets. Designed specifically for XAUUSD (Gold) and USTEC (NASDAQ), this EA is engineered to capitalize on rapid price movements using a precise and aggressive scalping approach. It performs exceptionally well during the New York trading session, where liquidity and volatility create optimal trading conditions. IMPORTA
Big Forex Players MT4
MQL TOOLS SL
4.73 (45)
Experts
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
Trend Predictor EA
AW Trading Software Limited
4.47 (15)
Experts
AW Trend Predictor EA - an Expert Advisor that trades using trend indicator signals AW Trend Predictor. Uses indicator strategies TakeProfit and StopLoss. Can use multi-timeframe filtering. Has a fixed StopLoss or StopLoss calculated by the indicator. Time-based work and averaging are functionally possible. Instruction and description ->  HERE  / MT5 version ->  HERE   Benefits: Uses a fixed StopLoss or dynamic StopLoss calculated by the indicator based on the current volatility Has the functi
Forex Alpha MT4
Ebrahim Mohamed Ahmed Maiyas
Experts
Forex Alpha MT4   is an advanced Expert Advisor specifically designed For major forex currency pairs   . It is powered by a modern artificial intelligence model trained on historical   major forex currency pairs   price data and runs directly inside   MetaTrader 4   using ONNX technology. The EA analyzes price movements, detects complex market patterns, and automatically executes trades based on AI-driven predictions. Discounted price   . The price will increase by $50 with every 5 purchases. N
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Max
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Max 2021.03.14 23:21 
 

super

LIN999
238
LIN999 2018.04.19 11:37 
 

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