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
1708
Max 2021.03.14 23:21 

super

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Your safety net to turn losing trades into winners Have you ever taken a trade at literally the worst possible moment? Have you ever bought an asset just before a significant price crash? Or perhaps you've gone short at the worst possible moment before a rip-off rally? I have. And it sucks. It's one of the worst feelings in the world. Like a kick in the groin. To come out unscathed and in profit from these situations, I developed PZ Hedging EA. [ User Guide | Installation Guide | Update Guide |
Apex Carry Edge is an automated carry trading strategy focused on long-term trending movements of JPY currency pairs while also profiting from positive swaps during long position holding. JPY currency pairs such as GBPJPY and USDJPY have unique long-term market behavior influenced by interest rate differentials, central bank monetary policies, and global risk sentiment. These pairs are strongly affected by carry trade capital flows and the historically low interest rates of the Japanese Yen. As
Xyron Edge MT4
Ahmad Sidik
3 (2)
Xyron Edge is a Professional breakout Expert Advisor (EA) designed to trade market structures by utilizing swing high and swing low levels. The EA places pending orders above resistance areas and below support areas to capture breakout movements while maintaining controlled risk management. --------- EA Setting & Preset :  EA Input Settings Guide Live Signal :  https://www.mql5.com/en/signals/2395361 --------- Key Features Fully automated trading Dynamic support and resistance detection Pen
EA Budak Ubat
Syarief Azman Bin Rosli
4 (3)
Download Trial EA Budak Ubat Channel Limited Time Price! The price will increase by 10 USD after every 10 purchases! How it works When the EA is active, it will analyze the chart based on the Execution Mode parameter. If there are no existing positions on the chart, the EA will enter a trade based on the parameter. If the trend is bullish, it will enter a buy trade and if it is bearish it will enter a sell trade. And it will also set a Stop loss order at a certain distance from the opened trad
Just like that
Soolmaz Baramakeh
5 (1)
Price update As announced earlier, the price of this EA is now $119 . The next price increase will happen after 3 more sales . Thank you for your trust, and wish you profitable trading! Explanation of how the " Just like that " Expert Advisor trades. 1 - This is a scalping-style trading Expert Advisor. This Expert Advisor makes trading decisions based on market movement speed, an analysis of candlestick behavior, and the power of the Heiken Ashi system. 2 - It is an excellent choice for
Big Forex Players MT4
MQL TOOLS SL
4.63 (43)
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
C3PO v2
Yury Emeliyanov
The advisor is designed for trading the EUR/GBP currency pair using the M30 timeframe, but its functionality allows it to be used with other major pairs after preliminary testing with minimal risks. The advisor's settings include the ability to adjust the lot size, enabling customization to suit the user's preferences. Key Features: Operates based on the Steady Bands and Bollinger Bands indicators combined with other elements of the trading system. Trades are opened only when all criteria specif
Infinity Trader EA
Lachezar Krastev
5 (20)
BLACK FRIDAY SPECIAL: 70% OFF + FREE GIFT! Massive savings on our top automated systems: Buy Infinity Trader EA: Only $197 (Save 70% — Regular price: $547) BONUS EA: Get Crypto Master EA 100% FREE (Regular price: $497) Total Value: $1044 — Yours today for just $197! How to claim: Direct message (DM) us your purchase confirmation to unlock your free Crypto Master EA license! Full offer details & live performance stats: https://www.mql5.com/en/blogs/post/778315 Infinity Trader EA Live Results:  h
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Max 2021.03.14 23:21 

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LIN999
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LIN999 2018.04.19 11:37 

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