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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
1261
Max 2021.03.14 23:21 
 

super

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Buy not a backtest, but a real trading system:     Live Signal 1     Live Signal 2       Live Signal 3   This price is temporary for the duration of the promotion and will be raised shortly Get 1 EA for free -> contact me after purchase There are only a few copies left at the current price, the next price is -->> 1480 $ Welcome to the GoldPulse AI Hey, I'm GoldPulse AI! This is the first smartest robot that trades gold or XAU with full pairs like XAUUSD, XAUEUR, XAUGBP, XAUAUD, XAUJPY, X
Gold Trading Algo
Ho Tuan Thang
3.85 (13)
ONLY 3 COPIES OUT OF 10 LEFT AT $299! After that, the price will be raised to $399. Limited price $299 is only for 10 first sales. After 10 sales, the price will be raised +$100. Final price for Gold Trading Algo is $1999. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Forex EA Trading Channel:  Update the latest news from me Some Features: - No Martingale, No Grid - The order is always protected by Stoploss - EA is using in-bu
Boring Pips MT4
Thi Thu Ha Hoang
5 (12)
Get ready for the biggest sale of the year! Version 4.0 is here and we're offering a massive 40% discount on our Boring Pips product. Now available for just $299! But hurry, this offer is only valid until July 18 or until 10 copies are sold (whichever comes first). Don't miss out on this amazing deal! Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is Over-fitting . Many EAs are created to ‘l
XG Gold Robot MT4
Marzena Maria Szmit
4.46 (26)
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
Bitcoin Robot MT4
Marzena Maria Szmit
5 (12)
The Bitcoin Robot  MT4 is engineered to execute Bitcoin trades with unparalleled   efficiency and precision . Developed by a team of experienced traders and developers, our   Bitcoin Robot   employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with   M5 timeframe , ensuring that you never miss out on lucrative opportunities.   No grid, no martingale, no hedging,   EA only open one position at the sa
Tiger Trade Pro
Soraya Bahlekeh
5 (9)
Original price $269 —> 50% discount only $129 Live Results :   link in Bio Tiger Trade Pro - Your Key to Confident Trading! Tiger Trade Pro is a real and consistently profitable EA that uses the Scalp-Trend system and has a very favorable risk compared to other similar EAs. This EA offers both simple and advanced settings to match your trading style. Tailored Settings:  Whether you prefer simplicity or advanced controls, Tiger Trade Pro has you covered. Advanced options include: Trailing
FXMachine
Alexander Kozachuk
4.75 (12)
Statistics on a real account since 2020 Backtest for the last 13 years Low drawdown strategy Multi-currency algorithm Compatible with any broker Proven drawdown control system Trading on a real account since 2020 : Click Here Trading on USDCAD, EURGBP, GBPUSD, EURUSD: Click Here Trading on EURGBP: Click Here Trading on GBPUSD: Click Here Full backtests of the FXMachine EA are available for download here: Click Here About us: The development and support of FXMachine and our oth
Daytrade Pro Algo
Profalgo Limited
5 (6)
Launch Promo: Limited number of copies available at current price Final price: 990$ NEW: get 1 EA for free! (for 2 trade accounts) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Welcome to DayTrade Pro Algo!  After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs: It is broker independent It is spread independ
Future Sight MT4
Sang Sariaji Sakti
$699.99 END ON THURSDAY, AUGUST 01, 2024 !   "FUTURE SIGHT OFFICIALLY ONLY SOLD IN MQL5" SAVE YOUR MONEY FOR THE AUTHENTIC FUTURE SIGHT, NOT WORTHLESS PIRATED COPIES. NEXT PRICE $850.  AFTER PURCHASE PLEASE READ CAREFULLY EVERY DETAIL I HAVE WRITTEN IN THE DESCRIPTION!!! FUTURE SIGHT WITH A  WIN RATE OF MORE THAN 80% , OPENING 10 TO 20 OR MORE TRADING EVERY DAY ON 8 SYMBOLS, LOW RISK WITH  "SPECIAL PARAMETER - EXPECTED DD"  THAT YOU CAN SET,  FUTURE SIGHT PROVEN WITH 3 REAL LIVE TRADING ACCOUNT
One Gold MT4
Stanislav Tomilov
4.64 (11)
Welcome to the world of next-generation investments with our unique trading robot for gold on the MetaTrader platform! Our proprietary developments represent the pinnacle of advanced data analysis computational platforms in the world of trading. One Gold EA is a genuine smart algorithm, operating at a level beyond human traders' reach. Its unique method is based on the principles of a neuroscanner and advanced technologies in neural networks, EA is capable of analyzing historical and current dat
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Max
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Max 2021.03.14 23:21 
 

super

LIN999
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LIN999 2018.04.19 11:37 
 

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Version 2.1 2018.08.30
(1) Fixed bug in printing log.
Version 2.0 2018.03.15
Version 2.0
1) Removed a useless function for less CPU consuption.
2) Added ability to adjust a font size.
3) Improved trading signals and detecting points for reverse trading.
4) Added the SAR STOPLOSS option.
5) Added the TRENDLINE STOPLOSS option.