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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
1293
Max 2021.03.14 23:21 
 

super

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The S9M Trading Robot – a cutting-edge, fully automated 2nd generation InrexEA DB system by OpenEA. This innovative solution learns from XAUUSD market trends and incorporates the best aspects of the retired Ea YOLO Diamond Hands. Structure of InrexEA Database: Clients > InrexEA DB > OpenAI > InrexEA DB analysis > Clients  InrexEA DB is a cutting-edge database solution primarily built using the powerful Python programming language. It goes beyond the limitations of MQL4 and MQL5 codes to provide
TrendMaster FX MT4
Chen Jia Qi
4.88 (16)
Introducing our MT5 EA: Designed with advanced algorithms and utilizing deep learning technology, our Expert Advisor (EA) is crafted to assist you in the intricate world of forex trading. The system analyzes market behaviors and conducts transactions based on specific criteria, empowering you to engage with market trends more effectively. With the backing of nearly a decade of data, the EA employs deep learning to examine past market conditions, aiming to provide enhanced decision-making. Recom
US30 Scalper EA MT4
Lo Thi Mai Loan
5 (6)
Launch promo! Only 2 copies left at current price! Next price: 1533 $ Final price: 1993$ Buy US30 Scalper and you could get Quantum Algo Trading or Nasdaq Algo for free ! => Contact after purchase Live signal:  https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT5:  https://www.mql5.com/en/market/product/107337?source=Site+Profile+Seller More analytics:  https://www.mql5.com/en/blogs/post/756452 For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/use
Boring Pips MT4
Thi Thu Ha Hoang
5 (12)
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 ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool t
Btcusd Grid
Ahmad Aan Isnain Shofwan
BTCUSD GRID EA is an automated program designed to use the grid trading strategy BTCUSD GRID EA is highly useful for beginners and experienced traders alike. While there are other types of trading bots you can use, the logical nature of the grid trading strategy makes it easy for crypto grid trading bots to perform automated trading without issues. BTCUSD GRID EA is the overall best platform to use if you're looking to try out a grid trading bot. BTCUSD GRID EA is highly effective for the cryp
This EA was once our internally used premium EA, now offered to everyone after adaptive improvements. It utilizes stable time zone patterns, generates orders almost daily with a very high win rate, and is particularly suitable for clients with lower capital. Backtesting using MT5's "Every tick based on real ticks" mode yields results highly similar to live trading, no adjustments and showing long-term stability, indicating a mature strategy. However, everything has two sides. This EA's strategy
TopBottomEA
lizhi fu
4.67 (48)
TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
GRain EA MT4
Roman Erokhin
4.5 (6)
Good afternoon. My name is Roman, I am the creator of Gold Rain EA. I have been preparing for its realization for a long time, went through a lot of tests and now I finished the product and went on sale with a live good signal. My motto is to use only live signals, I do not release products without history or lack of real accounts. Now you have the opportunity to try Gold Rain EA in your hands. I will help every client to customize and install EA, from beginner to pro. Tired of complicated EA mo
Dark Algo
Marco Solito
4.75 (52)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market trends .
FT Gold Robot MT4
Marzena Maria Szmit
4.4 (35)
Introducing the FT Gold Robot MT4, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with   XAUUSD pairs . With its advanced analytical capabilities,   FT Gold Robot   constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every da
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Max
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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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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.