Market / MetaTrader 4 / Experts /

Triangle Trader

30 USD

Demo downloaded: 786

Published: 11 September 2018

Current version: 2.71

Triangle Trader

Experts
Yaser Sabbaghi
Version: 2.71
Updated: 16 June 2019
Activations: 5

Triangle Trader ( Triangile Trader )

This EA assist professional traders for semi-auto trading. It takes position when the price break out the hypotenuse and adjacent leg of TRIANGLE in the chart.
When the trader can not distinguish the trend and possibility of both BULLISH and BEARISH break out are expected, this EA will be trader magic stick.
At this EA, trader needs to adjust two plotted Trade Lines in the chart as Hypotenuse and Adjacent Leg of a TRIANGLE. The opposite leg will be draw by EA and the EA will open position when the price break the TRIANGLE out.

Discounted price offer for limited time. Normal Price is 59$. Discounted price is 30$. Please add review and give 5 star. It help me to gain resource to update and improve this product.

This EA can also takes position when the price touch or cross the "Trade Line" plotted by trader.
Every smart features such as dynamic "Take profit" and "Stop loss" calculation, Money management, Trail, SL move to Break even point, Time management, Slippage and Spread control has been included in this EA.
Using a DASHBOARD inside the chart helps trader to change most important EA parameters from the DASHBOARD by clicking over the bottoms.

Trend Line is a plotted line on chart by the trader and acts as a guidance for the EA and shows the trend direction.
Trend Type can be set to SELL, BUY, SIDE and Trend Line.
Trade Line is a plotted line on chart by the trader and acts as a trigger for position entry. Trade Line lets trader to use two powerful strategies for market entry, the Break-Out and Reversal strategy. When the price gets to the resistance/support levels, two probabilities are going to happen. Price may break-out the level or price may touch and reverse.
Trade Type can be set to "TRIANGLE", for TRIANGLE break out strategy.
Trade Type can be set to "Trend Line Cross" when the trader estimates that the price is going to break out the key level. It can be set also to Trade Line Touch when the trader estimates the price is going to touch the key level and will reverse.
Trade Type can be set to "Dual Line Touch Cross" when the trader decides to engage both Break-Out and Reversal strategies together. The EA will plot two lines over the chart and then the trader have to adjust the lines. The first line cause the EA to take position when the price/candlestick crosses the line and the second line cause the EA to take position when the price touches the line.

Expert Advisor Inputs

Time Frame: It is the time frame that the trader is willing to trade. Candlestick close, TP and SL calculation are based on it.
Trade Type: It can be set to"Triangle" or "Trade Line Break Out" for break-out strategy and "Trade Line Touch" for reversal strategy.
Trend Type: It can be set explicitly to SELL, BUY and SIDE Way. For dynamic trend detection it can be set to "Trend Line" — the trend direction is depends on how the trader draws the "Trend Line", if the price level is below or above the "Trend Line".
SLTP Type: It can be set to "Nothing" for no StopLoss/TakeProfit, "UseATR" to calculate StopLoss and TakeProfit based on ATR and "Static" to calculate it equal to Min_TakeProfit and Min_StopLoss.
TP ATR Multiplier: ATR (Average True Range) multiplier for TakeProfit calculation.
SL ATR Multiplier: ATR (Average True Range) multiplier for StopLoss calculation.
Min_TakeProfit: Minimum desired value in points (not in pip) for TakeProfit.
Min_StopLoss: Minimum desired value in points (not in pip) for StopLoss.
Trail Type: "ByADR" trailing based on Average Daily Range, "LastLowCandle" means trailing when the position is in profit at "Trail Static" points and set the SL distance by the Last Candle High/Low.
Trail ADR Percent: The percentage of Average Daily Range for trailing calculation.
Trail Static: Trailing based on a static amount of points (not in pips) or as a value for "LastLowCandle".
Break Even point: The number of profit points that a position has made to the StopLoss to break even.
Risk Percentage: For Money Management and Lot size calculation - amount of risk per position.
Lot: The static lot size instead of dynamic Money Management.
Begin Hour: EA operation timing, the EA will open trades after "Begin Hour".
End Hour: EA operation timing, the EA will not open trades after "End Hour".
Magic Number: ID to detect EA's positions.

more...

arigunawan3105 2020.08.04 10:19 #

Great EA and work well. For me all setting is set as default, I only change for time on/off to 24 hours and static lot size. Thank you for making this great EA.

2359

Vitali Kadel 2020.04.04 17:38 #

Для работы с фигурой треугольник, то что надо. Вот это товар , надо брать!

anhur 2019.07.09 20:56 #

I love this EA,

Its just what I needed to execute my trading strategy.

Thanks Yasser for making this EA and sell it at an affordable price.

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Tailored specifically for prop firm challenges and live prop firm accounts, the Algo Gold Premium Expert Advisor functions as a scalping robot, employing an innovative low-risk strategy. When equipped with a chosen setfile, this expert advisor efficiently completes a prop firm challenge within a week, enabling swift acquisition of a funded account. With a robust risk management system in place, the EA automatically halts trading once the profit target set by your prop firm is achieved. Shou

190 USD

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

2 999 USD

Telegram Forwarder can forward all activities related to trades and position taking as a signal to Telegram messenger. It can also forward indicators' alert to Telegram if you modify indicator code (I can do it for you too) to hand over alerts to Telegram Forwarder. This EA is intended for business and professional usage. You can introduce your own Telegram bot and customize water mark in screenshots. Telegram forwarder is able to forward signals for "new order", "modification of order", "Pendin

30 USD

This SMART Expert Advisor trades SAFE and STEADY a nd manages all position's risk. This is why we call it Smart Safe Steady . Features Scalper: It is Scalper EA, but does not accept risk a lot to trade over sized, although you can bypass it's default setting in your own risk. Conservative: It is not going to keep trades open in high volatile market so it is SAFE and would close the trades even in zero profit. Martingale: This is not loss accepting so in case of loss, it runs special type of Mar

FREE

This indicator shows the realistic and precise trend. The plotted line as a trend indicator is the best secure place to set the stop-loss. In case that trend is bullish you will see the plotted line under the candles and in the case of the bearish market, the plotted line is on the upper side of candles. Buy paid version of this indicator which it is Statistical Support Resistance .

FREE

It is CCI indicator with very smooth and noiseless movement that calculates four levels of buy, sell, overbought and oversold dynamically. Professional traders know well that level of 100, 200 or -100 and -200 are not always right and need fine adjustments. This indicator calculates those levels dynamically by using mathematics and statistic methods in addition to shows divergence between indicator and price. Like original CCI, for best result you have better to set proper value for CCI period b

49 USD

Advanced and affordable momentum indicator that fade the fake move of market. It is smoothed because of special sophisticated exponential averaging calculation. It is also similar to special type of CCI with more tolerance to overbought or oversold conditions with built-in momentum indication. This indicator is able to empower your trading as a trend detector, CCI and market momentum scale measurement. Features Smoothed to filter uncomfortable noises. Non-Lagging Exponential averaging. Line or

50 USD

You may see how Martingale EAs crudely re-open doubled size new trades in fixed steps and continue this rudimentary decisions until to reach account call margin; this is a big problem. The resolution to this problem is a Smart EA that calculates accurate entry points for every single order, a Safe EA that observes market volatility to exit from high risk situations and conditions, and finally a Steady EA to satisfy traders and investors for a long period. This is why this EA is called Smart Sa

59 USD

Set TP and SL like Financial Institutions Traders' TP expectations do not often occur and their SL often hits when they only rely on primitive indicators like pivot-points and Fibonacci or classic support or resistance areas. There are a variety of indicators for support/resistance levels, whereas they are seldom accurate enough. Classical support/resistance indicators, often present miss levels and are not noteworthy based on current market volatility dynamic. Fibonacci is good but not enough

69 USD

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arigunawan3105 2020.08.04 10:19 #

Great EA and work well. For me all setting is set as default, I only change for time on/off to 24 hours and static lot size. Thank you for making this great EA.

2359

Vitali Kadel 2020.04.04 17:38 #

Для работы с фигурой треугольник, то что надо. Вот это товар , надо брать!