Market / MetaTrader 4 / Utilities /

Strx Trendline Break and Bounce Trader

199 USD

Demo downloaded: 66

Published: 2 March 2018

Current version: 1.24

Strx Trendline Break and Bounce Trader

Utilities
Francesco Strappini
Version: 1.24
Updated: 10 October 2020
Activations: 5

🔥 Buy or rent it and request a copy of the Antimartingale EA for free 🔥

Trendline based utility, you design your trendlines or horizontal lines, the EA opens trades for you

Possibility to trade on break and/or bounce events
Indipendent break and bounce settings
Configurable market, stop and limit orders
T1T2 Logic to lock profits and minimize losses
Trailing Stop Loss
Max Spread check
Notifies you when your trendlines are crossed
No strange trendline name or syntax, you decide the color of trendlines to monitor and EA open trades for you or only notify you as soon as they are crossed.

Testable in MT4 strategy tester; being a semi-automatic EA it is backtestable in visual mode.

T1T2 means that when points specified are reached, half of order gets closed and stop loss moved to breakeven.

Works on every pair and every timeframe; best results obtained on H4 timeframe, but can be used even for scalping on M5 and M15

EA works in points, 10 points always equal to 1 pip even if your account is a 4 digits account: for example, 20 pips stop loss always equal to 200 points.

Input parameters

MagicNumber: EA magic number, must be unique for every EA instance and different from any other EAs magic numbers
ActiveTrenlinesColor: EA watches trendlines and horizontal lines of this color; every other trendline or horizontal line is ignored
ActiveTrenlinesStyle: Style of the line to watch for
ATRPeriods: Number of bars to calculate ATR for the current timeframe; ATR is used to determine orders distance
TradeTrendlineBreak: if true, when a trendline or horizontal line gets crossed, EA open a trade in same cross direction; for example, if a support line gets broken, EA open a SELL trade, otherwise if a resistance line gets broken EA open a BUY order.
BreakPendingOffsetUnits: 0 means to open a market order, a positive value will open a STOP order, a negative value will open a LIMIT order; this number is multiplied for ATR to determine the order distance from current price
BreakSLUnits: Initial Stop Loss ATR factor; this number is multiplied by calculated ATR to determine SL distance
BreakTPUnits: Initial Take Profit ATR factor, this number is multiplied by calculated ATR to determine TP distance
BreakTP2Units: Second Take Profit ATR factor, this number is multiplied by calculated ATR to determine TP2 distance
BreakLots: Trade volume for break events
TradeTrendlineBounce: if true, when a trendline or horizontal line gets crossed, EA open a trade in opposite cross direction; for example, if a support line gets broken, EA open a BUY trade, otherwise if a resistance line gets broken EA open a SELL order.
BounceXXX parameters are similar
DeactivatedTrendlinesColor: deactivated trendlines color
TrailSLPoints: Trailing Stop Loss points; the more your trades get profitable, the more your stop losses get smaller securing profits and limiting losses
T1T2Points: when a profitable trable reach this number of profit points, half of order gets closed and stop losses is moved to open price (breakeven). This is a common strategy used by many FX professionals
MaxSpreadPoints: orders are opened only if spread is less or equal than this value
PendingOrdersExpirationSeconds: in case or stop or limit orders, they will expire after the number of seconds specified here
CancelOrphanPendingOrder: if true, if you decide to open 2 limit orders in case of break and bounce, when one is activated the other gets canceled avoiding edging and/or unwanted doubled orders
NotifyTrendlineCross: if true, when a trendline or horizontal line gets crossed, a notification will be sent to you linked smartphone with MQL app installed
MagicNumber: number used by EA to identify its orders; if 0 it is auto-generated by pair and timeframe; if you want to activate more than one indipendent EA on same pair and timeframe, please specify a unique number here

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StrxInfoPanel is an essential tool for every trader It gives you an immediate idea about your account and realtime informations about the current symbol and timeframe you are analyzing Every information line can be hidden and shown via parameters, even panel position can be changed via input parameters Parameters list: Corner : the screen corner where you want the panel to be shown Left, Top, and Width : customizable position and panel dimensions BgColor : background color Show XXX : every infor

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Levels and risk calculator for the Antimartingale (or Antimartingala) technique Totally visual, setup everything from control panel Decide your risk and margin, it will calculate and show trading lavels on the chart Free version of the orginal Antimartingale EA: https://www.mql5.com/en/market/product/53653 Public Signals using the Antimartingale's technique: https://www.mql5.com/en/signals/1016250 https://www.mql5.com/en/signals/1018964 This EA does not open trades, it only shows the trading l

FREE

Strx Super Grid is a grid system with many advanced features. It places the first 2 orders as BUY_STOP and SELL_STOP distanced from current price by the GridPoints specified; when an order becomes active, the other is canceled. User can also choose to open immediately a position or a pending order via the new FirstImmediateOrder input. If GridPoints is 0 (default), grid is auto-sized based on last 500 bars (max-min closes) divided by MaxOrders input parameter. If trade becomes profitable, after

99 USD

Public Signals using this EA: https://www.mql5.com/en/signals/1016250 https://www.mql5.com/en/signals/1018964 The EA waits for the first executed order available and then opens a grid of pending stop-type orders in the same direction of the first one The first order that we usually call the master trade can be opened manually, on specified day and or via any other EA, indipendent from this one There is a dedicated Telegram Group with use cases and best settings, feel free to join and ask fo

199 USD

This is a Semi-Automatic Martingale EA It is Semi-Automatic because It waits for the first executed order available and then opens a grid of pending limit orders in the same direction of the first one The first order that we usually call the master trade can be opened manually or via any other EA, indipendent from this one There is a dedicated Telegram Group with use cases and best settings here , feel free to join and ask for a functional copy in demo accounts before buying

199 USD

Export Positions and Orders to JSON file On every tick the software checks if something is changed from the last export, and it rewrite the file only when necessary, optimizing CPU and disk writes You can choose: - to export only the current Symbol or all Symbols - to export only positions, only orders or both - the file name to export to The file will be saved on MQL4\Files folder with .json extension You can use the file how you want, to copy for example your MT4 positions on other platof

30 USD

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Version 1.24 2020.10.10

- Using ATR for Units
- Bugfix for LIMIT orders

Version 1.10 2018.03.06

Remove unused parameter InvestInTrendContinuation