Market / MetaTrader 5 / Utilities /

Trendline EA MT5

30 USD

Demo downloaded: 1 098

Published: 11 January 2018

Current version: 2.21

Trendline EA MT5

4.8

Utilities
Carlos Oliveira
Carlos Oliveira
Portugal

11109
4.6 (31)
- https://www.forextradingtools.eu/
8 products 6 codes 21 comments
Version: 2.21
Updated: 5 April 2026
Activations: 10

Trendline EA MT5

Trendline EA MT5 is a semi-automated Expert Advisor for MetaTrader 5 designed to execute trading actions or alerts based on trendlines drawn by the user.

MetaTrader 5 does not provide native functionality to place or manage trades directly from trendlines. This Expert Advisor extends standard platform behavior by monitoring user-defined trendlines and executing predefined actions when price interacts with them.

The Expert Advisor does not define or apply any trading strategy. All trading logic and decisions remain fully under the user’s control.

Additional materials

User guide and documentation

MT4 Version

Functionality Overview

Trendline-Based Trade Execution

Execute buy or sell actions when price touches, breaks, or pulls back from a trendline
Configure stop loss, take profit, and volume per trendline
Trigger actions based on candle close or price distance from the trendline

Monitoring and Alerts

Generate alerts on trendline touch, breakout, pullback, or false breakout
Support for popup, email, push notification, and sound alerts
Optional automatic position closing when price reaches an exit trendline

User-Controlled Analysis

The Expert Advisor does not draw, modify, or reposition trendlines
All chart analysis remains unchanged and fully controlled by the user

Basic Usage

Attach the Expert Advisor to a chart
Draw a trendline using standard MetaTrader tools
Add an action command to the trendline name
The Expert Advisor monitors the trendline and executes the specified action

BoB SL:100 TP:200 V:0.05

Supported Action Commands

Trade actions

Buy / BoT / BuyOnTouch
Sell / SoT / SellOnTouch
BoB / BuyOnBreakout
SoB / SellOnBreakout
BoPB / BuyOnPullback
SoPB / SellOnPullback
BoFB / BuyOnFalseBreakout
SoFB / SellOnFalseBreakout

Position management

CaB – Close all Buy positions
CaS – Close all Sell positions
CaO – Close all positions
CP – Close partial volume

Alert actions

Alert / AoT – Alert on touch
AoB – Alert on breakout
AoP – Alert on pullback
AoFB – Alert on false breakout

Action parameters

TP – Take profit in points
SL – Stop loss in points
V – Trade volume

Input Parameters

Enable or disable Expert Advisor operation
Magic Number for trade identification
Maximum slippage
Default stop loss and take profit
Default trade volume
Breakout detection method
Breakout distance in pips
Buy trigger price type
Re-entry configuration per trendline
False breakout minimum shift
Alert delivery options
Alert sound file

Usage Examples

Buy on breakout with predefined parameters

BoB SL:100 TP:200 V:0.05

Alert when price touches a trendline

Alert

Sell on pullback

SoPB SL:80 TP:160 V:0.03

Close all Buy positions

CaB

Frequently Asked Questions

Does the Expert Advisor trade automatically?
No. The Expert Advisor only executes actions explicitly defined by the user.

Does it modify trendlines?
No. All trendlines remain unchanged.

Can it be used for alerts only?
Yes. Trading actions are optional.

Is it compatible with all symbols and timeframes?
Yes, provided they are supported by MetaTrader 5.

Is a VPS required?
A VPS is optional and depends on the user’s execution and monitoring needs.

Important Notes

This is a semi-automated Expert Advisor
No trading strategy is included
Trading results depend entirely on user configuration and market conditions
Testing on a demo account is recommended before live use

more...

496

V R Eswara Ramanan 2025.12.26 04:26 #

Excellent product with amazing support. I am extremely satisfied. The developer is always helpful and created a new version with a new feature I requested. Lots of thanks to Carlos. Already I recommended to 3 of my friends. They are also very happy. :)

696

nwh1984 2025.01.08 16:11 #

For the price of the EA/Indi vs the functions it can perform at this price point, I'm extremely satisfied. Thanks

3473

Jason Smith 2023.12.19 17:13 #

excellent

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FxTT News Feed FxTT News Feed is a free companion Expert Advisor for ChartDeck PRO. It has no trading logic, places no orders, manages no positions, and reads no market prices. It fetches economic calendar data on a timer and writes it to a local file, because MetaTrader 4 indicators cannot make network requests. Attach it once to any chart in the terminal. One instance serves every ChartDeck PRO chart there. This is a prerequisite for ChartDeck PRO's Daily News row, not a general-purpose tool.

FREE

ChartDeck PRO ChartDeck PRO combines seven MetaTrader 4 chart tools, moving averages, Bollinger Bands, ZigZag, support and resistance, pivot points, sessions, and economic news, into one indicator with a single icon panel. One program replaces seven indicators and seven properties dialogs. Each tool switches on or off with a click. A settings drawer next to the panel changes parameters on the chart. No need to reopen the properties dialog. Each tool keeps its own timeframe, parameters, and alert

39 USD

Equity Tracker MT5 Equity Tracker MT5 is a monitoring Expert Advisor for MetaTrader 5 that reports trading activity, account status and technical conditions through notification messages. The Expert Advisor operates independently from trading logic and does not influence order execution or trade management. The product does not open, modify or close trades. It performs observation and notification tasks only. Purpose Equity Tracker MT5 is intended for traders who want to stay informed about thei

39 USD

ChartDeck PRO ChartDeck PRO is an indicator for MetaTrader 5 that combines seven chart tools in one program and controls them from a dockable icon panel on the chart. Each tool is switched on or off with a single click on its icon. Parameters are changed on the chart in a settings drawer that opens next to the panel, without reopening the indicator properties dialog. Every tool keeps its own timeframe, its own parameters and its own alert delivery settings. The product is intended for traders wh

39 USD

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496

V R Eswara Ramanan 2025.12.26 04:26 #

696

nwh1984 2025.01.08 16:11 #

For the price of the EA/Indi vs the functions it can perform at this price point, I'm extremely satisfied. Thanks

[Deleted] 2024.04.26 12:57 #

User didn't leave any comment to the rating

3473

Jason Smith 2023.12.19 17:13 #

excellent

1605

EA--TESTER--REALMONEY 2023.12.13 00:48 #

Not very userfriendly.

666

sebastian0815 2023.11.17 08:26 #

Really a very helpful EA thank you

Christian Henning 2022.11.30 12:21 #

User didn't leave any comment to the rating

386

paddock 2022.11.26 01:43 #

If your a trendline trader this is the best EA you can get. There is nothing it doesn't cover. And affordable too. So just buy it and try it. I tend to use it with fib, fib extensions and s/r with good results. Don't forget it's up to you to select which trade you are going to take. There is no holy grail only assistance and this is the one for me. Thanks to Carlos the Author who is very helpful too.

1179

Thomas Pierre Maurice Moine 2021.03.20 10:52 #

Very usefull, you can build up an entire semi-auto strategy with this EA. With Trailing stop and breakeven, that will be perfect.

I mainly use it with BoFB strategy on indices supports and a shift value high enough not to trigger "false false breakout", it performs very well 👍

328

Eduardo Silva Vian 2021.02.09 03:59 #

Simplesmente espetacular, com a atualização de breakeven e trailing stop ficou perfeito. Para traders de price action ferramenta indispensável. Outro recurso muito interessante são os alertas.

Christian Astinza 2021.01.26 01:39 #

User didn't leave any comment to the rating

metatradegambero 2020.11.27 17:31 #

Good ea! only the trailing stop is missing. Will it be implemented?

973

Efrain Romero 2020.11.07 17:44 #

Osom EA, exceeds by far the price you pay for it!

476

Ramon 2020.09.09 12:30 #

Very good and smart EA. Good points: - Can intereact with other EA's specifining Magic Number - Different commands to execute orders: at touch, at breakout, at pull back, at false breakout - Smart way to specify sl ant tp and volume for each order by object descrition instead of EA's parametres Points to improve at my opinion: - Risk Management - Filters : spread, working hours, volatility - Exit conditions: trail stop - Auto draw trendlines, supports and resistences Thanks Carlos Great job!

110

petrzagurskii 2020.06.23 08:26 #

User didn't leave any comment to the rating

Sri Rezeki 2019.08.13 03:41 #

Great EA, very useful for S&R and pattern maniac like most of us.

152

Joško Lovrić 2019.02.14 10:41 #

Awesome EA :)

815

Victor Martin Schenker 2018.12.27 19:55 #

User didn't leave any comment to the rating

406

Andreas Dl 2018.06.18 17:37 #

Very good EA!

Thank you...

Trendline EA MT5

Carlos Oliveira

Trendline EA MT5

Additional materials

Functionality Overview

Trendline-Based Trade Execution

Monitoring and Alerts

User-Controlled Analysis

Basic Usage

Supported Action Commands

Input Parameters

Usage Examples

Frequently Asked Questions

Important Notes