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Trendline EA MT5 Free

The FXTT Trendline EA for MT5 is a robot that helps you trade using the trendlines drawn on your chart.

It basically allows you to set pending orders using trend lines. Something that MetaTrader does not allow you to do by default.

  • Easy to set up
  • Choose default Lot size, Stop Loss and Take Profit
  • Allows action on Touch, Pullback, Breakout or False Breakout of trendline

The usage and configuration of the Expert Advisor is as follows:

  • Load the EA
  • Draw your trendlines on the chart
  • Add Buy or Sell actions to your trendlines
  • If desired, you can configure specific actions per line
  • Let the EA manage the trades
Free version does not allow trading. Only allows the alerts commands


Input Parameters

  • Enabled - This parameter controls if the EA is enabled or not.
  • Magic Number - The magic number for all the opened orders.
  • Maximum Slippage (in points) - The maximum slippage allowed (in pips) for the open orders.
  • Default Stop Loss (in points) - The default value to use as a Stop Loss if none is defined on the trendline.
  • Default Take Profit (in points) - The default value to use as a Take Profit if none is defined on the trendline.
  • Default Lot Size - The default lot size value to use if none is defined on the trendline.
  • Type of breakout – For breakout events, how do you prefer the EA to detect a breakout:
    • On close of candle – the order will only be opened after the candle closes after breaking the trendline.
    • On distance in pips – the order will be opened as soon as price breaks the trendlines by the number of pips defined in “Breakout distance in pips“.
  • Breakout distance in pips – Only if the "On distance in pips" option is active, this parameter allows you to define the distance in pips from the trendline for which the EA will consider a breakout.
  • Buy Type – Customize Buy action triggers (when Bid or when Ask touches the trendline).
  • Reentry Type – Allow one or multiple orders per trendline (open new order after close of the previous).
  • Minimum shift for false breakouts - In order for a false breakout action to be triggered, the price must move past the trendline at least this number of pips.
  • Popup Alerts - Show a popup alert whenever price reaches and "Alert" trendline.
  • Email Alerts - Send and email alert whenever price reaches an "Alert" trendline.
  • Send push notifications - Send a push notification whenever price reaches an "Alert" trendline.
  • Sound Alerts - Play a sound alert whenever price reaches an "Alert" trendline.
  • Sound file name - The .wav file to play as a sound alert.


Keep in mind

  • This EA is a tool that assists in your trading. It does not work without user intervention.
  • Using a robot carries risk. You should test it on a demo account FIRST to understand how it works.


Available Action Commands

  • Buy | BoT | BuyOnTouch
  • Sell | SoT | SellOnTouch
  • BoB | BuyOnBreakout
  • SoB | SellOnBreakout
  • BoPB | BuyOnPullback
  • SoPB | SellOnPullback
  • BoFB | BuyOnFalseBreakout
  • SoFB | SellOnFalseBreakout
  • CaB (Close all Buy orders on touch)
  • CaS (Close all Sell orders on touch)
  • CaO (Close all orders on touch)
  • CP (Close partial volume of order on touch)
  • Alert | AoT | AlertOnTouch (Send an alert whenever price reaches the trendline)
  • AoB | AlertOnBreakout (Send an alert whenever price breaks above or bellow the trendline)
  • AoP | AlertOnPullback (Send an alert whenever price pulls back and touches the trendline)
  • AoFB | AlertOnFalseBreakout (Send an alert whenever price makes a false breakout and returns to the trendline)


Available Action Parameters

  • TakeProfit | TP
  • StopLoss | SL
  • Volume | Vol | V


Usage Examples

  1. Buy 0.05 lots on breakout of trendline with stop loss of 100 and take profit of 100
    • BoB SL:100 TP:200 V:0.05
  2. Alert with message "Trendline reached" when price touches the trendline
    • Alert Trendline reached


Help Guide

Available here

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ST Chart Synchronization MT5
Irek Gilmutdinov
This utility ensures a real-time synchronization of multiple charts. Any event of a graphical object creation/modification/deletion, chart scrolling and zooming is copied from the current source chart to one or more receiving charts. Note: demo-version of this product doesn't work in the backtester! ______________________________________________________________ Settings: Synchronize with - select the receivers: Same symbol - all charts with the same symbol; Same symbol - all charts with the same
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The Copier MT5
Andrey Barinov
This is a professional trades copier with easy to use interface and fast rock solid execution. It has some unique functionality which is missing in other trades copiers (see details below). It can copy trades between both MT4 and MT5 terminals in any combinations. Supports "One to Many" and "Many to One" copying modes. This product can not be tested in strategy tester. Please, download demo version here:  https://www.mql5.com/en/market/product/36142 Version for MetaTrader4 is available here:
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FiboPlusWaves MT5
Sergey Malysh
FiboPlusWave Series products Ready-made trading system based on Elliott waves and Fibonacci retracement levels . It is simple and affordable. Display of the marking of Elliott waves (main or alternative option) on the chart. Construction of horizontal levels, support and resistance lines, a channel. Superposition of Fibonacci levels on waves 1, 3, 5, A Alert system (on-screen, E-Mail, Push notifications).    Features: without delving into the Elliott wave theory, you can immediately open one of
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SmartLines MT5
Artem Los
SmartLines allows you to open orders using trend lines. SmartLines for MT4 https://www.mql5.com/ru/market/product/25875 Now you have the opportunity to control breakthroughs of the trend corridor automatically and without delay. As soon as the price crosses your trend line with your settings, the order is automatically opened. You will not miss the moment of the trend change. The principle of working with SmartLines is similar to placement of pending orders. However, pending orders only have t
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TradePanel MT5
Alfiya Fazylova
Trade Panel is a professional tool for manual trading. Allows you to work with orders and positions in one click, making your trading fast and comfortable. When opening an order, it simplifies the setting of stop loss and take profit, as well as automatically calculates the lot according to the specified risk and stop loss size. In addition, the utility can work with virtual orders and accompany trailing stop orders, transfer SL to the breakeven zone, perform partial closing and timely notify
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Averager FULL
Vladislav Andruschenko
Averager is intended for averaging your deals that has had a drawdown or had gone against the trend. The adviser can open additional positions on the trend and against the trend! The system is identical to the  averaging system created Averager for MetaTrader 4 . Averager - Full Description An example of operation of the averager in an Exeprt Advisor in the MetaTrader 5 terminal: Exp - TickSniper . Example of the averaging system in our  TickSniper  scalperUniversal trading adviser with the
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