Market / MetaTrader 4 / Utilities /

Free TrendLine EA

FREE

Published: 10 April 2019

Current version: 1.3

Free TrendLine EA

4.6

Utilities
Tonny Obare
Version: 1.3
Updated: 22 June 2021

Lots: The lot size for trading.

RiskPercentage: Set a value other than zero to activate lot sizing by use of percentage of margin.

TrendLineName: The name of the line to track. You can either *rename the trend line to myline or alternatively enter the existing name of the trend line in the EA.

UpBuy: Set true/1 to buy if the line is crossed or touched upwards from below.

UpSell: Set true/1 to sell if the line is crossed or touched upwards from below.

DownBuy: Set true/1 to buy if the line is crossed or touched downwards from above.

DownSell: Set true/1 to sell if the line is crossed or touched downwards from above.

TakeProfit: TakeProfit distance in points.

StopLoss: StopLoss distance in points.

MaximumTrades: Maximum number of trades the ea can keep open at the same time for the chart pair and MagicNumber.

MagicNumber: Unique id for trades from a certain instance of the ea. If running more than one instance on the same currency pair then each instance should have a different magic number. For instances on different pairs, the same number can be used.

* To rename a trend line simply;

1) Double click on it to select it.

2) Left click on it.

3) Click on trend line properties on the small window that appears.

4) Enter the new name as myline so the ea can monitor it.

5) Click on the OK button on the screen or click enter on your keyboard.

more...

Serg Chernyshoff 2025.05.19 10:31 #

Great tool! It would be even better if you could add a volume filter — for example, only allow trades when volume exceeds a certain threshold. This could help avoid false signals during low-activity periods. Just a suggestion!

116

Farhan Supangkat 2021.08.22 16:18 #

Still The best EA Trendline

106

Саша Петрухин 2021.05.01 11:10 #

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Profitstat premium version scans your trading history and displays performance on the chart. The premium version is far more flexible than the free one. The premium version contains the following features that you won't find in the free version: Ability to horizontally position the indicator as you prefer. Ability to display results in money or in pips with the option to hide or display one or both of them. An option to show stats for only the chart symbol. An option to only show data from a cer

30 USD

Effortless Trade Management – Automatic Stops & Trailing Take the guesswork and manual effort out of risk management. Our Automatic Stops tool continuously monitors your account and instantly applies your predefined stop loss, take profit, partial close levels (scaling out), and trailing stop to every new trade. Once the EA is attached to a chart, it automatically sets and manages these levels for any new trade on that currency pair – so you never have to enter them manually again. Key Feat

30 USD

MA strategies EA is a moving average cross EA that can support multiple MA cross strategies that involve two or three moving averages. Purchasing this EA can save you the time taken to automate your existing MA strategy through coding a custom EA and it also helps you discover profitable moving average strategies as its fully compatible with the strategy tester and all settings are editable. The EA supports both scalping, short term and long term strategies. The various supported settings are e

30 USD

Automatic fibonacci with alerts is an indicator that automatically plots a fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The fibonacci is automatically updated in real time as new highest and lowest values appear amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with d

30 USD

Fibonacci strategies EA trades Fibonacci levels. You can choose whether the EA should trade a manually plotted fibonacci or whether it should automatically plot a fibonacci. In automatic fibonacci drawing mode, the EA automatically plots a fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values

30 USD

Introducing Thumbs Up EA: The Consistent Profit Engine Built for Modern Markets Tired of complex EAs that require constant tweaking? Meet Thumbs Up EA – the sophisticated, set-and-forget expert advisor engineered for steady, resilient growth across any market trend. Born from a groundbreaking strategy, Thumbs Up EA features a proprietary smart trade management system that patiently maximizes profits from every move. It’s not about high-frequency trading—it’s about precision, patience, an

30 USD

MACD strategies EA is a EA that can support multiple MACD strategies. Purchasing this EA can save you the time taken to automate your existing MACD strategy through coding a custom EA and it also helps you discover profitable MACD strategies as its fully compatible with the strategy tester and all settings are editable. The EA supports both scalping, short term and long term strategies. The various supported settings are explained below: NOTE: The default settings in the EA are simply place ho

30 USD

Trade simplifier premium is a trade panel that simplifies trade opening. It is simple and easy to understand, with key features to ease trading. Features include: Order type selection Fixed lot entry from the chart user interface Easy Take profit entry field on the chart user interface Visual take profit selection and adjustment via the line that appears when you click the Take Profit button Easy Stop loss entry field in points on the chart user interface Visual Stop Loss selection and adjustm

30 USD