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TrendLinesEA


TrendLinesEA "is a tool designed to trade according to the trend lines drawn by the internal indicator or drawn by the trader manually.

The expert relies on two trading signal extraction systems (SPIKE & ROLL).

SPIKE MODE :- The signal is generated when the price breaks through the trend line and then rebounds to break it again.

ROLL MODE :- A signal and a bounce is created when the price touches the trend line.

You can activate one or both of the signaling systems by placing a check mark on the signal square on the expert interface

The expert draws three types of trend lines (short, 3 points , long term).

You can activate trading according to any or all of the trend lines through the square in the expert interface

You can also activate or deactivate BUY , SELL ,TrailingStop ,BreakEven , AutoLotSize , SoundAlert  and Remove the Indicator Lines through the  Experts interface while expert is running.

Manual trend lines:-

  • After drawing the trend line -  platform commands line, click Charts > Objects> Object List
  •  From the drop-down window - Highlight the trendline > Click Edit
  • In the Description field, type the trendline description (UPWARDSHORT, UPWARD3_POINT or UPWARDLONG) for the uptrend line and (DOWNWARDSHORT, DOWNWARD3_POINT or DOWNWARDLONG) for the downtrend line
  • Activate ( BUY or/and SELL) , ( SPIKE or/and ROLL) , ( SHORT , 3_POINT or LONG ) from the  Experts interface
Version 1.1 2020.05.28
In this version, the following has been added: -
Trade across trend lines, horizontal lines and price channels drawn manually or by another indicator
By default, the expert knows the lines and price channels created as an object ( OBJ_TREND , OBJ_TRENDBYANGLE ,OBJ_HLINE ,OBJ_CHANNEL ) Which appears in Index as ( TrendLine ,TrendLineByAngle , Horizontal Line , Channel )
It is not necessary to describe the line or channel by the trader

Note: You must be able to trade in one direction (BUY or SELL) with horizontal lines
We recommend setting a  ( CloseInSignal  = true  ) when trading according to the price channels

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    Version 1.5 2020.07.10
    In this version, you can select all objects to trade from the MetaTrader platform
    You can also repeat an object more than once
    From the NetaTrader platform command line at the top: Click Insert and select the object
    Version 1.4 2020.07.10
    In this version, you can select all objects to trade from the MetaTrader platform
    You can also repeat an object more than once
    From the NetaTrader platform command line at the top: Click Insert and select the object
    Version 1.3 2020.06.16
    Some improvements to the internal structure of the expert
    Version 1.2 2020.06.13
    In this version, you can also choose from 16 common objects for trading on the MetaTrader platform: -
    (Trend , StdDevChannel , Regression , Pitchfork , GannLine , GannFan , GannGrid , FiboLevels , FiboTimes , FiboFan , FiboArc , FiboChannel, FiboExpansion, Rectangle , Triangle and Ellipse object)
    Add the object to the chart and remove it through the Expert Interface buttons
    After setting the correct position for the object, the expert will automatically trade when the signal is validated
    Version 1.1 2020.05.28
    In this version, the following has been added: -
    Trade across trend lines, horizontal lines and price channels drawn manually or by another indicator
    By default, the expert knows the lines and price channels created as an object ( OBJ_TREND , OBJ_TRENDBYANGLE ,OBJ_HLINE ,OBJ_CHANNEL ) Which appears in Index as ( TrendLine ,TrendLineByAngle , Horizontal Line , Channel )
    It is not necessary to describe the line or channel by the trader