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Master Trendline

This EA utility opens trade when price touches trend line on your chart.

How to use in 2 steps?

  1. Attached this utility on your chart with your desired parameters  and risk management settings set.
  2. Draw a line using "Horizontal line tool" or  "Trend line tool" on your chart.

Rules:

  • You can draw a minimum of 1 line and a maximum of 2 lines  in the chart.
  • It will only trade once on a symbol when it touches the line.
  • You need to have a  fundamental knowledge about trend line trading.

Parameters:

  • MagicNumber -  return an identifying (magic) number of the currently selected order.
  • Trend Line Strategy - The Option to choose, 
    1.  A: Break Out Trend Line - will open buy when it crosses above 1 line or when it crosses above the Upper line,  will open sell when it crosses below 1 line or when it crosses bellow the lower line.
    2.  B: Reversal Trend Line  - will open sell when it crosses above 1 line or when it crosses above the Upper line,  will open buy when it crosses below 1 line or when it crosses bellow the lower line.
  • Trail Stop Pips (0 to Deactivate) - Will move stop loss if price moves in favor.
  • Delete Line - if set to true, it will delete trend lines after a trade is open.
  • Max Spread points  - the maximum spread you allow to open a trade.
  • EA_Comment - input comment in trade.
  • ~~~~~Risk Settings~~~~~
  • TradeSize - input initial lot size.
  • Loss Factor - wil multiply lot size if last trade is loss.
  • Restart lot on consecutive losses - if consecutive losses is reached the next trade will open at initial lot size.
  • TPSL Pips or Average True Range(ATR) - the option to choose,
    • Use ATR as TPSL -  it will use ATR values as measurement on placing TP and SL.
    • Use PIPS as TPSL    it will use Pips values as measurement on placing TP and SL.
  • ATR Settings------------------------------------------------------
  • TP ATR Size Multiplier - Multiplies ATR size to use as TP.
  • SL ATR Size Multiplier  - Multiplies ATR size to use as SL.
  • ATR Period -  Input ATR period value.
  • Pips Settings------------------------------------------------------
  • TP_Pips -  Input pips to use as TP.
  • SL_Pips   Input pips to use as SL.
  • Alert Settings - It will alert you every time it opens a trade.
  • Send_Email 
  • Audible_Alerts 
  • Push_Notifications

if you have more questions just send me a private message here in MQL, thank you.

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ADAM for FTMO 40
Vyacheslav Izvarin
ADAM EA Special Version for FTMO  Our 1st EA created using ChatGPT technology Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Tested on EURUSD and GBPUSD only  Use 15MIN Time Frame Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94887 Signal using ADAM  https://www.mql5.com/en/signals/2190554 --------------------------------------------------------------
Unlimited Trade Copier Pro is a tool to copy trade remotely between multiple MT4/MT5 accounts at different computers/locations over internet. This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be able to receive the signal
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Mehdi Faraz Fard
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Mehdi Faraz Fard 2021.07.11 13:39 
 

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