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Trendline Trader Lite

Trendline Trader Lite, a tool to help you do Forex Trading easily, efficiently and effectively. 

Features offered:

1. Trade manually by simply pressing the buy / sell button.

2. Trade semi automatic like set n forget bot by using a trendline.

3. Full auto trade with various recovery techniques, Hedging, Averaging, Pyramid step and

4. Various lot options: Fix, Martingale, Anti-Martingale, and One Shoot Martingale.

5. Equipped with 2 drawdown reduction algorithms, by money and by percentage.

6. Various types of trendlines to choose from: Manual trendline and semi auto trendline

7. Perform analysis using Pivots, Support and resistance, as well as daily, weekly and monthly Fibonacci by just pressing a button.

8. 2 types of trailling, by money and by pips.  

9. 2 types account protection : Stoploss (by pips) and Cut loss (by money).

Main Feature:

1.  Open Position Mode : Manual, semi automatic trendline, and full  automatic trendline

2.  Remove the trendline after opening a position : For manual trendline only

3.  True=Limit order, False=Stop order : Reverse the signal for semi automatic trendline (SAT).

4.  Hilo One Candle timeframe : You can select the type of timeframe you want to use

5.  Minimum Range to Start Pending Order: Range High and Low

6. Range size of pending orders (in pips) : Distance of pending orders from the current price, pending orders use adaptive trendline

7. Range size to move pending orders (in pips) : Trendline will move to the latest prices according to the number of sizes entered.

8. X Candle: Number of past candles to count for determining the highest and lowest price.

9. Range from Pivot Point, in pips : Distance from pivot point

10. Lot Type: There are 7 types of lot options: Fixed lot, Martingale 1-3, Anti Martingale 1&2, Single Shoot Martingale

11. Start Lot : Initial lot

12. Multiplier for Martingale 3 / Anti Martingale 2 / Single Shoot Martingale Lot : lot multiplier

13. Maximal Lots: maximum lots allowed.

14. Maxtrade : Max open position allowed

15. Recovery Mode : There are 5 Types of recovery mode you can chooce for.

16. Step (in pips) : Distance to open the next position

17. Expanding Step Coefficient : The coefficient for the distance addition  of the next open position

18. Use Hedging: choose to use the hedge technique or not

19. Use Pyramid: choose to use the pyramid technique or not

20. Use Averaging: choose to use the averaging technique or not

21. Use Auto Close Partial, in money:  drawdown reduction algorithm , in money

22. Number of trade to activate partial close : Number of open positions to initiate partial close

23. Percentage profit to close partial $: Minimum profit amount to do partial close, in money.

24. Use Auto Close Partial, in percentage : drawdown reduction algorithm , in percentage

25. Number of trade to activate partial close : Number of open positions to initiate partial close

26. Percentage profit to close partial %: Minimum profit amount to do partial close, in percentage.

27. Minimum profit for close all $ : Minimum profit to close all positions, in money

28. Cut loss if loss $ : close all positions when the cutloss target is reached, in money

29. Trailling (in money): Trail profit in money. Can be used for manual recovery mode.

30. Use Stoploss, Takeprofit and Trailling (in pips): For single shoot martingale or if not using recovery techniques.

31. Time Control: when will start to open position and when will stop taking position.  Timing  uses broker server time.

32. Close all positions at the End of Session: Expert will close all positions after each session ends. 

33. Max Spread (in Pips) : allowed spreads.

34. Coefficient (if Freeze=0 Or StopsLevels=0) : Multiplier coefficient when freezelevel / stoplevel = 0

35. Magic Number : fill in different numbers if you are going to trade the same pairs in 1 MT4 terminal.

36. Continue new cycle management, set the time so that the expert stops new cycle at the specified hour and only manages positions that are still open.  Timing uses local time or vps time.

MT5 Version : https://www.mql5.com/en/market/product/54161

Full Version : https://www.mql5.com/en/market/product/50161

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Version 1.11 2020.09.26
Remove second percentage profit to close partial
Version 1.10 2020.09.25
+ Update code for close partial by percentage
+ update code for open position mode SAT Channel
Version 1.9 2020.09.23
Update code for manual recovery
Version 1.8 2020.09.21
Update code for close partial by percentage
Version 1.7 2020.09.21
+ added second percentage partial close 2
Version 1.6 2020.09.17
Fix flickering description
Version 1.5 2020.09.17
+ Added continue new cycle management, you can set the time so that the expert stops new cycle at the specified hour and only manages positions that are still open. For example: There is High impact news or an intersection between the European session and the US session that you want to avoid.
+ Update code recovery mode : Martingale Averaging 2
Version 1.4 2020.09.16
+ Update code for open position mode : Manual Trendline
Version 1.3 2020.09.16
+ Added Open position mode : AT Pivot
+ Added recovery mode : Mix Hedging Averaging Pyramid, Martingale Averaging 1 & 2
Version 1.2 2020.09.16
+ Fix bug recovery mode
+ Added Help Button, which will display suggestions for placing a pending buy or sell
Version 1.1 2020.09.15
+ Remove mix 1-3 lot
+ Fix bug Auto trendline