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Breakout Trend Lines EA

This EA trades when the trend line, or high (low) price is broken. Trend lines and extremes are found by the specified parameters. In addition to trading, it also displays these lines on the chart. A trade occurs when the price goes outside the line and the candlestick closes. Also, the advisor may not trade if the market has low volatility, or other filters do not allow it to do so in order to cut off non-profit trades. It can set a stop loss in a parabolic pattern, or use a simple trailing stop.

The EA is easy to use and can be optimized for various currency pairs and timeframes.

Input parameters

  • Lots - lot size (at 0, the lot will be calculated from the percentage of free funds on the account);
  • Percent - percentage of free funds for opening each new deal (works when Lots = 0);
  • OrdersComments - a comment to deals;
  • OrdersFilling - change the way of order execution (some brokers may not support all methods);
  • Slippage - slippage (maximum allowable price deviation);
  • OpenOrdersDelayBars - delay between opening the next deal;
  • TradeEveryTick - define signals and trade every tick (true), or only at the close of the bar (false);
  • MaxSpread - maximum spread for opening a trade (so that a trade is opened when the spread is not higher than this value);
  • Magic - a unique identifier (you need to make it different if several Expert Advisors are running in the same terminal);
  • StopLoss - order closing price when the loss level is reached;
  • TakeProfit - order closing price when the profitability level is reached;
  • EnableAutoClose - automatic closing of orders upon a reverse signal;
  • TrailingStopValue - trailing stop value in points (0 - normal trailing stop off);
  • StopToParabolicStep - parabolic trailing stop (0 - disabled);
  • TradingRange - the number of bars in the trading range where highs and lows will be determined;
  • MinTradingRange - the minimum number of bars in the trading range to find the trend line (0-do not use);
  • StepTradingRange - step for changing the trading range (active when the MinTradingRange parameter is greater than 0 and less than TradingRange);
  • Distance - the minimum distance from one maximum (minimum) to another for plotting trend lines;
  • Shift - shift to identify a breakout, relative to the trading range;
  • Shift2 - shift to determine the breakout of the inclined trend line;
  • StochasticFilterPeriod - enable filtering of signals by the Stochastic indicator (0 = disabled, more than 0 - setting the period);
  • StochasticSlowing - slowing down of the Stochastic indicator;
  • StochasticLevels - levels of the Stochastic indicator (for example, 30 means that the levels will be 30 and 70);
  • StrongFilteringByStochastic - enhanced filtering of signals by stochastic;
  • CandleFilterStrength - filtering the signal by candlesticks (0 - off, 0.1-10 - the required candlestick strength for the signal);
  • MinLenForCandleFilter - minimum candle length for signal filtering;
  • MAFilterPeriod - period of the moving average indicator for signal filtering (0 - filter off);
  • MAFilterPeriod2 - period of the second moving average for signal filtering;
  • AdxPeriod - period of the ADX indicator;
  • MinAdxLevel - the minimum level of the ADX indicator (for example, 6.5);
  • TradingStartHour - trading start hour;
  • TradingEndHour - trading end hour;
  • EnableInfo - show various information from this Expert Advisor on the chart;
  • TrendLinesColor - line drawing color;
Created on the basis of the indicator: https://www.mql5.com/en/market/product/64285


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Vladislav Andruschenko
4.36 (42)
Exp-TickSniper -  high-speed tick scalper with auto-selection of parameters for each currency pair automatically. Do you dream of an adviser who will automatically calculate trading parameters? Automatically optimized and tuned? The full version of the system for MetaTrader 4:   TickSniper  scalper  for MetaTrader 4 TickSniper - Full Description   + DEMO + PDF The EA has been developed based on experience gained in almost 10 years of EA programming. The EA strategy works with any SYMBOLS. Th
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Scott Fredeman
4.85 (13)
CURRENT PRICE $299.  Future price will be $499. Mt4 Version - Click Here Early Users of Midnight Blitz get the lowest price. *** Warning: I only sell EA's through MQL5.com. If someone contacts you saying it is me trying to sell you something, they are a Scammer. Block and report them as spam. *** Warning: If you purchase this EA anywhere besides MQL5 it is a Fake version that will not work like the real version and you will never receive updates or support.                    The strat
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Evgeniy Machok
5 (6)
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Arthur Hatchiguian
5 (1)
Sun is an aggressive multi-cycle robot designed for EURUSD M1 . Each cycle is independent , it has its own TP and SL . It uses a grid and martingale system. This EA relies on strong recurrences of the last years to take position and achieve a high success rate. The minimum deposit is $100 for a 1:500 leverage. An autolot system is included .  I recommend to use a 1:500 ECN account with a low spread and a fast VPS . Find more details and configurations on my article: https://www.mql5.com/en/b
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Arnold Bobrinskii
5 (1)
Crypto trading with Binance exchange is available! Hurry up to get it! Limited number of copies will be sold out. Hey guys! I hope u are doing well.     I'm gonna show you new trading robot which is essentially differ from all others MQL5.com market products. The main feature of Bober Crypto MT5  is an ability to trade with Binance Futures . This product is using "Static arbitrage" strategy which is have a lot of advantages we gonna be taking profit from.  All coins can be traded that are a
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Metaverse MT5
INREXEA LIMITED
5 (1)
Price might change anytime  Important: We upgrade at least one time per month and maintain high quality of using experience . Please always keep the newest version . 80% from database analysis , 20% use brokers data , always do not rely on brokers data all the time . Signals monitors   :    Here Instruction/setup   :    Here Concept of Metaverse EA: Metavese EA is a fully auto EA , no parameters need to be set , trading strategy is simple , it is martingale strategy , however , when/why/h
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Vladimir Khlystov
5 (1)
Triangular arbitrage is the simultaneous opening of orders for three currency pairs. The direction of transactions and pairs are selected in such a way that simultaneously open positions insure each other. Due to this, you can open quite large lots, and the risk is low. Triangle options: EURUSD – USDJPY-EURJPY USDCAD-CADCHF-USDCHF EURGBP-GBPUSD-EURUSD AUDUSD – USDCAD-AUDCAD GBPAUD – AUDUSD-GBPUSD The orders that are part of such a triangle are in constant motion. The Expert Advisor analyzes the
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Free indicator to quickly detect trendline breakouts and high or low of a price range. It displays lines based on the highs and lows of prices, and also finds and displays inclined trend lines. As soon as the price goes beyond the line and the candlestick closes, the indicator signals this with an arrow (you can also enable an alert). This indicator is easy to use and also free. The number of candles for defining trend lines as well as the high and low of the trading range is configurable. It w
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Some candles have a strong tendency to continue the movement, or its turn. Using the Colored candles and patterns indicator, such candles are clearly visible. This indicator calculates the parameters of each candle, as well as its volume, and after that it colors the candles depending on its strength and direction. Bullish candles turn green and bearish candles turn red. The greater the strength of the bulls or bears, the brighter the color. If desired, the colors can be changed. In addition, t
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This EA implements the EMA 8/18 strategy, which is used by many traders. Brief description of the strategy: The Buy is determined when the EMA 8 indicator crosses the EMA 18 from below, with the price moving more than 50 points from the crossing. The buy position is opened when the price touches the EMA for the first time, after that, as the price rises, the trade is maintained by a trailing stop with a step of 30-35 points. The opposite is for opening a sell position. The parameters of the fast
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This indicator is able to determine the price levels at which there was the most volume for the specified period of history. In the future, the price often bounces off such levels, and this can be successfully applied in trading. They are displayed as lines, some parameters for determining the levels can be adjusted. This indicator is simple, therefore, it does not report signals, and only builds levels on EUR/USD. Parameters HistoryBars - the number of bars to determine the near volume levels;
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Volumes are one of the most important factors of trading, as it is the high volumes that move the market in either direction. But there are very few standard indicators for volumes in MetaTrader 4. The Volume Candles analyses the volumes of the trades and displays candles depending on these volumes. The candle appears once the required number of volumes has passed during trading (the VolumeCandle parameter). If the candles close frequently and are thin, then the volumes on the market are current
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This EA forms a channel based on the readings of the ADX indicator (Average Directional Movement Index), and trades from the boundaries of this channel when the price reversals. This channel is displayed on the chart of the currency pair. A sell trade is executed when the price touches and bounces off the upper channel line, a buy - from the lower one. At the same time, it can filter entries to trades depending on the readings of other indicators: Stochastic, ATR and RSI. The channel drawn by th
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The Expert Advisor looks for the bars followed by price rises or falls. It analyzes how often rises and falls occur after similar bars and makes trades based on that analysis. The market changes frequently but the EA is able to adapt to the changes performing analysis right during trading. Input Parameters Lots - lot size (if 0, a lot is calculated based on the percentage of account free margin); Percentage of free money - the percentage of free margin to open each new trade (applicable when L
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Master Bollinger MT5
Alexander Nikolaev
This adviser trades on the signal of the Bollinger Bands indicators: it buys at the lower levels when the price rebounds, and sells at the upper. Has the ability to close positions on the return signal, take profit or stop loss. Many traders use the Bollinger Bands indicator, and some use several Bollinger indicators on the same chart. In this adviser, you can use up to 3 of these indicators. When using the first and second indicators, the transaction will be carried out between the lines of the
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This EA trades with the trend using several methods to identify and enter a trade. For example, it uses trendlines, Gator and Stochastic indicators to analyze the market. In addition to trading, it can also display trend lines that it trades based on. It has filters for ADX and MA indicators, as well as a sufficient number of settings to be able to optimize on various currency pairs and timeframes. The EA sets stop loss and take profit for each trade, does not have risky trading methods. It i
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Alexander Nikolaev
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The utility manages other EAs' orders as well as the ones opened manually. It is capable of trailing the price (trailing stop function), set a stop loss and take profit if they have not been set before. When configuring the utility for an EA having no trailing stop function, place it to the new window with the same currency pair specifying the same Magic value (as for the EA orders the stop loss is to be applied to). You can set any timeframe. It does not affect the utility operation. Set Magic
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Alexander Nikolaev
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This Expert Advisor is the free version of "Bollinger with WPR scalper", which is based on the Bollinger bands and Williams' Percent Range indicators. Limitations of the free version: lot is fixed to 0.01, only the EURUSD currency pair is supported, trading time cannot be selected, trailing stop is not available. Nevertheless, it can make quite a lot of deals, so you do not have to wait for positions to be opened (with the appropriate settings and timeframes below H1). The EA can be used on time
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Three Fractals demo
Alexander Nikolaev
2 (1)
This Expert Advisor identifies trend reversals based on fractals and some other indicators. It is a free lite version of Three fractals Brief description of the trading strategy: when the fractals were formed after a prolonged fall, and the last fractal did not update the minimum of the previous bar's lower fractal, then a trend reversal is determined (at the same time, there must be a fractal in the middle, which is higher than the others). Similarly, opposite for growth. In case other indicato
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Easy Channels MT5
Alexander Nikolaev
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This indicator draws price channels. Easy to use. It has various settings, for example, you can configure it to show channels only for buy or sell, you can display trend lines instead of channels. There are many trading strategies that are based on trading in channels, you can trade on the rebound from the borders of the channels, or the breakdown of the channel.   Parameters History - the maximum number of bars for building channels; Distance - the minimum distance from one maximum (or minimum
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This utility is the improved version of Trailing stop for advisors. It manages other EAs' orders as well as the ones opened manually. It is capable of trailing the price (trailing stop function), set a stop loss and take profit if they have not been set before. The Pro version features the ability to set trailing stop based on fractals and points of Parabolic SAR. When configuring the utility for an EA having no trailing stop function, place it to the new window with the same currency pair speci
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Colored Candles Demo
Alexander Nikolaev
5 (1)
The demo version of the Colored Candles indicator - calculates the parameters of each candle, as well as its volume. After that, it paints the candles depending on their strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want. The indicator helps to analyze the price movement, as well as market entry points. The more accurate signals are formed on the higher
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