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Trendline EA MT5 Free

The FXTT Trendline EA for MT5 is a robot that helps you trade using the trendlines drawn on your chart.

It basically allows you to set pending orders using trend lines. Something that MetaTrader does not allow you to do by default.

  • Easy to set up
  • Choose default Lot size, Stop Loss and Take Profit
  • Allows action on Touch, Pullback, Breakout or False Breakout of trendline

The usage and configuration of the Expert Advisor is as follows:

  • Load the EA
  • Draw your trendlines on the chart
  • Add Buy or Sell actions to your trendlines
  • If desired, you can configure specific actions per line
  • Let the EA manage the trades
Free version does not allow trading. Only allows the alerts commands


Input Parameters

  • Enabled - This parameter controls if the EA is enabled or not.
  • Magic Number - The magic number for all the opened orders.
  • Maximum Slippage (in points) - The maximum slippage allowed (in pips) for the open orders.
  • Default Stop Loss (in points) - The default value to use as a Stop Loss if none is defined on the trendline.
  • Default Take Profit (in points) - The default value to use as a Take Profit if none is defined on the trendline.
  • Default Lot Size - The default lot size value to use if none is defined on the trendline.
  • Type of breakout – For breakout events, how do you prefer the EA to detect a breakout:
    • On close of candle – the order will only be opened after the candle closes after breaking the trendline.
    • On distance in pips – the order will be opened as soon as price breaks the trendlines by the number of pips defined in “Breakout distance in pips“.
  • Breakout distance in pips – Only if the "On distance in pips" option is active, this parameter allows you to define the distance in pips from the trendline for which the EA will consider a breakout.
  • Buy Type – Customize Buy action triggers (when Bid or when Ask touches the trendline).
  • Reentry Type – Allow one or multiple orders per trendline (open new order after close of the previous).
  • Minimum shift for false breakouts - In order for a false breakout action to be triggered, the price must move past the trendline at least this number of pips.
  • Popup Alerts - Show a popup alert whenever price reaches and "Alert" trendline.
  • Email Alerts - Send and email alert whenever price reaches an "Alert" trendline.
  • Send push notifications - Send a push notification whenever price reaches an "Alert" trendline.
  • Sound Alerts - Play a sound alert whenever price reaches an "Alert" trendline.
  • Sound file name - The .wav file to play as a sound alert.


Keep in mind

  • This EA is a tool that assists in your trading. It does not work without user intervention.
  • Using a robot carries risk. You should test it on a demo account FIRST to understand how it works.


Available Action Commands

  • Buy | BoT | BuyOnTouch
  • Sell | SoT | SellOnTouch
  • BoB | BuyOnBreakout
  • SoB | SellOnBreakout
  • BoPB | BuyOnPullback
  • SoPB | SellOnPullback
  • BoFB | BuyOnFalseBreakout
  • SoFB | SellOnFalseBreakout
  • CaB (Close all Buy orders on touch)
  • CaS (Close all Sell orders on touch)
  • CaO (Close all orders on touch)
  • CP (Close partial volume of order on touch)
  • Alert | AoT | AlertOnTouch (Send an alert whenever price reaches the trendline)
  • AoB | AlertOnBreakout (Send an alert whenever price breaks above or bellow the trendline)
  • AoP | AlertOnPullback (Send an alert whenever price pulls back and touches the trendline)
  • AoFB | AlertOnFalseBreakout (Send an alert whenever price makes a false breakout and returns to the trendline)


Available Action Parameters

  • TakeProfit | TP
  • StopLoss | SL
  • Volume | Vol | V


Usage Examples

  1. Buy 0.05 lots on breakout of trendline with stop loss of 100 and take profit of 100
    • BoB SL:100 TP:200 V:0.05
  2. Alert with message "Trendline reached" when price touches the trendline
    • Alert Trendline reached


Help Guide

Available here

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Trade Assistant is a trading panel designed for manual trading. The main function of the panel is to set orders and positions using pre-marking in the form of graphic lines on the chart, according to the rule (risk / reward ratio). Key features of the panel It works with any trading instruments - currency pairs, CFDs, stocks, indices, futures, cryptocurrencies. Setting stop loss and take profit as the distance in points. Marking lines of the order: entry, stop loss and take profit can be move
60 USD
VR Alert MT5
Vladimir Pastushak
VR Alert warns the trader that the price or other indicator has reached the level set by the trader. You need to get a notification that the price has reached the level you set or that some indicator has reached the level you set? Now it is possible. The VR Alert indicator can monitor not only the current price of a financial instrument but also any other indicators installed on the chart together with VR Alert. The VR Alert indicator will notify you in any of four ways: via an Alert in the term
30 USD
Binance MT5
Hadil Mutaqin SE
Binance MT5 is a tool for Charting & Trading Bitcoin and Altcoin on Binance Spot Market from MT5 platform. Parameters Symbol = symbol name HistoryData = start time to download history data API Key = your binance api key Secret Key = your binance secret key Custom Symbol = to set manual symbol name * You should allow WebRequest from Tools menu >> Options >> Expert Advisors and add URL: https://api.binance.com/ * This tool cannot be run in the  Strategy Tester. * For automatic trading (EA) you
250 USD
Auto Trade Copier for MT5
Vu Trung Kien
Auto Trade Copier está diseñado para copiar los oficios entre múltiples cuentas MT5 / terminales con una precisión absoluta. Con esta herramienta, puede actuar como proveedor (fuente ) o receptor (destino ) . Cada acciones comerciales podrán ser clonados del proveedor al receptor sin demora. Las siguientes son las funciones destacadas :     Cambie entre proveedores o función del receptor en una sola herramienta.     Un proveedor puede copiar los oficios a las cuentas de múltiples receptor
79 USD
Active Lines
Yury Kulikov
Active Lines - a powerful professional tool for operations with lines on charts. Active Lines provides a wide range of actions for events when the price crosses lines. For example: notify, open/modify/close a position, place/remove pending orders. With Active Lines you can assign several tasks to one line, for each of which you can set individual trigger conditions, as well as conditions for re-activations and the number of possible activations. Active Lines helps you easily organize various tra
65 USD
Automatic Stops MT5
Tonny Obare
Automatic stops monitors your account and automatically sets the values you enter in the EA for stop loss, take profit and also trailing stop. As long as the EA is attached on a chart it will set stops and offer automatic trailing to any new trades for that currency pair so you wont have to manually enter them every time you open a trade. Features include: Ability to select which trades should be monitored via magic number. You can leave the value to 0 to only monitor manual trades or to any one
25 USD
Forex Trade Manager MT5
InvestSoft
Determination of transaction risk by calculating possible profits and losses. Precise designation of TP and SL levels for each transaction. These are the basic activities that every trader of financial markets must face with. The purpose of these calculations is very simple, achieving satisfying profits from FX transactions, with a minimum of risk. This is certainly the dream of each trader. This makes it difficult for new investors to take their first steps in this market.  EA Forex Trade Mana
99 USD
Tick chart generator
Artur Zas
A utility used to create custom Tick charts and provide real-time updates. This is an MT4 "offline" chart equivalent which is very simple to use. You can attach any MT5 compatible indicator or template to the tick chart and perform your technical analysis. Tick charts measure the number of transactions per bar. You can choose any number of ticks per bar but most traders choose Fibonacci numbers (1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233...). The generator uses tick data to plot the historical
38 USD
LT Trade Copy MT5
Thiago Duarte
Trade Copy is an EA-shaped tool that replicates the trades done on a Meta Trader 5 to all Meta Traders 5 opened on same computer. Is useful if you want to trade more than once account yours or if you want to work with third party account management. Demo version:  https://www.mql5.com/pt/market/product/40906 MT4 version:  https://www.mql5.com/pt/market/product/40902/ Configurations: MAIN OPTIONS Idiom - change to English or Portuguese. Copy trades from - specify if the trades will be copied fro
50 USD
Otros productos de este autor
Trendline EA
Carlos Oliveira
The FXTT Trendline EA for MT4 is a robot that helps you trade using the trendlines drawn on your chart. It basically allows you to set pending orders using trend lines . Something that Metatrader does not allow you to do by default. Easy to set up Choose default Lot size , Stop Loss and Take Profit Allows action on Touch, Pullback or Breakout of trendline The usage and configuration of the Expert Advisor is as follows: Load the EA Draw your trendlines on the chart Add Buy or Sell actions to your
30 USD
Trendline EA MT5
Carlos Oliveira
The FXTT Trendline EA for MT5 is a robot that helps you trade using the trendlines drawn on your chart. It basically allows you to set pending orders using trend lines . Something that Metatrader does not allow you to do by default. Easy to set up Choose default Lot size , Stop Loss and Take Profit Allows action on Touch, Pullback, Breakout or False Breakout of trendline The usage and configuration of the Expert Advisor is as follows: Load the EA Draw your trendlines on the chart Add Buy or Sell
30 USD
Trendline EA Free
Carlos Oliveira
The FXTT Trendline EA Free for MT4 is a robot that helps you trade using the trendlines drawn on your chart. It basically allows you to set pending orders using trend lines . Something that Metatrader does not allow you to do by default. Easy to set up Choose default Lot size , Stop Loss and Take Profit Allows action on Touch, Pullback or Breakout of trendline The usage and configuration of the Expert Advisor is as follows: Load the EA Draw your trendlines on the chart Add Buy or Sell actions to
FREE
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Weijiang Wu
151
Weijiang Wu 2019.02.14 04:13 
 

I want to try the free version first, but it doesn't seem to work, WHY? What is the difference between the free and paid versions?

[Eliminado] 2019.01.07 20:13 
 

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