Follow The Line EA MT4
- This is EA based on custom index of color recognition.
- Make many orders when the color is green.
- Make a blank list when the color is red.
- Currently EA has built-in third-party custom indicator Follow The Line.
lotS: The number of hands placed by EA
sL: Stop Loss Points
tP: stop-earnings points
magic: The current EA order identification, which is different from other EA or manual order identification number, is not recommended to change.
Usemovingtp: turn on or off the mobile stop function. It is turned off by default. It is recommended to set it to usemovingtp = false after installation
Movesl: stop loss points
Usetimeframefilter: turn time cycle filtering on or off
Filtertimeframe: time period filtering, which takes effect when usetimeframefilter = true. The default is 4 hours, which can be modified according to the situation.
MAPeriod: A single cycle under EA, recommended not to modify
This is to call third-party custom indicators, indicators loaded into the chart according to the line color well marked under one direction, and then according to the indicators signal to write EA, no time, currency restrictions.
At present, EA is better to work in 1 hour and 4 hour time cycle, and the effect is better. Although the index is unlimited, the effect is not good.
This EA work platform is better to choose traders with small spreads.
This EA will only issue a single currency pair.
Because foreign exchange transactions run 24 hours, manual follow-up index orders are vulnerable to personal time and emotional impact, using the current EA can be very good according to EA to automatically complete orders.
This EA has built-in Follow The Line, a third-party indicator, which will not be displayed on the chart when hanging up the bill.
When testing historical data or billing, it is recommended to load the following The Line indicator into the chart, which can show the current market and EA billing situation intuitively.
Indicators for loading this EA: https://cloudservicesystem.com/goftp/file/getSingleFile?fileName=FollowTheLine.ex4