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This is a semi-automatic Expert Advisor. A user draws a support or a resistance line in the form of a horizontal line or a trendline on a chart. A command in the format of UP|DN_xxxx:yyyy is specified in the line name; the Expert Advisor understands it as a signal to buy or sell setting a stop loss and a take profit.

EA settings include a parameter with a lot size and a value for moving stop loss to breakeven. If stop loss = 0, the EA does not use breakeven. If this parameter is greater than zero, then when a position moves to profit equal to the parameter (in points), stop loss is moved to breakeven. Positions are closed either by SL, TP or manually.

Example:

You draw a trendline on a chart. МТ4 calls it Trendline 53503. If you believe that the price should rollback from this line, then add the command UP_xxxx:yyyy in the line name, where:

  • UP is a command to buy, DN is a command to sell;
  • xxxx is the stop loss value in points;
  • yyyy is the take profit value in points.

I.e. in this example, a stop loss should be set at 300 pips from the current price, and a possible profit can be equal to 1200 points, so the name of the trend line is like this: Trendline 53503 UP_0300:1200. The Expert Advisor will be watching the price based on this command. Once the price crosses the trendline upwards, the EA will open a buy deal with the preset stop loss (300 points) and take profit (1,200 points).

A buy deal opens when the following conditions are met:

  1. There are no open buy deals for this symbol that have been opened by this EA (checked by Magic).
  2. There is an open buy deal on this symbol, which has been opened by the EA (checked by Magic) and its stop loss is above its opening price, i.e. its stop loss provides a guaranteed profit.

For a reverse situation - to form a sell deal - a command in the line deal should be as follows: Trendline 53503 DN_0300:1200. In this case, the EA will wait until the trendline is crossed downwards. When this situation occurs, a sell deal will be opened.

The deal will be opened under the following conditions:

  1. There are no open sell deals for this symbol that have been opened by this EA (checked by Magic).
  2. There is an open sell deal on this symbol, which has been opened by the EA (checked by Magic), and its stop loss is below its opening price, i.e. its stop loss provides a guaranteed profit.

Important: keep the command form UP_xxxx:yyyy and DN_xxxx:yyyy. If the stop loss value is two-digit (e.g. 20 points), then you should add two zeros in the command, like this: UP_0020:0100.

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Don't purchase before testing the Demo version first. DEMO version:   https://www.mql5.com/en/market/product/76917 __________________________________________________ This EA  - Tool allow you replay bar in Meta Trader 4 for back test. This Tool can back test in multi timeframe in only one chart. This Tool is very useful for Price action trader. It can work with Indicators, some indicators cannot works. So please download Demo to test before purchase.  Demo Version We do not accept refund in any
Eezeorder 2
Tawanda Tinarwo
5 (2)
NEW VERSION!  NB: IF YOU ARE USING A VERY HIGH RESOLUTION MACHINE AND THE EA DISPLAY LOOKS TOO SMALL, CONTACT ME SO I CAN HELP YOU. Open Multiple Trades on MT4 in 1 click at one price. Enter the Lot size Specify the number of trades you want to open Choose whether you want TP SL or Trailing Stop Once you are done, click Buy or Sell Open Multiple Pending Orders on MT4 in 1 click at one price. Enter the Lot size Specify the gap from the current price, where you want to place the pending order Spe
Este Asesor Experto supervisa constantemente el capital de su cuenta comercial para evitar costosas reducciones y / o cumplir con las reglas comerciales. Cuando se infringe un determinado conjunto de reglas, el EA alertará, cerrará todas las operaciones y, en algunos casos, eliminará todas las órdenes pendientes. Opcionalmente, también puede cerrar todos los gráficos para eliminar todos los EA que operan en la cuenta. Este EA es particularmente útil para los desafíos de comercio de accesorios,
MT4 To Notion
DaneTrades Ltd
5 (2)
Este programa te permitirá exportar todas tus operaciones de tu cuenta de MetaTrader directamente a Notion utilizando una interfaz de usuario muy amigable.  Versión MT5  |  Guía del usuario + Demo Para empezar, utiliza la Guía del usuario y descarga la Plantilla de Notion. Si deseas una demostración, por favor consulta la Guía del usuario. ¡No funciona en el probador de estrategias! Características principales Exporta todas las operaciones de tu cuenta de trading a tu Notion Exporta las operacio
Trading History MT4
Siarhei Vashchylka
5 (7)
Trading History - A program for trading and money management on the history of quotes in stratagy tester. It can work with pending and immediate orders, and is equipped with trailing stop, breakeven and take profit functions. Very good for training and testing different strategies. Manual (Be sure to read before purchasing) Advantages 1. Allows you to test any trading strategy in the shortest possible time 2. An excellent simulator for trading training. You can gain months of trading experi
Mentfx Mmanage
Anton Jere Calmes
5 (15)
The added video will show you the full functionality, effectiveness, and simplicity of this trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool c
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Trade Informer HVZ
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Trade Informer HVZ   is a utility that allows you to display trading results (open and closed positions) using filters for trading instruments and Magic Numbers of Expert Advisors. The results are displayed as a horizontal or vertical table or as separate blocks. Full list of displayed parameters: List of analyzed instruments List of Magic Balance of open positions Result of closed positions for today The result of closed positions for the previous day The result of closed positions for the
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Versión 2.1 2020.03.24
Перекомпилирован в билд 1260