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Trendline Breakouts MT4

Trendline Breakouts is a semi-automatic expert advisor, which means you only need to draw the support and resistance lines, and then let the expert advisor handle the trading for you.

You can use this expert for every market and time frame. Backtesting is not available because this is a semi-automatic EA. You draw the trendlines and let the expert trade for you.

This expert enables you to automatically trade breakouts of both horizontal support and resistance and trendlines, unlike the traditional approach of using pending orders.

A Gift included in this expert  : Range Breakout strategy that identify daily support and resistance levels and initiating both Long and Short trades automaticly at these key points.

Link for the MT5 version : https://www.mql5.com/en/market/product/104566

How it's work?

This expert is looking for a trendline or a horizontal line on the chart.

When the Price crosses above the Upper Trendline (Resistance), a buy order will be opened.

When the Price crosses below the Lower Trendline (Support), a sell order will be opened.

Notes :

  • Resistance is the upper or the highest trendline found in the chart.
  • Support is the lower trendline found in the chart.
  • If only one trendline is found, it is identified as both upper and lower trendline.
  • Remove any unnecessary trendlines and horizontal lines to prevent the expert from executing trades based on outdated lines. 
<General Inputs>

Resistance Break : The Price crosses above the Upper Trendline (Resistance), a buy order will be opened.

Support Break :  The Price crosses below the Lower Trendline (Support), a sell order will be opened.

Range Breakout : Price break  the  support or the resistance level  (no need to activate this option).

Time Interval : Number of hours befor "Time end" to identifier High and Low of the range this is a sensitivity of the high and low algorithm for the first ansd second range (smaller value = less highs and lows, greater value = more highs and lows).

Time end :  End of the time to identify the high and low values for the range.

Trail Stop :  The Trailing Stop will be trailed in this set distance behind the current market price.

Trail Step : The SL will only be modified if it is at least this distance above the previous SL.

Daily Drawdown : Profit /Loss Today , if your account incurs a loss of $50, the expert will automatically disable trading until the following day.

Trade Size: Lot size for each trade if the fixed trading volume mode is chosen.

Max Open Trades : Maximum simultaneous open trades.

Time and Day Filter: Activates or deactivates the time filter which will be checked before new orders are placed.

Magic Number: This number should be unique for every EA in your account since the EAs use it to identify their own trades.

Allow Hedging : Chek if you want to sell when a long position long is open, and vice versa.

Audible_Alerts : Alerts for every order "buy or sell".

Push_Notifcations : Notifications for mobile terminals.


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Bienvenue à       GoldExcel EA   , day trader pour la paire de devises XAUUSD (Or). Développé par notre équipe, il peut être utilisé pour les comptes réguliers, les comptes d'accessoires sponsorisés et les concours d'accessoires. N'utilisez pas le trading à haute fréquence. See all products here:   https://www.mql5.com/en/users/fxmanagedforexltd/seller Le prix initial augmente toutes les quelques semaines. Live $1K account Aggressive :  https://www.mql5.com/en/signals/2133201 Live $5K Low Risk: 
Smart Funded Hft
Barbaros Bulent Kortarla
5 (49)
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SFE Impulse MT4
Joel Juanpere
Experts
2 of 5 Units at 600 USD. Next price 900 USD This expert advisors search for perfect impulse setups. The approach is use a very few but high effectives rules / filters and an effective management of the opened position. Signal https://www.mql5.com/es/signals/2049326 Backtest The EA must be backtest in any timeframe, but for use in live, must be attached to a M5 chart. Live setup The EA is very easy to configure, and can be used with the default parameters. Only the parameters re
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4.29 (7)
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Candle EA MT4
Mansour Babasafary
4.58 (38)
Experts
This expert is based on patterns The main patterns of this specialist are candlestick patterns Detects trends with candlestick patterns It has a profit limit and a loss limit, so it has a low risk The best time frame to use this expert is M30 time frame The best currency pairs to use with this expert is the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs The price will increase by 100$ after every 10 purchases! Final price 2450$ Get a 50% bonus by buying (or even renting) any of our product
TopBottomEA
lizhi fu
4.78 (50)
Experts
TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
Powerful 1 min scalping system
Andrey Kozak
5 (1)
Experts
Price reduced for 7 days to $147 Then the price will be $230 PowerFul 1 Min Scalping System - Automatic Robot Scalper for Trade on the XAUUSD currency pair (the robot trades in other currency pairs, but gets the best results in gold). Recommended time periods M5 . The minimum initial balance is from $ 500. This robot automatically determines the points of price turning and sets several deferred orders in the likely future direction of the trend. If the price does not unfold in the right directi
AI NeuroX EA MT4
Denis Kurnev
5 (2)
Experts
AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
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5 (6)
Experts
AI Heisenberg est un robot de trading universel basé sur un réseau de neurones et un auto-apprentissage basé sur certains modèles de conception, capable d'analyser le marché et de prendre des décisions de trading optimales. Il utilise un indicateur RSI supplémentaire pour filtrer les transactions qui pourraient être des signaux d'inversion des prix. Attention!!! - Après l'achat, écrivez-moi un message personnel pour recevoir des cadeaux : Accès au chat VIP Meilleurs paramètres Un autre conseill
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Send Orders At Time
Abdeljalil El Kedmiri
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This new time-based strategy   enable you to schedule precise buy/sell orders at any predefined time , allowing you to execute trades based on timing rather than technical analysis.  The system automatically can determines the order type (buy or sell) based on technical confirmations provided by RSI and moving averages. You have the freedom to adjust and customize all parameters related to Buy and Sell criteria, as well as enable or disable technical filters . Link to MT4 version :  https://www.
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