Master Trendline

This EA utility opens trade when price touches trend line on your chart.

How to use in 2 steps?

  1. Attached this utility on your chart with your desired parameters  and risk management settings set.
  2. Draw a line using "Horizontal line tool" or  "Trend line tool" on your chart.

Rules:

  • You can draw a minimum of 1 line and a maximum of 2 lines  in the chart.
  • It will only trade once on a symbol when it touches the line.
  • You need to have a  fundamental knowledge about trend line trading.

Parameters:

  • MagicNumber -  return an identifying (magic) number of the currently selected order.
  • Trend Line Strategy - The Option to choose, 
    1.  A: Break Out Trend Line - will open buy when it crosses above 1 line or when it crosses above the Upper line,  will open sell when it crosses below 1 line or when it crosses bellow the lower line.
    2.  B: Reversal Trend Line  - will open sell when it crosses above 1 line or when it crosses above the Upper line,  will open buy when it crosses below 1 line or when it crosses bellow the lower line.
  • Trail Stop Pips (0 to Deactivate) - Will move stop loss if price moves in favor.
  • Delete Line - if set to true, it will delete trend lines after a trade is open.
  • Max Spread points  - the maximum spread you allow to open a trade.
  • EA_Comment - input comment in trade.
  • ~~~~~Risk Settings~~~~~
  • TradeSize - input initial lot size.
  • Loss Factor - wil multiply lot size if last trade is loss.
  • Restart lot on consecutive losses - if consecutive losses is reached the next trade will open at initial lot size.
  • TPSL Pips or Average True Range(ATR) - the option to choose,
    • Use ATR as TPSL -  it will use ATR values as measurement on placing TP and SL.
    • Use PIPS as TPSL    it will use Pips values as measurement on placing TP and SL.
  • ATR Settings------------------------------------------------------
  • TP ATR Size Multiplier - Multiplies ATR size to use as TP.
  • SL ATR Size Multiplier  - Multiplies ATR size to use as SL.
  • ATR Period -  Input ATR period value.
  • Pips Settings------------------------------------------------------
  • TP_Pips -  Input pips to use as TP.
  • SL_Pips   Input pips to use as SL.
  • Alert Settings - It will alert you every time it opens a trade.
  • Send_Email 
  • Audible_Alerts 
  • Push_Notifications

if you have more questions just send me a private message here in MQL, thank you.

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EchoTrade Telegram to MT5 Copier Seamless, Instant, and Reliable Signal Copying - Direct from Telegram to MetaTrader 4! The product does not run in the strategy tester but you can get free trial version   here  for testing before purchase. Tired of manually executing trades from Telegram signals? EchoTrade automates the process, instantly copying trades from any Telegram channel or group directly into your MT5 account—accurately, efficiently, and without delay. Key Features: Universal Compatib
Riskless Pyramid
Snapdragon Systems Ltd
5 (1)
Introduction This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. Fo
Offre spéciale trading – 40 % de réduction Gestionnaire de transactions avancé – La solution tout-en-un par excellence pour un trading manuel plus rapide, plus intelligent et plus sûr. Transformez votre trading manuel avec NextGen Trade Manager AI – le panneau professionnel intégré au graphique qui combine exécution instantanée, planification visuelle des transactions et gestion des risques performante dans un outil intuitif. Exécutez vos ordres, gérez les risques et protégez vos profits plus
Risk Manager for MT4
Sergey Batudayev
4.6 (10)
Expert Advisor Risk Manager pour MT4 est un programme très important et, à mon avis, nécessaire pour chaque commerçant. Avec cet Expert Advisor, vous pourrez contrôler le risque de votre compte de trading. Le contrôle des risques et des bénéfices peut être effectué à la fois en termes monétaires et en termes de pourcentage. Pour que l'Expert Advisor fonctionne, attachez-le simplement au tableau des paires de devises et définissez les valeurs de risque acceptables dans la devise du dépôt ou en
Ultimate Trailing Stop EA
BLAKE STEVEN RODGER
4.33 (15)
This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.  Moreover, you can add (overrid
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Master Stochastic
Genesis Hafalla
4 (1)
How it works? This EA trades with Stochastic signal and base line crossovers. Only allows one open trade at a time on the currency you have attached this EA. Opens a Buy position if the signal line crosses below base line below the value you set in BuyBelow parameter. Opens a Sell position if the signal line crosses above base line above the value you set in SellAbove parameter. This EA will work in any time frame and in any pair, Stochastic oscillator will base its data on the current time fram
LogicalTraderEA
Genesis Hafalla
5 (6)
LogicalTraderEA is a Hedging expert advisor which uses a grid recovery strategy. Trading Strategy LogicalTraderEA trades on all types of pairs. It works most efficiently on an account with a high margin, which plays a huge role in any strategy. The user has to be able to consider withdrawal as a part of the strategy. This EA works on all time frames without losing its efficiency, but it works most efficiently in the H1 time frame. I have already set the most optimal default parameters in accorda
How it works? This EA trades with Fast MA and  Slow MA  crossovers. Moving Average will base its value on the current time frame. Only allows one open trade at a time. Two strategy to choose,  crossover and trend following. Optimize risk management settings for lot size and martingale. Strategy: Crossover Opens a Buy position if the  Slow MA  crosses below  Fast MA. Opens a Sell position if the  Slow MA  crosses above  Fast MA. Trend Following Opens a Buy position if the  Slow MA  is below  Fast
Stochastic Crossover EA
Genesis Hafalla
5 (5)
How it works? This EA trades with Stochastic   Signal Line  and  Base Line  crossovers. Stochastic  will base its value on the current time frame. Only allows one open trade at a time. Two strategy to choose,  crossover and trend following. Optimize risk management settings for lot size and martingale. Strategy: Crossover Opens a buy position if the Signal Line  crosses below  Base Line and base line is below the Buy below crossover level. Opens a sell position if the Signal Line  crosses above
RSI Level EA
Genesis Hafalla
5 (2)
A simple EA that trades based on Relative Strength Index levels. How it works? This EA trades with  Relative Strength Index Level   . Relative Strength Index Level  will base its value on the current time frame. Only allows one open trade at a time. Two strategy to choose,  Reversal and Trend following . Optimize risk management settings for lot size and martingale. Strategy: Reversal Opens a buy position  if the RSI is below oversold  level. Opens a sell position  if the RSI is above overbought
This EA utility does not trade on its own, but it only modifies the open  trades  to add take profit and stop loss that was  opened manually or by any other expert advisors.  The distance is based on Average True Range Indicator(ATR). How Does It Work? If Symbol to modify is set to "All Symbol" simply attach it to one chart, and all open trades in the entire terminal will set the take profit and stop loss with the distance of Average True Range value of their corresponding symbol.  If  Symbol
Universal TP SL Pips
Genesis Hafalla
5 (1)
This EA utility does not trade on its own, but it only modifies the   open  trades    to add   take profit   and   stop loss   that was  opened manually or by any other expert advisors.  The distance is based on Pips . How Does It Work? If   Symbol to modify   is set to   "All Symbol"   simply attach it to one chart, and all   open trades   in the entire terminal will set the   take profit   and   stop loss   .  If  Symbol to modify   is set to   "Local Symbol"   , it will only set the   ta
Stochastic Cross Arrow  is an indicator that automatically places arrow when stochastic K and D line crosses each other on a certain level. Buffer Guide For Developers: Buffer 0 =Buy Arrow Buffer 1 =Sell Arrow Inputs: ---Stochastic Settings--- %K  - %K value. %D  - %D value. Slowing  - Slowing value . Stochistic Method   -  Moving Average method. It can be any of enumeration values.  Newbar - arrow only appear on new bar. Buy_Msgs - type info message when buy arrow appears. Sell Msgs - type info
Stochastic Cross Arrow  is an indicator that automatically places arrow when stochastic K and D line crosses each other on a certain level. Buffer Guide For Developers: Buffer 0 =Buy Arrow Buffer 1 =Sell Arrow Inputs: ---Stochastic Settings--- %K  - %K value. %D  - %D value. Slowing  - Slowing value . Stochistic Method   -  Moving Average method. It can be any of enumeration values.  Newbar - arrow only appear on new bar. Buy_Msgs - type info message when buy arrow appears. Sell Msgs - type info
How it works? This EA trades with Stochastic Signal line  Cross over low and high levels. Only allows one open trade at a time on the currency you have attached this EA. if Reverse Logic is FALSE  will open BUY if Stocha Signal Line Cross below Low Level  will open SELL if Stocha Signal Line Cross Above High Level if Reverse Logic is TRUE  will open SELL if Stocha Signal Line Cross below Low Level  will open BUY if Stocha Signal Line Cross Above High Level Key difference with my other EA " Maste
Filtrer:
Mehdi Faraz Fard
2470
Mehdi Faraz Fard 2021.07.11 13:39 
 

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