Line Trader

4.71

This EA you can automatically act on trend lines of your choice. You only need to draw a line and then press the buy or sell button.

Suitable for traders the chart pattern (triangles, channels, spikes ...) act.

The tool is also suited for quick and easy to set Pending Orders.


Input parameters

  • Magic - Choose magic number
  • MoneyManagement - Automatically calculated lot size, values are displayed on the lines
  • RiskMode - Choose risk model RiskPercent or RiskMoney
  • RiskPercent - In percent when money management is turned on calculated size
  • RiskMoney - In money when money management is turned on calculated size
  • TakeProfit - Choose take profit in pips
  • StopLoss - Choose stop loss in pips
  • LineDistancePips - Trade is executed before line
  • SlipPage - Maximum allowable distance between trend line and price for a trade in pips
  • SpreadMax - Maximum allowable spread for a trade in pips
  • Breakeven - Distance between order price and price in pips (0 = off)
  • BreakevenPlus - Example Long: -30 = 30 pips under open price
  • TrailingPips - Trailing stop in pips (0 = off)
  • TrailingProgressive - Stop loss is progressively reduced, take profit is necessary
  • OneClickTrading - One click trading, if no trend line has been selected
  • TradeAtClose - Trade when "close price" of the last candle line crosses
  • Hidden - Possibility to hide Stop loss and Take profit from broker
  • PanelCorner - Dock the panel in the desired corner
  • PanelX - Horizontal distance of the panel in pixel
  • PanelY - Vertical distance of the panel in pixel
  • ButtonColorSell - Color of the sell button
  • ButtonColorBuy - Color of the buy button
  • ButtonColorText - Color of the text for all buttons
  • LineColor - Color of the line when it is activated
  • LineColorTP - Color the take profit line
  • LineColorSL - Color the stop loss line
  • LineStyle - Styles for all lines (solid, dash, dot, dash dot, dash dot dot)
Recensioni 8
monmak1
22
monmak1 2021.02.26 08:37 

Good EA! easy for everyone. if you are a line trader, this EA will help you so much. thank you Rainer , Good hard work

EllyMaus
374
EllyMaus 2021.02.21 12:00 

Sehr gut !

paddock
386
paddock 2020.11.13 00:25 

Thank you. Does all it's supposed to do. The best value for money ever. If your a line trader, even occasionally it's worth having in your arsenal. Highly recommend.

The only thing I would like is if you had a show/hide button for the info panel as it takes up too much of the screen, but still worth 5 stars.

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KEENBASE SOFTWARE SOLUTIONS
3.75 (4)
An equity protection EA for MetaTrader that enforces your loss limits and profit target for you: when your account reaches a rule you set, it closes your trades on every symbol, before one bad day turns into a lost account. It suits prop firm challenges and personal accounts alike. Attach it to one chart, answer a few questions in the on-chart setup wizard, and it watches your whole account in the background while you trade by hand or with other EAs. What it protects Daily loss limit: a percenta
Trade Dashboard MT4
Fatemeh Ameri
4.96 (55)
Trade Dashboard simplifies how you open, manage, and control your trades, with built-in lot size calculation. It allows you to execute trades, manage risk, and control positions directly on the chart, with tools such as partial close, breakeven, and trailing stop. Designed to reduce manual work and help you stay focused on your trading decisions. A demo version is available for testing. Detailed explanations of features are provided within the MQL5 platform. Installation instructions are include
Easy Trade Executor è uno strumento per il calcolo rapido del lotto, l'esecuzione degli ordini e la gestione dei trade in MT4. Posiziona direttamente sul grafico i livelli di Entrata, Stop Loss e Take Profit, ottieni il calcolo automatico del lotto e apri trade con rischio controllato in pochi clic. Perché scegliere Easy Trade Executor? Easy Trade Executor è stato progettato per i trader che cercano molto più di un semplice calcolatore del rischio. Vogliono gestire i propri trade in modo rapido
RS Trade Copier
Boris Sedov
5 (1)
RS Trade Copier - il local trade copier ultra-veloce con una vera interfaccia grafica. Smetti di inserire i numeri di conto manualmente. Addio alle interminabili liste di oltre 200 parametri nelle impostazioni. Uno strumento affidabile e flessibile per copiare operazioni di trading tra multipli terminali MT4 e MT5. È adatto sia a trader esperti e servizi di segnali, sia a investitori privati. Permette di sincronizzare il trading da uno o più Fornitori a uno o più Clienti con elevata precisione e
EchoTrade Telegram Signal Backtester VALIDATE TELEGRAM SIGNALS IN MINUTES - STOP GUESSING, START BACKTESTING Stop blowing accounts on "VIP" signals that don't deliver. The EchoTrade Telegram Signal Backtester is the professional solution to audit, verify, and optimize any Telegram signal provider's performance on historical data. Most signal providers show you their wins but hide their losses. This tool reveals the naked truth. By combining a powerful Data Manager (included) with an advanced MT4
Altri dall’autore
Period Change Button
Rainer Albrecht
3 (1)
Fastest way to change the period. Suitable for traders who use many charts and timeframes. Size, shape and color can be customized. Inputs Parameters Corner — Choose corner placement Standart is "Right lower chart corner" Color — Background color of the button ColorText — Text color of the button ColorOn — Background color of the button for the current period ColorOnText — Text color of the button for the current period Font — Arial, Verdana... FontSize — Size of the font in pixels DistanceX —
FREE
The indicator automatically sets trendlines on the really important points directly on the chart. Timeframe, color and style of the lines can be adjusted. Notification of a breakout above or below the line via a smartphone is possible. Inputs Timeframe - Choose timeframe TrendlineColor - Choose line color TrendlineStyle - Line styles (solid, dash, dot, dash dot, dash dot dot) Alerts - True = alert SendNotifications - True = Notification via a smartphone
The indicator automatically sets trendlines on the really important points directly on the chart. Timeframe, color and style of the lines can be adjusted. Notification of a breakout above or below the line via a smartphone is possible. Input Parameters TimeFrame : Choose timeframe AppliedPrice : Choose close , open, high, low, median, typical or weighted price Formation : Choose swing, Shoulder head shoulder or long term formation Alerts : true = alert is on SendEmail : Send message to email ad
The indicator plays sound alerts when the price reaches certain levels, specified by trader. You only need to draw a trendline and then press the alert button in the panel. The texts of the notification you determine. Notification via a smartphone or email address is possible. Note for "Free Demo" : MetaTrader 4 does not support displaying an alert window or playing sounds in the strategy tester, only in live or demo accounts. How it works Draw a trendline Click the "Alert" button (Trendline m
The trade panel supports discretionary traders in trading. Panel Description The windows can be opened and closed and moved. Expert Advisor Input Magic: - Unique ID, is necessary if you use several Expert Advisors (EA) One Click Trading Button The buttons work in a similar way to "One Click Trading" in Metatrader. The values in the volume edit can be set individually for each instrument and remain saved even after changing charts or restarting Metatrader. Caution! Check which volume is set befo
The indicator automatically sets trendlines on the really important points directly on the chart. Timeframe, color and style of the lines can be adjusted. Notification of a breakout above or below the line via a smartphone is possible. Input Parameters TimeFrame : Choose timeframe Formation : Choose swing, Shoulder head shoulder or long term formation Alerts : true = alert is on SendEmail : Send message to email address SendNotifications : Send message to smartphone or tablet AlertAtClose : A
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monmak1
22
monmak1 2021.02.26 08:37 

Good EA! easy for everyone. if you are a line trader, this EA will help you so much. thank you Rainer , Good hard work

EllyMaus
374
EllyMaus 2021.02.21 12:00 

Sehr gut !

paddock
386
paddock 2020.11.13 00:25 

Thank you. Does all it's supposed to do. The best value for money ever. If your a line trader, even occasionally it's worth having in your arsenal. Highly recommend.

The only thing I would like is if you had a show/hide button for the info panel as it takes up too much of the screen, but still worth 5 stars.

Kostbar
513
Kostbar 2017.08.11 21:54 

5 Sterne ... sehr guter Indikator. Ich nutze ihn täglich; sehr schnelle, einfache und stressfreie Handhabung. Zuverlässige Ausführung mit vielen unterschiedlichen Einsatzmöglichkeiten. Wunderbar.

Airat Zainetdinov
386
Airat Zainetdinov 2017.05.09 08:59 

Можно сделать так чтобы панель была всегда поверх графика. И не реагировала на линии графика.

Sehn
128
Sehn 2016.11.24 01:41 

Misleading, unable have diagonal trend line stop/tp. 5 Stars otherwise

Akshay De
60
Akshay De 2015.09.18 09:59 

Simple and effective EA, if you are a trendline/pattern trader then look no further. I have spent lots of money buying other products for trading the trendline/pattern , and I wasted a great deal of money. This product finally meets all the expectations of a trendline/pattern trader.

The support is really great and fast, I have requested the coder to implement options for closing/reversing the trades and he has happily agreed.

martkoni
159
martkoni 2015.08.31 11:07 

Very easy to trade especially a lot of positions. I draw many lines, press buton SELL and the EA will trade them with SL, TP, Breakeaven. I can easily prolong the lines, SL and TP will prolong automatically.

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