Trendline Breakout EA

TB EA – Trendline Breakout Expert Advisor

NOTICE THAT THE EA USES DUMMY TRENDLINES ON STRATEGY TESTER AS YOU ARE UNABLE TO DRAW TRENDLINES ON STRATEGY TESTER

NOTE: PRICE INCREASES EVERY 10 BUYERS


Overview

TB EA 1.0 is a professional-grade automated trading system that detects and executes trades based on trendline breakouts using a "body break" confirmation methodology. The EA intelligently distinguishes between support and resistance trendlines, executing BUY orders on resistance breakouts and SELL orders on support breakouts. It works seamlessly on Forex pairs and CFD Indices.

    Input Parameters
    Group
    		 Parameters
    Risk Management
    		 Fixed Lot Size, Max Drawdown %, Max Daily Loss %, Daily Profit Target, Close on Drawdown, Close Only Losers
    Trade Management
    		 Max Positions Per Setup, Max Positions Per Day, Slippage Range, Max Spread, Magic Number
    ATR Settings
    		 ATR Period, Min/Max ATR Filter, SL Multiplier Range, ATR SL Buffer, RR Ratio, TP Multiplier Range
    Breakeven
    		 Enable/Disable, Trigger Pips, Offset Pips
    Trailing SL
    		 Enable/Disable, ATR Multiplier, Start After X Pips, After Breakeven Only
    Trailing TP
    		 Enable/Disable, ATR Multiplier, Start After X Pips
    Simultaneous Entry
    		 Enable/Disable, Trade Count (2-5), Show Button
    Partial Close
    		 Enable/Disable, Close %, RR Target
    Auto Optimization
    		 Enable/Disable, Lookback Period
    Trendline
    		 Name Prefix Filter, Touch Tolerance
    Display
    		 Show Dashboard, Colors, Font Size
    Alerts
    		 Enable All, Breakout/Execution/Close/New Day Alerts, Sound/Push/Email
    How It Works

    1. Draw trendlines on your chart (support and resistance)
    2. Attach the EA – it automatically classifies each trendline as support or resistance
    3. When a candle body breaks through a trendline:
    • Resistance breakout → BUY order
    • Support breakout → SELL order
    4. SL/TP are calculated based on ATR and your RR ratio settings
    5. The EA manages the trade with breakeven, trailing SL/TP, and partial close

    6. Risk limits are monitored every tick to protect your capital

    NOTICE THAT THE EA USES DUMMY TRENDLINES ON STRATEGY TESTER AS YOU ARE UNABLE TO DRAW TRENDLINES ON STRATEGY TESTER


    Requirements
    • MetaTrader 5
    • Minimum balance: As per your lot size and risk settings
    • Works on any timeframe
    • Requires manually drawn trendlines on the chart
    Recommendations
    • Use on H1 or H4 timeframes for more reliable breakout signals
    • Start with demo testing to optimize ATR and RR settings for your instruments
    • Set conservative drawdown limits 
    • Use trendline prefix filtering to control which lines the EA trades 
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      Experts
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      Experts
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      Experts
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      Experts
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      Bogdan Ion Puscasu
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      Experts
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      Experts
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      Experts
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      Experts
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      Experts
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      Inrexea Limited
      Experts
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      Taner Altinsoy
      5 (1)
      Experts
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      Indicatori
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      Experts
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      Paballo Justice Tsoako
      Experts
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